VA Tech Wabag: Beijing Subsidiaray is Liquidated
Published on by Water Network Research, Official research team of The Water Network in Business
VA Tech Wabag Ltd has announced that M/s. Beijing VA Tech Wabag Water Treatment Technology Co. Ltd., the company’s step-down subsidiary is liquidated.
Va Tech Wabag Ltd ended at Rs. 576.55, up by Rs. 12.5 or 2.22% from its previous closing of Rs. 564.05 on the BSE.
The scrip opened at Rs. 568 and touched a high and low of Rs. 583 and Rs. 567 respectively. A total of 50991(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3073.87 crore.
The BSE group 'A' stock of face value Rs. 2 touched a 52 week high of Rs. 833 on 06-Jul-2015 and a 52 week low of Rs. 409.3 on 01-Mar-2016. Last one week high and low of the scrip stood at Rs. 607 and Rs. 562.2 respectively.
The promoters holding in the company stood at 28.94 % while Institutions and Non-Institutions held 52.44 % and 18.61 % respectively.
The stock traded above its 200 DMA.
Source: India Info Line
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