VA Tech Wabag jumps on bagging order for desalination plant, remineralization plant from Reliance Industries

VA Tech Wabag is currently trading at Rs. 1797.00, up by 89.55 points or 5.24% from its previous closing of Rs. 1707.45 on the BSE.

The scrip opened at Rs. 1771.80 and has touched a high and low of Rs. 1,797.00 and Rs. 1733.55 respectively. So far 9386 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2320.00 on 11-Sep-2026 and a 52 week low of Rs. 1033.95 on 27-Jan-2026.

Last one week high and low of the scrip stood at Rs. 1876.00 and Rs. 1666.15 respectively. The current market cap of the company is Rs. 11004.49 crore.

The promoters holding in the company stood at 19.03%, while Institutions and Non-Institutions held 24.62% and 56.35% respectively.

VA Tech Wabag has secured an order from Reliance Industries (RIL) towards design, engineering, supply, installation, pre-commissioning, commissioning and performance guarantee test run (PGTR) of a Desalination Plant with a capacity of 8,400 m3/hr, expandable to 12,600 m3/hr (302 MLD) and a 3,000 m3/hr Remineralization Plant at Jamnagar, Gujarat. The company has classified the order as ‘Mega’, which valued more than Rs 1000 crore. The order is to be executed in phases over 25 months.

The proposed Desalination Plant will comprise Lamella Clarifiers, Dissolved Air Flotation Filters (DAFF), an Ultra Filtration (UF) system, along with an associated chemical dosing and backwash systems, followed by Sea Water Reverse Osmosis (SWRO) and Brackish Water Reverse Osmosis (BWRO) Systems with dosing, product water storage and brine outfall pumping systems. The Remineralization Plant will comprise of limestone filters, lime handling system, carbon dioxide storage and dosing system, and storage and pumping system.

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