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VA Tech Wabag gains on bagging order worth $40 million in Tanzania

10 Jan 2014 Evaluate

VA Tech Wabag is currently trading at Rs 562.00, up by 9.80 points or 1.77% from its previous closing of Rs 552.20 on the BSE.

The scrip opened at Rs 562.00 and has touched a high and low of Rs 562.00 and Rs 560.00 respectively.

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 380.65 on 30-Jul-2013.

Last one week high and low of the scrip stood at Rs 567.80 and Rs 545.50 respectively. The current market cap of the company is Rs 1,492.00 crore.

The promoters holding in the company stood at 30.91% while Institutions and Non-Institutions held 50.03% and 19.07% respectively.

VA Tech Wabag, a leading multinational company specialized in water and waste water management, has bagged it’s first ever order in Tanzania. The project is funded by EXIM Bank of India under the Indian line of credit.

The project is a Design and Build Contract from Dar Es Salaam Water & Sewerage Authority (DAWASA) for a value of $40 million. The scope of the work comprises building of 130 MLD Upper Ruvu Water Treatment Plant in The United Republic of Tanzania.

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

1490.10 2.05 (0.14%)
22-Apr-2026 14:40 View Price Chart
Peers
Company Name CMP
VA Tech Wabag 1490.10
ION Exchage 409.80
Race Eco Chain 127.85
RESGEN 61.50
GEM Enviro 48.00
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