VA Tech Wabag soars on wining order worth Rs 1,000 crore from Indosol Solar

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

15 Oct 2024 Evaluate

VA Tech Wabag is currently trading at Rs. 1709.00, up by 38.55 points or 2.31% from its previous closing of Rs. 1670.45 on the BSE.

The scrip opened at Rs. 1680.00 and has touched a high and low of Rs. 1743.85 and Rs. 1680.00 respectively. So far 12305 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,743.85 on 15-Oct-2024 and a 52 week low of Rs. 440.05 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 1743.85 and Rs. 1439.25 respectively. The current market cap of the company is Rs. 10671.88 crore.

The promoters holding in the company stood at 19.13%, while Institutions and Non-Institutions held 16.51% and 64.36% respectively.

VA Tech Wabag continues to strengthen its Global Leadership position in the Desalination Segment with this mega order worth Rs 1,000 crore from Indosol Solar. With this order win, Wabag embarks on its journey to provide water security for the Solar PV sector.

This order includes the Engineering Procurement (EP) scope of design, engineering, supply, Installation, Testing and Commissioning of the 100 MLD Desalination Plant which will be executed over a 38-month period, followed by a 15 years Operation and Maintenance (O&M) contract. This plant will be built with the state-of-the-art Desalination technologies, designed for superior energy efficiency and production of water to meet the requirements of the 10 GW integrated Solar PV manufacturing unit of Indosol Solar in Andhra Pradesh.

Wabag is a global leader in the Desalination segment ranking among the top 5 Desalination players globally. Since 1995, WABAG has constructed over 60 desalination plants in 17 countries, for various municipalities and industries, thereby significantly contributing to the cause of water security.

VA Tech Wabag is an India-based company engaged in the business of water treatment field.

VA Tech Wabag Share Price

1482.40 -26.35 (-1.75%)

05-May-2026 14:32 View Price Chart

Peers

Company Name	CMP
VA Tech Wabag	1482.40
ION Exchage	424.00
Race Eco Chain	124.05
RESGEN	61.56
GEM Enviro	45.20
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