VA Tech Wabag inches up on incorporating new subsidiary company

09 Apr 2019 Evaluate

VA Tech Wabag is currently trading at Rs. 315.20, up by 1.30 points or 0.41% from its previous closing of Rs. 313.90 on the BSE.

The scrip opened at Rs. 317.95 and has touched a high and low of Rs. 320.05 and Rs. 311.70 respectively. So far 3283 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 541.40 on 20-Apr-2018 and a 52 week low of Rs. 243.45 on 11-Dec-2018.

Last one week high and low of the scrip stood at Rs. 325.40 and Rs. 307.50 respectively. The current market cap of the company is Rs. 1717.28 crore.

The promoters holding in the company stood at 24.68%, while Institutions and Non-Institutions held 29.62% and 45.70% respectively.

VA Tech Wabag has incorporated a new subsidiary company under the name of 'Ganga STP Project’ vide Certificate of Incorporation issued by the Ministry of Corporate Affairs on April 05, 2019.

The company had secured new order from KMDA under National Mission for Clean Ganga. The new company has been incorporated to carry out all types of projects in connection with sewage / sludge / effluent treatment, water treatment / supply including operation and maintenance, integrated water supply schemes and to build, own, operate and maintain all associated infrastructure for operation of water projects.

VA Tech Wabag is an India-based company engaged in the business of water treatment field. The company's principal activities include design, supply, installation, construction and operational management of drinking water, waste water treatment, industrial water treatment and desalination plants.

VA Tech Wabag Share Price

942.90 -2.70 (-0.29%)
03-May-2024 16:01 View Price Chart
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Company Name CMP
VA Tech Wabag 942.90
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Antony Waste Hand 504.60
RESGEN 86.50
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