VA Tech Wabag is currently trading at RS 1413.85, up by 11.70 points or 0.83% from its previous closing of RS 1402.15 on the BSE.
The stock opened at RS 1428.45 and recorded a high of RS 1449.35 and a low of RS 1411.90 so far. A total of 10,458 shares have been traded on the counter till now.
The BSE group ‘A’ stock with a face value of RS 2 has registered a 52-week high of RS 1943.95 (09-Dec-2024) and a 52-week low of RS 1109.35 (28-Jan-2025).
In the last one week, the stock touched a high of RS 1449.35 and a low of RS 1390.05. The company’s current market capitalization stands at RS 8858.24 crore.
As per shareholding data, promoters hold 19.10%, while institutions and non-institutions hold 22.87% and 58.03% respectively.
Boosting investor sentiment, VA Tech Wabag (WABAG) has secured a ‘Large’ repeat order from Melamchi Water Supply Development Board (MWSDB), Nepal. The contract involves design, build and operate (DBO) of the Sundarijal Water Treatment Plant with a capacity of 255 MLD in Kathmandu Valley, funded by the Asian Development Bank (ADB).
A ‘Large’ order falls within the value range of USD 30 million to USD 75 million. The EPC work will be executed over 36 months, followed by 5 years of operation and maintenance.
The new plant, to be constructed next to the existing Melamchi WTP built by WABAG in 2017, will treat water from the Melamchi, Yangri, and Larke rivers, ensuring compliance with Nepal’s National Drinking Water Quality Standards and contributing to water security for Kathmandu’s growing population.
VA Tech Wabag is an India-based company specializing in water treatment solutions.