VA Tech Wabag rises as its consortium wins Rs 594 crore order from CMWSSB

VA Tech Wabag Ltd. | Environmental Services | Miscellaneous | BSE: 533269 | NSE: WABAG

08 Mar 2016 Evaluate

VA Tech Wabag is currently trading at Rs. 455.00, up by 14.45 points or 3.28% from its previous closing f Rs. 440.55 on the BSE.

The scrip opened at Rs. 455.70 and has touched a high and low of Rs. 461.50 and Rs. 454.00 respectively. So far 14,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 970.00 on 17-Mar-2015 and a 52 week low of Rs. 409.30 on 01-Mar-2016.

Last one week high and low of the scrip stood at Rs. 484.60 and Rs. 409.30 respectively. The current market cap of the company is Rs. 2,479.59 crore.

The promoters holding in the company stood at 28.95% while Institutions and Non-Institutions held 52.40% and 18.65% respectively.

VA Tech Wabag in consortium with IDE Technologies has won a Rs 594 crore contract from Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), Chennai, India for Construction and Operation & Maintenance (O&M) of a 45 MLD Tertiary Treatment Plant at Koyambedu, Chennai.

Under the project, CMWSSB, a statutory body responsible for Water Supply and Sewerage Works under Chennai Metropolitan will construct a 45 Million Litres per Day Water Reclamation Plant at Koyambedu, Chennai. The project will adopt a state-of-the-art ultra-filtration and reverse osmosis technology to treat the secondary domestic waste water to provide a consistent quality of water to various industries and the scope includes supply, laying and maintenance of MS Transmission main for conveying this reclaimed water to various industries.

The value of the EPC and O&M portion (for a period of 15 years) of the contract is Rs 396 crore and Rs 198 crore respectively. The consortium will be responsible for execution of the complete plant and transmission pipeline where WABAG would act as the leader.

VA Tech Wabag is a leader in the Indian water technology market and currently holds a market share of around 14 percent. The company has consolidated its’ specialist reputation through a number of innovative and path-breaking projects in the fields of water treatment and wastewater recycling.

VA Tech Wabag Share Price

1477.75 -21.95 (-1.46%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
VA Tech Wabag	1477.75
ION Exchage	419.05
Race Eco Chain	127.40
RESGEN	61.50
GEM Enviro	48.02
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