VA Tech Wabag shines on bagging various orders worth Rs 86.60 crore

12 Sep 2012 Evaluate

VA Tech Wabag is currently trading at Rs. 462.90, up by 7.60 points or 1.67% from its previous closing of Rs. 455.30 on the BSE.

The scrip opened at Rs. 465.00 and has touched a high and low of Rs. 465.00 and Rs. 460.00 respectively.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 525.00 on 25-Jun-2012 and a 52 week low of Rs. 270.00 on 30-Dec-2011.

Last one week high and low of the scrip stood at Rs. 474.00 and Rs. 453.60 respectively. The current market cap of the company is Rs. 1,226.00 crore.

The promoters holding in the company stood at 30.95% while Institutions and Non-Institutions held 47.38% and 21.67% respectively.

VA Tech Wabag, a leading global player in water and waste water management has bagged an aggregate order worth Rs 86.60 crore. The company has bagged first order worth Rs 80 crores from Surat Municipal Corporation for upgrading its existing 120 MLD STP and augmenting it up to 162 MLD.

The scope apart from modifying the existing STP includes, design, construction and commissioning of a new 42 MLD STP and subsequently integrating it with the existing STP. The total EPC portion would comprise of approximately Rs 65 crore and Operations & Maintenance portion would be approximately Rs 15 crore for a period of 5 years.

The company has bagged other O&M orders worth Rs. 6.6 crore. The company has received standalone operation and maintenance contracts from various Municipal and Industrial clients during the second quarter.

VA Tech Wabag is a multinational player in the water treatment industry. It offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services.

VA Tech Wabag Share Price

997.95 16.60 (1.69%)
21-May-2024 16:01 View Price Chart
Peers
Company Name CMP
VA Tech Wabag 997.95
Race Eco Chain 354.00
Antony Waste Hand 476.25
RESGEN 78.50
Eco Recycling 487.55
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