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VA Tech Wabag is currently trading at Rs. 329.35, up by 9.60 points or 3.00% from its previous closing of Rs. 319.75 on the BSE.

The scrip opened at Rs. 327.85 and has touched a high and low of Rs. 335.00 and Rs. 327.85 respectively. So far 6188 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 374.90 on 12-Dec-2022 and a 52 week low of Rs. 220.00 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 342.85 and Rs. 312.45 respectively. The current market cap of the company is Rs. 1988.54 crore.

The promoters holding in the company stood at 19.13%, while Institutions and Non-Institutions held 19.39% and 61.47% respectively.

VA Tech Wabag has secured an order worth about Rs 800 crore towards Design, Build and Operate (DBO) for Reconstruction, Expansion and Operation of Pagla Sewage Treatment Plant (STP) with a capacity of 200 million litres per Day (MLD) at Pagla in the City of Dhaka, Bangladesh for Dhaka Water Supply & Sewerage Authority (Dhaka WASA).

The project is funded by Multi-lateral Funding Agencies like World Bank and Asian Infrastructure Investment Bank (AIIB) under Dhaka Sanitation Improvement Project (DSIP). The scope of the project includes Design, Engineering, Supply, Construction, Installation and Commissioning of the 200 MLD STP followed by Operation & Maintenance (O&M) for a period of 60 months. This project has the potential to be expanded to 600 MLD in the future, fuelled by city’s growing needs.

This plant will operate based on Activated Sludge Treatment Process where it uses Green Fuel (Biogas) generated during the waste water treatment process producing Green Energy required for running the plant. This process also meets the Environmental norms and the production of Renewable Energy contributes to cause of combating global climate change.

VA Tech Wabag is an India-based company engaged in the business of water treatment field.