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VA Tech Wabag is currently trading at Rs. 890.00, up by 24.55 points or 2.84% from its previous closing of Rs. 865.45 on the BSE.

The scrip opened at Rs. 882.80 and has touched a high and low of Rs. 895.30 and Rs. 871.90 respectively. So far 885 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1030.00 on 25-Apr-2024 and a 52 week low of Rs. 389.15 on 22-May-2023.

Last one week high and low of the scrip stood at Rs. 963.35 and Rs. 853.35 respectively. The current market cap of the company is Rs. 5382.27 crore.

The promoters holding in the company stood at 19.13%, while Institutions and Non-Institutions held 18.08% and 62.80% respectively.

VA Tech Wabag has secured a repeat order of about $49 Million from Kathmandu Upatyaka Khanepani (KUKL), funded by Asian Development Bank (ADB). The order entails Design, Build, Operate (DBO), towards three Waste Water Treatment Plants (WWTP) in Nepal at Sallaghari, Kodku and Dhobighat to treat about 69 MLD of Waste Water, and is expected to be completed over a period of 24 months, followed by a 5 year operation and maintenance (O&M).

The company's proven track-record with the client, coupled with a technically superior bid was instrumental in securing this order win against international competition, thereby further strengthening its leadership in the South Asian region.

These plants when complete, will reduce ingression of untreated Waste Water into the Bagmati, Manohara and Hanumante rivers, thereby restoring the water quality and improving the whole eco-system. As part of this project, Green Fuel (Biogas) will be generated through Activated Sludge Treatment, producing Green Energy which will be captively used in operation of the WWTPs, thereby reducing Green House Gas (GHG) emissions and optimising the cost of operations.

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