ABB, a leading player in power and automation technologies, today presented its next level strategy and financial targets for the 2015-2020 period aimed at accelerating sustainable value creation.

The strategy is building on ABB's three focus areas of profitable growth, relentless execution and business-led collaboration. In the next period, the company will drive profitable growth by shifting its centre of gravity toward high-growth end markets, enhancing competitiveness and lowering risk in business models.

Shares of the company gained Rs 50.1, or 4.51%, to trade at Rs 1,161.65. The total volume of shares traded was 69,227 at the BSE (1.23 p.m., Tuesday).