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VA Tech Wabag is currently trading at Rs. 468.60, up by 4.80 points or 1.03% from its previous closing of Rs. 463.80 on the BSE.

The scrip opened at Rs. 466.05 and has touched a high and low of Rs. 470.50 and Rs. 466.05 respectively. So far 54 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 544.80 on 01-Aug-2023 and a 52 week low of Rs. 250.05 on 04-Oct-2022.

Last one week high and low of the scrip stood at Rs. 489.60 and Rs. 454.00 respectively. The current market cap of the company is Rs. 2884.39 crore.

The promoters holding in the company stood at 19.13%, while Institutions and Non-Institutions held 20.22% and 60.65% respectively.

VA Tech Wabag has entered into a Memorandum of Understanding (MoU) with Al Jomaih Energy and Water (AEW), a leading developer of energy and water projects in the Middle East. This MoU was signed during the India-Saudi Investment Forum held on the September 10, 2023 and September 11,2023, on the occasion of the G20 Summit, aiming to explore collaborative opportunities in water project development across Saudi Arabia and the broader Middle East region.

Under this strategic partnership, both WABAG and AEW will cooperate on various aspects, including Engineering, Procurement, and Construction (EPC), project development, and feasibility assessments for potential water projects. This collaboration will leverage the combined expertise of both organizations to tackle the pressing water challenges in the region. AEW will provide critical support related to local market intelligence, business development, and engagement with potential customers, offtakers, regulators, ministries, lenders, and suppliers in the region. WABAG will contribute technical and commercial expertise required for feasibility assessment and project development.

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