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WABCO surges on reporting 23% jump in Q1 net profit

25 Jul 2012 Evaluate

WABCO is currently trading at Rs. 1497.90, up by 41.90 points or 2.88% from its previous closing of Rs. 1456.00 on the BSE.

The scrip opened at Rs. 1456.00 and has touched a high and low of Rs. 1497.90 and Rs. 1456.00 respectively.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1797.45 on 20-Apr-2012 and a 52 week low of Rs. 1125.15 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 1497.90 and Rs. 1450.00 respectively. The current market cap of the company is Rs. 2761.68 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 12.04% and 12.96% respectively. 

WABCO (India) has reported results for first quarter ended June 30, 2012.

The company has registered a rise of 22.52% in its net profit at Rs 41.84 crore for the quarter under review as compared to Rs 34.15 crore for the same quarter in the previous year. The total income from operations of the company has increased marginally by 2.28% at Rs 249.29 crore for Q1FY13 as compared Rs 243.81 crore for the corresponding quarter previous year.

Wabco India has pioneered the engineering and manufacture of air-assisted and air brake systems for commercial vehicles in India, and the company continues to expand its technology portfolio offered to manufacturers of trucks, buses and trailers.

ZF Comm Vehic Contr Share Price

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