VA Tech Wabag jumps on incorporating subsidiary company
VA Tech Wabag is currently trading at Rs. 1313.90, up by 29.80 points or 2.32% from its previous closing of Rs. 1284.10 on the BSE.
The scrip opened at Rs. 1309.10 and has touched a high and low of Rs. 1313.90 and Rs. 1281.15 respectively. So far 6509 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1679.00 on 28-May-2025 and a 52 week low of Rs. 1033.95 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 1346.95 and Rs. 1266.60 respectively. The current market cap of the company is Rs. 8185.80 crore.
The promoters holding in the company stood at 19.09%, while Institutions and Non-Institutions held 23.29% and 57.61% respectively.
VA Tech Wabag has incorporated a subsidiary Company namely ‘Ghaziabad Bioenergy’ as a joint venture entity in partnership with PEAK Sustainability Partners LLP (PEAK). The said subsidiary has incorporated to execute the Compressed Bio-Gas (CBG) project on Build-Operate-Transfer (BOT) basis at Dundaheda, Ghaziabad, Uttar Pradesh.
