DSIJ Mindshare

The stock gave multibagger returns of 836.66 per cent in just 6 months whereas BSE Capital Goods Index rose only 4.75 per cent.  

Indices have closed mixed amid volatility. Nifty closed marginally higher by 15 points near 17,400 while Sensex surged 90 points. Meanwhile, Nifty Midcap and Nifty Smallcap also closed on a mixed note.  

Indices continued their upmove in the last hour of the session while Nifty closed May expiry at 16,170, up by about 0.90 per cent. 

VA Tech Wabag Ltd (WABAG) is engaged in the business of the water treatment field. Its principal activities include design, supply, installation, construction, and operational management of drinking water, wastewater treatment, industrial water treatment & desalination plants.  

Nifty managed to close above 16200 after a sharp sell-off in the last one hour. In the end, the benchmark index closed lower by 0.32 per cent while Sensex lost about 37 points.