Va Tech Wabag rose 2.91% to Rs 782.55 at 9:20 IST on BSE after the company said it won orders worth Rs 1000 crore during Q1 June 2015.
The announcement was made after market hours yesterday, 15 July 2015.
Meanwhile, the BSE Sensex was up 121.62 points, or 0.43%, to 28,319.91.
On BSE, so far 2,054 shares were traded in the counter, compared with an average volume of 15,863 shares in the past one quarter.
The stock hit a high of Rs 789 and a low of Rs 778 so far during the day. The stock hit a record high of Rs 970 on 17 March 2015. The stock hit a 52-week low of Rs 617.20 on 28 April 2015.
The stock had outperformed the market over the past one month till 15 July 2015, rising 9.13% compared with 6.06% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 2.58% as against Sensex's 2.09% fall.
The mid-cap company has an equity capital of Rs 10.89 crore. Face value per share is Rs 2.
Va Tech Wabag has guided an order intake in range of Rs 3500 to Rs 3700 crore for the year ending 31 March 2016.
On consolidated basis, VA Tech Wabag's net profit declined 1.2% to Rs 70.50 crore on 1% growth in net sales to Rs 905.72 crore in Q4 March 2015 over Q4 March 2014.
VA Tech Wabag is a leading multinational company specialized in water and waste water management.
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