India's VA Tech Wabag rises to 4-mth high after Swiss unit's sale

VA TECH WABAG

17/04/2023 05:51

** Shares of VA Tech Wabag  VATE.NS  rise as much as 4.33%
to 369.85 rupees, highest in four months
    ** Rise comes after water treatment solutions provider sells
step down subsidiary Wabag Switzerland for CHF 4.85 Million
    ** The subsidiary contributed 1.23% of VATE's net worth
during last financial year
    ** Trading volume is 370,499 shares as of 10:16 a.m. IST,
0.9x the 30-day avg of 422,560 shares- Refinitiv data




 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))