VA TECH WABAG Share Price Up by 6%; BSE CAPITAL GOODS Index Up 0.2%
August 7, 2020 09:34 AM

VA TECH WABAG share price has zoomed 6% and is presently trading at Rs 128.

Meanwhile, the BSE CAPITAL GOODS Index is at 12,948 (up 0.2%).

Among the top Gainers in the BSE CAPITAL GOODS Index today are VA TECH WABAG (up 5.6%) and HONEYWELL AUTOMATION (up 6.3%).

SKF INDIA and GRAPHITE INDIA (down 0.1%) are among the top losers today.

Over the last one year, VA TECH WABAG has moved down from Rs 269 to Rs 128, registering a loss of Rs 141 (down 52.8%).

On the other hand, the BSE CAPITAL GOODS has moved down from 17,343 to 12,948, loss of 4,395 points (down 25.4%) during the last 12 months.

The top buzzing stocks among the BSE CAPITAL GOODS Index stocks during this same period were HINDUSTAN AERONAUTICS (up 52.2%), HONEYWELL AUTOMATION (up 27.6%) and AIA ENGINEERING (up 5.0%).

What About the Benchmark Indices?

The BSE Sensex is at 37,966 (down 0.4%).

The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 0.9%), BAJAJ FINSERV (up 0.7%) and ONGC (up 0.7%). Other gainers include ASIAN PAINTS (up 0.5%) and NTPC (up 0.4%). The most traded stocks in the BSE Sensex are RELIANCE IND. and INDUSIND BANK.

In the meantime, NSE Nifty is at 11,187 (down 0.3%). The top gainers in the NSE Nifty include UPL (up 1.8%), GAIL (up 1.2%) and HDFC LIFE INSURANCE (up 1.0%). Other gainers include BPCL (up 1.0%) and DR. REDDYS LAB (up 0.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,977 to 37,966, registering a gain of 989 points (up 2.41%).

VA TECH WABAG Financial Update...

VA TECH WABAG net profit stood at Rs 282 million for the quarter ended December 2019, compared to a profit of Rs 121 million a year ago. Net Sales rose 2.6% to Rs 6.8 billion during the period as against Rs 6.6 billion in October-December 2018.

For the year ended March 2019, VA TECH WABAG reported 40.6% decrease in net profit to Rs 859.0 million compared to net profit of Rs 1.4 billion during FY18.

Revenue of the company grew 19.6% to Rs 28 billion during FY19.

The current Price to earnings ratio of VA TECH WABAG, based on rolling 12 month earnings, stands at 8.1x.