VA Tech Wabag gains on securing order worth Rs 46.50 crore
VA Tech Wabag is currently trading at Rs. 1603.75, up by 14.25 points or 0.90% from its previous closing of Rs. 1589.50 on the BSE.
The scrip opened at Rs. 1597.95 and has touched a high and low of Rs. 1610.00 and Rs. 1597.20 respectively. So far 2305 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1943.95 on 09-Dec-2024 and a 52 week low of Rs. 1109.35 on 28-Jan-2025.
Last one week high and low of the scrip stood at Rs. 1624.95 and Rs. 1559.55 respectively. The current market cap of the company is Rs. 9895.62 crore.
The promoters holding in the company stood at 19.12%, while Institutions and Non-Institutions held 22.36% and 58.52% respectively.
VA Tech Wabag (WABAG) has secured an order worth Rs 46.50 crore from RenewSys India (RenewSys) to deliver comprehensive water management solutions for RenewSys' 2 GW solar cell manufacturing facility in Hyderabad in the state of Telangana. The scope of work includes the design, engineering, manufacturing, supply, installation and commissioning of an Ultrapure Water (UPW) system, Effluent Treatment Plant (ETP), and a Zero Liquid Discharge (ZLD) system. The order is to be executed within a period of 11 months.
Besides, securing this order, the company is eyeing to capitalize on future opportunities in Solar, Green Hydrogen, Semi-Conductor and other high-growth industrial applications.
VA Tech Wabag is an India-based company engaged in the business of water treatment field.
