ABB India shares surged by the announcement of a 13 percent year-on-year increase in net profit for the final quarter of 2023. The net profit for the quarter ending in December 2023 reached Rs 345 crore, reflecting a 13 percent growth compared to the corresponding period last year. ABB India shares were trading at Rs 4,741.05, representing a 4.79 percent increase on the National Stock Exchange (NSE) from the previous session's closing price. Revenue for the quarter rose by 14 percent to Rs 2,757 crore, while order intake saw a notable 35 percent increase to Rs 3,147 crore during the fourth quarter of CY23, marking the highest fourth-quarter revenue for the firm in the past five years. The order backlog as of December 2023 reached Rs 8,404 crore, up by 30 percent year-on-year. Additionally, the board recommended a final dividend of Rs 238 per share