Sell ABB - Oct-Dec 2012 Earnings Preview - Prabhudas Lilladher

We expect the overall order flow to remain subdued, given the high competition from Power Grid orders due to invasion of Chinese players mopping up significant market share and continued delay in ordering from the Industrial segment. We expect the margins to be under pressure due to execution of low margin orders. However, YoY, margins will improve 40bps due to lower base last year.

Source : Equity Bulls

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