WABCO India is currently trading at Rs. 1600.10, up by 5.70 points or 0.36% from its previous closing of Rs. 1594.40 on the BSE.
The scrip opened at Rs. 1590.00 and has touched a high and low of Rs. 1600.10 and Rs. 1590.00 respectively. So far 165 shares were traded on the counter.
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. 1615.95 and Rs. 1553.15 respectively. The current market cap of the company is Rs. 2996.88 crore.
The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 12.16% and 12.84% respectively.
WABCO India, a technology leader and tier-one supplier to the global commercial vehicle industry, has inaugurated its Plant 2 at Mahindra World City in Chennai, which was completed through the company’s investment of over Rs 50 crore. The company owns and operates four world-class manufacturing sites located in India.
WABCO’s Plant 2 at Mahindra World City will manufacture leading technologies and innovative products to supply commercial vehicle manufacturers in Germany, Japan, Poland, and the United States, amongst other international markets. The new 2,272 square meter plant will employ 160 people, including 30 engineers.
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.
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