VA Tech Wabag soars on securing large repeat orders from Reliance Industries
VA Tech Wabag is currently trading at Rs. 1522.00, up by 52.75 points or 3.59% from its previous closing of Rs. 1469.25 on the BSE.
The scrip opened at Rs. 1499.00 and has touched a high and low of Rs. 1534.65 and Rs. 1498.65 respectively. So far 4318 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1572.50 on 07-Oct-2024 and a 52 week low of Rs. 436.35 on 12-Oct-2023.
Last one week high and low of the scrip stood at Rs. 1572.50 and Rs. 1407.60 respectively. The current market cap of the company is Rs. 9137.33 crore.
The promoters holding in the company stood at 19.13%, while Institutions and Non-Institutions held 16.51% and 64.36% respectively.
VA Tech Wabag (WABAG) has secured large repeat orders from Reliance Industries (RIL) towards Water Treatment System for Dahej and Nagothane facilities. WABAG's excellent track-record with RIL for almost 3 decades and a technically superior & competitive bid ensured this repeat order win, reinforcing WABAG’s leadership in the Industrial water segment.
This order win is a testimony to WABAG’s continued technological superiority and leadership in Water treatment and Recycle for the Oil, Gas and Petrochemical Sector.
VA Tech Wabag is an India-based company engaged in the business of water treatment field.
