Va Tech Wabag soars on FIIs buying

09 Oct 2014 Evaluate

VA Tech Wabag is currently trading at Rs. 1665.00, up by 52.60 points or 3.26% from its previous closing of Rs. 1612.40 on the BSE.

The scrip opened at Rs. 1635.00 and has touched a high and low of Rs. 1667.05 and Rs. 1632.00 respectively. So far 3739 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1748.00 on 30-Sep-2014 and a 52 week low of Rs. 464.90 on 09-Oct-2013.

Last one week high and low of the scrip stood at Rs. 1735.00 and Rs. 1602.50 respectively. The current market cap of the company is Rs. 4408.99 crore.

The promoters holding in the company stood at 29.43% while Institutions and Non-Institutions held 49.93% and 20.64% respectively.

Foreign institutional investors (FIIs) have raised stake in Va Tech Wabag by 257 basis points to 28.55% in Q2FY15 from 25.98% as on June 30, 2014. However, domestic institutional investors (DIIs) have reduced shareholding in the company by 58 basis points to 21.39% at the end of September 2014 from 21.97% as on Jun 30, 2014.

Non Institutions were holding 20.63 percent stake at the end of September 2014 quarter, down 126 basis points from 21.89 percent as on June 30, 2014, while corporate bodies were holding 6.7 percent stake at the end of September 2014 quarter, down 65 basis points from 7.35 percent as on June 30, 2014. Further, promoters have reduced shareholding in the company by 73 basis points to 29.43% at the end of September 2014 quarter from 30.16% as on June 30, 2014.

VA Tech Wabag is a multinational player in the water treatment industry. It offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services.

VA Tech Wabag Share Price

987.15 -9.95 (-1.00%)
17-May-2024 16:01 View Price Chart
Peers
Company Name CMP
VA Tech Wabag 987.15
Race Eco Chain 329.00
Antony Waste Hand 483.80
RESGEN 81.01
Eco Recycling 512.70
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