VA Tech Wabag shines on securing Rs 1,187 crore order from BUIDCO

23 Jul 2019

VA Tech Wabag is currently trading at Rs. 305.00, up by 13.15 points or 4.51% from its previous closing of Rs. 291.85 on the BSE.

The scrip opened at Rs. 292.00 and has touched a high and low of Rs. 309.30 and Rs. 292.00 respectively. So far 13627 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 413.45 on 30-Aug-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. 310.00 and Rs. 284.00 respectively. The current market cap of the company is Rs. 1596.14 crore.

The promoters holding in the company stood at 24.68%, while Institutions and Non-Institutions held 34.03% and 41.29% respectively.

VA Tech Wabag has secured Rs 1,187 crore worth order from Bihar Urban Infrastructure Development Corporation (BUIDCO) under the prestigious National Mission for Clean Ganga (NMCG) Scheme to develop Sewage Treatment Plants (STP) of 150 MLD capacity along with sewerage network of over 450 km in the Digha and Kankarbagh zones of Patna, one of the most populous cities on the banks of River Ganga.

This project comprises of a Design, Build and Operate (DBO) scope worth Rs 940 crore and Hybrid Annuity scope worth around Rs 247 crore.

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.

Related VA Tech Wabag Ltd. Links:

VA Tech Wabag Share Price

182.65 -1.30 (-0.71%) Oct 30, 18:01
1 Year Price Chart
Company Name CMP
Quess Corp 409.40
Security And Int 371.75
TeamLease Services 2228.10
VA Tech Wabag 182.65
Syngene Internation. 535.05
View more..
Sensex vs VA Tech Wabag
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719