VA Tech Wabag surges on bagging Rs 325 crore JICA funded project from OWSSB

25 Jun 2013 Evaluate

VA Tech Wabag is currently trading at Rs 464.00, up by 3.10 points or 0.67 % from its previous closing of Rs 460.90 on the BSE.

The scrip opened at Rs 464.05 and has touched a high and low of Rs 464.05 and Rs 464.00 respectively. So far 4 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 589.00 on 11-Jan-2013 and a 52 week low of Rs 423.05 on 13-Jun-2013.

Last one week high and low of the scrip stood at Rs 468.85 and Rs 446.50 respectively. The current market cap of the company is Rs 1224.03 crore.

The promoters holding in the company stood at 30.91% while Institutions and Non-Institutions held 51.27% and 17.82% respectively.

VA Tech Wabag, a leading multinational company specialized in water and waste water management, has bagged an order from Orissa Water Supply and Sewerage Board (OWSSB) for a value of around Rs 325 crore. The scope of project includes construction of Sewage Treatment Plants and Pumping Stations in Bhubaneswar Sewerage Districts VI and Cuttack Sewerage District I and II with O&M for a period of 7 years.

Three independent Sewage Treatment Plants (STPs) are planned at Bhubaneswar SD VI (48 MLD); Cuttack SD I (36 MLD) and Cuttack SD II (16 MLD) aggregating to 100 MLD treatment capacity with provision for future expansion for producing bio-gas from sewage to make plant self-sufficient in terms of power.

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
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.