VA Tech Wabag share price gained in the early trade on July 28 following Rs 380 crore contract win from the Bangalore Water Supply and Sewerage Board.
At 09:20am, Va Tech Wabag was quoting at Rs 1,627.60, up Rs 5.50, or 0.34 percent, on the BSE.
".... secured a design, build, operate (DBO) order worth about Rs 380 crore from the Bangalore Water Supply and Sewerage Board (BWSSB) towards design, engineering, construction and commissioning (EPC) of Wastewater Treatment Plants (WWTPs) with tertiary treatment facility, biogas generation, solar sludge drying beds and intermediate pumping stations along with associated piping works, scheduled to be completed over 30 months, followed by 10 years of operation and maintenance (O&M)," company said in its release.
These advanced WWTPs, located at four sites in Bommanahalli under the Karnataka Water Security and Disaster Resilience Program.
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On July 24 the company has been awarded a 300 million litres per day (MLD) sea water reverse osmosis (SWRO) mega desalination plant at Yanbu, in the Kingdom of Saudi Arabia valued at approximately USD 272 million (SAR 1,019 million / Rs 2,332 crore) by the Saudi Water Authority (SWA)," company said in its press reelase.
This project encompasses the scope of design, engineering, supply, construction, and commissioning of a 300 MLD mega desalination plant, to be developed on a greenfield site located along the west coast of the Kingdom of Saudi Arabia.
The share touched a 52-week high of Rs 1,943.95 and a 52-week low of Rs 1,109.35 on 09 December, 2024 and 28 January, 2025, respectively.
Currently, the stock is trading 16.27 percent below its 52-week high and 46.72 percent above its 52-week low.
The market capitalisation of the company stands at Rs 10,126.22 crore.
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