VA Tech Wabag is currently trading at RS. 1620.80, up by 28.45 points or 1.79% from its previous closing of RS. 1592.35 on the BSE.

The stock opened at RS. 1635.50 and touched a high of RS. 1670.50 and a low of RS. 1616.00 during the session. So far, 25,359 shares have been traded on the counter.

A BSE Group 'A' stock with a face value of RS. 2, VA Tech Wabag hit a 52-week high of RS. 1943.95 on December 9, 2024, and a 52-week low of RS. 1109.35 on January 28, 2025. Over the past week, the scrip recorded a high of RS. 1670.50 and a low of RS. 1461.95. The company's current market capitalization stands at RS. 10,316.60 crore.

The promoter holding in the company is 19.13%, while institutional and non-institutional investors hold 21.61% and 59.27% respectively.

In a significant development, VA Tech Wabag has been awarded a major Sea Water Reverse Osmosis (SWRO) Desalination Plant project with a capacity of 300 million litres per day (MLD) at Yanbu, Saudi Arabia. The project is valued at approximately RS. 2332 crore (USD 272 million / SAR 1,019 million) and has been awarded by the Saudi Water Authority (SWA).

The project will include the design, engineering, supply, construction, and commissioning of the plant on a greenfield site along Saudi Arabia’s west coast. The company has received the Letter of Award and will soon begin the contracting formalities.

VA Tech Wabag is an India-based company specializing in water treatment and purification solutions.