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VA TECH WABAG (‘WABAG’), a leading pure-play water technology Indian Multinational Group, continues to strengthen its Global Leadership position in the Desalination Segment with this mega order worth INR 1,000 Crores from Indosol Solar Private Limited (‘Indosol Solar’). With this order win, WABAG embarks on its journey to provide water security for the Solar PV sector. This order includes the Engineering Procurement (EP) scope of design, engineering, supply, Install...
WABAG wins Mega order worth INR 1,000 Crores towards a 100 MLD Sea Water Desalination Plant from Indosol Solar for their Solar PV manufacturing facility
VA Tech Wabag is currently trading at Rs. 1709.00, up by 38.55 points or 2.31% from its previous closing of Rs. 1670.45 on the BSE. The scrip opened at Rs. 1680.00 and has touched a high and low of Rs. 1743.85 and Rs. 1680.00 respectively. So far 12305 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,743.85 on 15-Oct-2024 and a 52 week low of Rs. 440.05 on 26-Oct-2023. Last one week high and low of the scrip st...
VA Tech Wabag soars on wining order worth Rs 1,000 crore from Indosol Solar
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 stoo...
VA Tech Wabag soars on securing large repeat orders from Reliance Industries
VA Tech Wabag is currently trading at Rs. 1333.00, up by 42.55 points or 3.30% from its previous closing of Rs. 1290.45 on the BSE. The scrip opened at Rs. 1374.00 and has touched a high and low of Rs. 1390.25 and Rs. 1331.80 respectively. So far 38755 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1420.00 on 20-Aug-2024 and a 52 week low of Rs. 436.35 on 12-Oct-2023. Last one week high and low of the scrip sto...
VA Tech Wabag soars on securing order worth around Rs 2,700 crore from Saudi Water Authority
VA TECH WABAG (‘WABAG’), a leading pure-play water technology Indian Multinational Group, has secured a repeat order worth about INR 415 Crores from the Chennai Metropolitan Water Supply and Sewage Board (CMWSSB) towards Operation & Maintenance of 110 MLD SWRO Desalination Plant at Nemmeli in Chennai for a period of 7 years. Wabag’s initial Operation & Maintenance contract was completed in 2021, after which the contract was extended by the customer and W...
WABAG secures repeat order of INR 415 Crores towards 7 years Operation & Maintenance Contract of 110 MLD SWRO Nemmeli Desalination Plant Chennai
VA Tech Wabag is currently trading at Rs. 1287.60, up by 27.85 points or 2.21% from its previous closing of Rs. 1259.75 on the BSE. The scrip opened at Rs. 1260.00 and has touched a high and low of Rs. 1313.60 and Rs. 1253.10 respectively. So far 15995 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1405.00 on 26-Jul-2024 and a 52 week low of Rs. 436.35 on 12-Oct-2023. Last one week high and low of the scrip sto...
VA Tech Wabag soars on securing repeat order worth about Rs 415 crore
VA TECH WABAG LIMITED, a leading Indian Multinational Technology Company in the water sector announced today its financial results for the quarter ended 30th June 2024. Sales and Profitability * Consolidated Revenue from operations of Rs. 6,265 Mn * Consolidated EBITDA of Rs. 813 Mn; up 23% YoY * Consolidated PAT of Rs. 550 Mn; up by 31% YoY* * Standalone Revenue from operations of Rs. 5,459 Mn * Standalone EBITDA of Rs. 790 Mn; up 22% YoY * Standalone PAT of Rs. 505 Mn; ...
WABAG declares Q1 FY 24 - 25 results Records YoY growth of 10% in PAT and 23% growth in EBITDA with Consolidated Revenue of Rs. 6,265 Million
Water technology major Va Tech Wabag on Tuesday said it has secured an order worth around Rs 85 crore from Nama Water Services in Oman for the operation and maintenance of the Al Duqm desalination plant for five years. Chennai-headquartered Wabag constructed the desalination plant over 10 years ago and was responsible for the operation and maintenance (O&M) until 2018. "In line with our growth strategy, this new order addition in Oman, to our already strong O&...
Water tech major Wabag secures Rs 85 crore order for Oman desalination plant
Water technology major Va Tech Wabag on Tuesday said it has secured an order worth around Rs 85 crore from Nama Water Services in Oman for the operation and maintenance of the Al Duqm desalination plant for five years. Chennai-headquartered Wabag constructed the desalination plant over 10 years ago and was responsible for the operation and maintenance (O&M) until 2018. "In line with our growth strategy, this new order addition in Oman, to our already strong O&...
