WPIL is currently trading at Rs. 555.00, up by 0.80 points or 0.14% from its previous closing of Rs. 554.20 on the BSE.
The scrip opened at Rs. 565.00 and has touched a high and low of Rs. 572.00 and Rs. 550.00 respectively. So far 15032 shares were traded on the counter.
The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 582.00 on 13-Jul-2017 and a 52 week low of Rs. 315.00 on 26-Dec-2016.
Last one week high and low of the scrip stood at Rs. 582.00 and Rs. 521.00 respectively. The current market cap of the company is Rs. 544.03 crore.
The promoters holding in the company stood at 61.07%, while Institutions and Non-Institutions held 16.99% and 21.94% respectively.
WPIL has received an approval for the proposed acquisition of an Alloy and Stainless Steel Castings Foundry in Nagpur from its existing owner Hindusthan Udyog (Promoter Company) on a 'going concern basis' for a lumpsum consideration of Rs 33.64 crore to be paid in cash. The acquisition would enable the company in its backward integration for manufacture of pumps. The board of directors at their meeting held on July 14, 2017 has approved for the same.
WPIL is mainly engaged in the manufacturing of vertical pumps, horizontal pumps, grey iron, castings and sluice valves. The company now offers system engineering and complete solutions to all kinds of water and waste water handling and transportation needs.
| Company Name | CMP |
|---|---|
| Kirloskar Brothers | 1733.25 |
| KSB | 873.90 |
| Shakti Pumps (I) | 549.90 |
| Elgi Equipments | 558.95 |
| Kirloskar Pneumatic | 1558.20 |
| View more.. | |
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