VA Tech Wabag rose 0.54% to Rs 514 at 14:52 IST on BSE after two block deals aggregating 1 lakh shares were executed in the counter on BSE at Rs 517 per share at 13:55 IST.
One block deal was of 5,000 shares while another block deal was of 95,000 shares. The block deals constitute 0.37% of VA Tech Wabag's equity.
Meanwhile, the S&P BSE Sensex was up 219.48 points or 1.07% at 20,754.39.
On BSE, 1.01 lakh shares were traded in the counter as against average daily volume of 2,159 shares in the past two weeks.
The stock hit a high of Rs 520 and a low of Rs 514 so far during the day.
VA Tech Wabag's consolidated net profit declined 1.5% to Rs 17.42 crore on 33.9% growth in net sales to Rs 464.55 crore in Q2 September 2013 over Q2 September 2012.
The WABAG Group acts as a systems specialist and full service provider with a focus on the planning, installation and operation of drinking and waste water plants for local government and industry in the growth markets of Asia, North Africa, Middle East, the Central and Eastern Europe states.
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