Water tech major Wabag secures Rs 85 crore order for Oman desalination plant
VA Tech Wabag is currently trading at Rs. 973.55, up by 5.90 points or 0.61% from its previous closing of Rs. 967.65 on the BSE. The scrip opened at Rs. 979.00 and has touched a high and low of Rs. 984.45 and Rs. 972.30 respectively. So far 4432 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. 436.35 on 12-Oct-2023. Last one week high and low of the scrip stood at R...
VA Tech Wabag moves up on securing order worth Rs 85 crore
VA TECH WABAG (‘WABAG’), a leading pure-play water technology Indian Multinational Group, secured a repeat order of about USD 49 Million from Kathmandu Upatyaka Khanepani Limited (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 twenty-four ...
WABAG wins ADB funded DBO order for three Wastewater Treatment Plants in Nepal from Kathmandu Upatyaka Khanepani Limited (KUKL), worth about USD 49 Million
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 R...
VA Tech Wabag shines on securing repeat order from Kathmandu Upatyaka Khanepani
VA Tech Wabag is currently trading at Rs. 943.55, up by 13.40 points or 1.44% from its previous closing of Rs. 930.15 on the BSE. The scrip opened at Rs. 940.00 and has touched a high and low of Rs. 963.35 and Rs. 940.00 respectively. So far 7148 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 ...
VA Tech Wabag rises on securing repeat order from ONAS for Wastewater Treatment Plant at Tunisia
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 R...
VA Tech Wabag surges on securing order worth $33.5 million from SEPCO III
VA Tech Wabag is currently trading at Rs. 627.00, up by 21.00 points or 3.47% from its previous closing of Rs. 606.00 on the BSE. The scrip opened at Rs. 619.90 and has touched a high and low of Rs. 633.05 and Rs. 616.00 respectively. So far 3938 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 675.50 on 16-Jan-2024 and a 52 week low of Rs. 302.80 on 30-Jan-2023. Last one week high and low of the scrip stood at R...
VA Tech Wabag soars on entering into MoU with Peak Sustainability Ventures
Orderbook provides revenue visibility Our view VA Tech Wabag?s (VATW) revenue declined 12.5% YoY to Rs5.5bn on account of higher share of EP projects and delay in commencement of new projects while EBITDAM expanded 8x YoY to 11.9% on account of change in project mix. Order intake was strong at Rs7.3bn during Q1FY24 leading to a robust orderbook of Rs125.1bn (4.3x TTM sales), 58% of which is for EPC contracts. Chennai 400MLD desalination project will start contributing to revenue from 2H...
Buy VA Tech Wabag Ltd for Target Rs. 636 - Yes Securities Ltd
Order book provides visibility... VA Tech Wabag Ltd. is a Chennai-based multinational company specializing in water technology. With its expertise in the turnkey execution and operation of water and wastewater treatment plants, the company primarily serves both municipal and industrial sectors, focusing on providing comprehensive solutions for waterrelated challenges. • In Q2FY24, the revenues declined by 11.4%YoY, owing to lower construction mix and strategic divestments in Europe...
Buy VA Tech Wabag Ltd For Target Rs.684 - Geojit Financial Services Ltd
Water technology major VA TECH WABAG Ltd closed the second quarter of FY24 with a higher standalone net profit of Rs 54.1 crore. According to the company, for the period under review, it earned an operational revenue of Rs 604.1 crore (Q2FY23 Rs 573 crore) and a net profit of Rs 54.1 crore (Q2FY23 Rs 34 crore). Rajiv Mittal, Chairman and Managing Director said: "We continued to deliver profitable growth this quarter as well with our persistent focus on industrial, internation...
VA TECH WABAG logs Rs 54.1 crore PAT for Q2
VA Tech Wabag is currently trading at Rs. 507.00, up by 28.80points or 6.02% from its previous closing of Rs. 478.20 on the BSE. The scrip opened at Rs. 491.50 and has touched a high andlow of Rs. 508.70 and Rs. 491.50 respectively. So far 10880 shares were tradedon the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52week high of Rs. 544.80 on 01-Aug-2023 and a 52 week low of Rs. 262.75 on04-Nov-2022. Last one week high and low of the scrip stood at Rs. 5...
VA Tech Wabag shines on securing consortium DBO repeat order from SONEDE
Turning water problems into business opportunitiesWe interacted with the management of VATW during our recent plant visit of 110MLD Nemmeli Desalination plant and 45MLD Koyambedu TTRO plant. Management reiterated its strategy to a) focus on bagging technology projects with limited construction scope, b) concentrate on design-oriented projects that are margin lucrative, c) building up O&M orderbook in order to bring stability in cash flow and enjoy better margins d) concentrate on industr...
Buy VA Tech Wabag Ltd.For Target Rs.636 - Yes Securities Ltd
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. 454.0...
VA Tech Wabag rises on entering into MoU with Al Jomaih Energy and Water
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