Small cap company engaged in water supply & management industry, VA Tech Wabag Ltd shares jumped 10.69% to Rs 1342.10 per share on Bombay Stock Exchange (BSE). The steep rise in the VA Tech Wabag shares occurred after the company informed receiving a new order of Rs 121 crore approximately, as per its exchange filing.
Last trading price of VA Tech Wabag stock on BSE is Rs 1342.10 per share. The scrip opened at Rs 1247.90 per share on BSE, touched dayās high of Rs 1353.20 apiece, and dayās low of Rs 1236.70 per share. VA Tech Wabag Ltd shares offered shareholders multibagger returns in last 1-year span with gain of 107.43%. The companyās market capitalisation stood at Rs 8346.58 crore. Check details below:
VA Tech Wabag Ltd Bags New Order
As per the exchange filing of VA Tech Wabag Ltd dated January 29, 2025, āVA Tech Wabag (Wabag), a leading pure-play water technology Multinational Group, continues to expand its presence in the Middle East region and strengthen its leadership in the O&M business, securing an order worth ~USD 14 Million (~INR 121 Crores) from BAPCO Refining B.S.C (BAPCO) towards operation (O&M) of Industrial Wastewater Treatment Plant (IWTP) located in the Kingdom of Bahrain, for a period of 7 years.ā
Commenting on this order win, Mr. Srinivasan K, General Manager – Middle East Regional Headquarters (RHQ), said, āWe are extremely happy to secure this Industrial Wastewater treatment operations order in the Kingdom of Bahrain. We express our gratitude to BAPCO for their trust and confidence in WABAG. This order win is a testament to our technological excellence and our unwavering commitment to delivering world-class water solutions to the oil and gas sector globally.ā
VA Tech Wabag Shares Performance
The 52-week high price of VA Tech Wabag shares on BSE is Rs 1943.95 per share (as on 09/12/2024) and 52-week low price is Rs 647.60 per share (as on 30/01/2024), respectively. VA Tech Wabag shares surged slipped 18.43% in last 1-month, rallied over 1% in last 6-months, and soared 331.96% in last 2-years.
VA Tech Wabag Bonus Shares History
Va Tech Wabag recommended bonus shares once since March 26, 2015. Its last bonus share was declared in the proportion of 1:1 with ex-date set as March 26, 2015.
VA Tech Wabag Dividend History
It announced a total of 8 dividends since June 29, 2011.
About WABAG
With over a century of expertise, WABAG stands as a global leader in water technology, offering innovative and sustainable solutions for both municipal and industrial sectors. As a Pure-Play Indian Water Technology Multinational, WABAG delivers end-to-end water solutions, tailored to meet diverse customer needs across the globe. Backed by a team of over 1,600 water professionals operating in more than 25 countries, WABAG positively impacts millions of lives every day, according to its official website.
Disclaimer
The story highlights order win and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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