Meanwhile, the S&P Sensex was up 99.54 points or 0.34% at 29,685.39. The S&P mid-cap index was down 52.93 points or 0.38% at 13,859.42.

On the BSE, 26,000 shares were traded on the counter so far as against the average daily volumes of 15,310 shares in the past one quarter. The stock had hit a high of Rs 617 and a low of Rs 587 so far during the day.

The stock had hit a 52-week high of Rs 644 on 9 June 2016 and a 52-week low of Rs 449.95 on 23 December 2016. The stock had outperformed the market over the past one month till 16 March 2017, advancing 25.45% compared with the Sensex's 4.54% rise. The scrip had also outperformed the market over the past one quarter advancing 32.11% as against the Sensex's 11.69% rise.

The mid-cap company has equity capital of Rs 10.91 crore. Face value per share is Rs 2.

VA Tech Wabag had rallied 11.16% in the preceding four trading sessions to settle at Rs 620.50 yesterday, 16 March 2017, from its closing of Rs 558.20 on 9 March 2017.

VA Tech Wabag reported consolidated net loss of Rs 2.56 crore in Q3 December 2016, as compared with net profit of Rs 19.22 crore in Q3 December 2015. Net sales rose 16.9% to Rs 713.02 crore in Q3 December 2016 over Q3 December 2015.

VA Tech Wabag is a leading multinational company specialized in water and waste water management.