Original thesis was on the new initiatives taken by the company and de-merging power grids business into a separate company and give control to Hitachi.
Good to see that the power grids business is pro-active, when still under ABB management as it just signed an MoU with Ashok Leyland to supply Flash charging technology to its buses. FYI, Ashok Leyland is the fourth largest bus manufacturer in the world (and the largest in India).
Discl: Entered ABB on de-merger record date aka 23rd Dec 2019, so holding both the entities. Also own a good amount of Ashok Leyland. Pleasure to see both my shareholding companies collaborate with each other to create business value and sustainable future. This is not a buy / sell recommendation. Please do your own research or consult your financial advisor before buying or selling any of mentioned companies.