Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
VA Tech Wabag is currently trading at Rs. 430.00, up by 7.80 points or 1.85% from its previous closing of Rs. 422.20 on the BSE.
The scrip opened at Rs. 430.10 and has touched a high and low of Rs. 444.00 and Rs. 430.00 respectively.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 538.00 on 25-Jul-2011 and a 52 week low of Rs. 270.00 on 30-Dec-2011.
Last one week high and low of the scrip stood at Rs. 444.00 and Rs. 413.00 respectively. The current market cap of the company is Rs. 1141.57 crore.
The promoters holding in the company stood at 30.95% while Institutions and Non-Institutions held 47.11% and 21.94% respectively.
VA Tech Wabag, the Chennai-based multinational player in water and waste water management, bagged the contract of setting up Rs 1,000-crore plant for the Chennai Metropolitan Water Supply and Sewerage Board, the public sector water utility. It has to operate and maintain the plant for seven years after contract completion, which represents revenue of about Rs 70 crore a year.
This plant will produce fresh water from sea water. On April 16 it has achieved an important milestone when a km-long, 1.6-metre pipeline was launched into the sea to take in over 300 million liters of sea water a day.
It is the largest desalination plant in India and the largest contract for the company. VA Tech Wabag is teaming up with IDE Technologies of Israel to set up the project funded by the Government of India. The facility is coming up about 50 km south Chennai on the East Coast Road. This is the second desalination plant to supply water to the city with the first in operation at Minjur to the North of Chennai as a private sector project on design-build-own-operate-transfer basis by IVRCL, Hyderabad.
| Company Name | CMP |
|---|---|
| VA Tech Wabag | 980.55 |
| Race Eco Chain | 351.05 |
| Antony Waste Hand | 441.15 |
| RESGEN | 81.50 |
| Eco Recycling | 492.05 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
