Wednesday 2 March 2016

VA Tech Wabag zooms 13%

The scrip opened at Rs. 432 and has touched a high and low of Rs. 484.6 and Rs. 432 respectively


VA Tech Wabag Ltd stock was higher by 13% at Rs.474.. Report says IDFC Asset Management Company Limited-IDFC Hybrid Infrastructure sold 7,24,452 shares of the company at Rs. 421.24 on the NSE.

The scrip opened at Rs. 432 and has touched a high and low of Rs. 484.6 and Rs. 432 respectively. So far 125485(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2292.12 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 970 on 17-Mar-2015 and a 52 week low of Rs. 409.3 on 01-Mar-2016. Last one week high and low of the scrip stood at Rs. 514.95 and Rs. 409.3 respectively.

The promoters holding in the company stood at 28.95 % while Institutions and Non-Institutions held 52.4 % and 18.65 % respectively.

The stock is currently trading above its 200 DMA.

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