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VA Tech Wabag is currently trading at Rs. 699.00, up by 38.30 points or 5.80% from its previous closing of Rs. 660.70 on the BSE.

The scrip opened at Rs. 700.05 and has touched a high and low of Rs. 729.00 and Rs. 689.95 respectively. So far 30848 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 729.00 on 5-Feb-2024 and a 52 week low of Rs. 304.55 on 27-Feb-2023.

Last one week high and low of the scrip stood at Rs. 729.00 and Rs. 616.00 respectively. The current market cap of the company is Rs. 4108.92 crore.

The promoters holding in the company stood at 19.13%, while Institutions and Non-Institutions held 18.96% and 61.92% respectively.

VA Tech Wabag has secured an order worth $33.5 million from SEPCO III Electric Power Construction Corporation (‘SEPCO III’) towards Engineering and Procurement (‘EP’) of a 20 MLD Industrial Wastewater Treatment Plant (IWWTP) at Ras Tanura Refinery Complex, Kingdom of Saudi Arabia.

This IWWTP, where Wabag is playing the role of Process and Technology Contractor, is being constructed by SEPCO III and developed by Miahona, a leading PPP developer & operator of water and wastewater projects in the Kingdom of Saudi Arabia for its off-taker Saudi Aramco, one of the world’s largest integrated oil and gas companies.

The EP scope of work under this order includes Design, Engineering, Procurement, Supply and Supervision of Installation & Commissioning of the IWWTP to treat a complex cocktail of effluents from the Desalter Effluent, Tank Farms and other Oily Wastewater sumps in the refinery. This order is scheduled to be completed over a 20-month period, and will employ biological treatment followed by Filtration and Reverse Osmosis technologies to treat the effluent partly towards Reuse in the refinery. The treatment scheme also includes Wet Air Oxidation for treatment of Spent Caustic Effluent.

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