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VA Tech Wabag soars on securing order worth Rs 520 crore

14 Feb 2019 Evaluate

VA Tech Wabag is currently trading at Rs. 297.80, up by 9.30 points or 3.22% from its previous closing of Rs. 288.50 on the BSE.

The scrip opened at Rs. 288.35 and has touched a high and low of Rs. 298.85 and Rs. 288.35 respectively. So far 12163 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 579.00 on 14-Feb-2018 and a 52 week low of Rs. 243.45 on 11-Dec-2018.

Last one week high and low of the scrip stood at Rs. 299.70 and Rs. 261.00 respectively. The current market cap of the company is Rs. 1634.42 crore.

The promoters holding in the company stood at 24.68%, while Institutions and Non-Institutions held 29.62% and 45.70% respectively.

VA Tech Wabag has secured Rs 520 crore worth order from Jajmau Tannery Effluent Treatment Association (JTETA) towards engineering, construction and operation & maintenance of a 20 MLD Common Effluent Treatment Plant (CETP) for Jajmau Leather Cluster, Uttar Pradesh. The construction of this plant will be funded under the prestigious Namami Gange Scheme.

The scope of this Design and Build contract includes engineering, supply, erection, construction and commissioning of 20 MLD Tertiary Treatment Plant over a period of 24 months. The 2 stage CETP includes pre-treatment for sulphide removal and tertiary treatment using ultra-filtration technology. The scope also includes setting up of a chrome recovery unit, where the chrome recovered will be reused in the tanneries.

VA Tech Wabag is an India-based company engaged in the business of water treatment field. The company's principal activities include design, supply, installation, construction and operational management of drinking water, waste water treatment, industrial water treatment and desalination plants.

VA Tech Wabag Share Price

1488.70 64.20 (4.51%)
21-Apr-2026 12:23 View Price Chart
Peers
Company Name CMP
VA Tech Wabag 1488.70
ION Exchage 400.20
Race Eco Chain 130.30
RESGEN 63.00
GEM Enviro 48.38
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