VA Tech Wabag rose over 3% today to Rs.517.50 though volumes remain low at less than 5000 shares. Its 52-week high is at Rs.749 and low at Rs.462.
There is another major “mover and shaker” on the bourses; the moment, like Jhunjhunwala, he announces a buy or sell in a stock, there is major price movement.
Porinju Veliyath’s firm Equity Intelligence bought 1,91,200 equity shares or 0.35% in VA Tech through open market purchase.
This has led to the increase in stake of Equity Intelligence group from 25,44,511 equity shares or 4.66% to 27,35,711 equity shares or 5.01%.