ABB ltd in 2009

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ABB ltd in 2009

Introduction : ABB Ltd is one of the world's leading engineering companies. The Company was incorporated on December 24, 1949 as Hindustan Electric Company Limited. In 1965, the Company's name was changed to Hindustan Brown Boveri Limited (HBB). Pursuant to the Scheme of Amalgamation of Asea Limited with HBB with effect from 1st January 1989, the name was further changed to Asea Brown Boveri Limited (ABB) with effect from October 13, 1989. The ABB Group of companies operates in around 100 countries and employs about 115,000 people. ABB has continued to bring value to the customers in India through its leading edge technologies, domain expertise and project execution abilities. Based on market outlook and well established presence of the company, Ganesha foresees the future of ABB in the coming year.

Share Holding Pattern:
Govt. - Financial Institutions 19.3
Foreign Holdings 14.59
Directors and their Relatives 52.11
Corporate Bodies- 2.32
Other including Indian Public 11.67

Astrological Analysis

On viewing the shadbal chart of ABB, all the stars except Sun are in strengthening position. On discussing the natal chart of ABB, Ganesha finds that, in the house of the Ascendant, Sun-Mercury-Mars are in conjunction which is favourable. As Mars was well posited in the first house and Uranus in the fourth house, the products of ABB went rolling and hit the market. It also provided the company a base to market its product.

What next?
Currently, Jupiter is transiting over Saturn, Neptune and Uranus through the fourth house of the natal chart and is also facing Natal Jupiter. This favourable transit will promote company's expansion programs, add new products to the company's kit till December 09, 2008.

However, after September 09, 2009, Saturn under affliction may yield unfavorable results. It may produce tendencies of indiscipline, discontentment and turbulence which may negatively impact the standing of the company. The workers out of utter fear, austerity and frustration may resort to agitational activities.

Any imbalance in the interplay of the below stated forces can result in chaos. However, the road to progress has not ended for the company.

Remedy
To bring the elements in harmony, the company, must go for vaastu pujan and worship shri yantra on a daily basis.

Conclusion:
For Short Term Period - averagly buy
For Mid Term Period - HOLD
For Long Term Period - STRONG BUY

Ganesha's Grace,
Dharmesh Joshi
The GaneshaSpeaks Team

21 October 2008 05:18:28 GMT

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