VA Tech Wabag rises over 2%

The stock of waste water treatment company VA Tech Wabag rose 2.14% to Rs 577.8 on Monday's trad ing. This investors' interest can be attributed to the company's good show in its earnings for the December 2015 quarter.

Net profit grew by 29% to Rs 18.2 crore on a YoY comparison. Also its total income showed growth of 1.7% to Rs 628 crore on a YoY comparison. Due to its order book of Rs 7950 crore analysts continue to be bullish on stock.