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Price Movement Clarification

Va Tech Wabag Price Movement Clarification

VA Tech Wabag clarified news reports regarding potential project wins. The company denied being the lowest bidder for a INR 600 Crore Saudi Arabian project but confirmed its JV is the lowest bidder for a KD 114.28 million Kuwaiti desalination plant, though the official Letter of Award is still awaited.

Source

NSE filing, NSE: WABAG. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Va Tech Wabag Ltd: key numbers

Share price
₹1,812.30
Market cap
₹11,330 Cr
Revenue (annual)
₹3,944 Cr
Net profit (annual)
₹370.5 Cr
P/E (TTM)
28.7×Sector 21.3×
Promoter holding
19.03%-0.05% QoQ
FII holding
18.75%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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08:24 IST BSE
New Order Win

Va Tech Wabag Bags ₹1,000 Cr Order from Reliance Industries Limited

WABAG secured a 'Mega' order from Reliance Industries for a desalination and remineralisation plant at Jamnagar. The order is executed in phases over 25 months, but no rupee value is disclosed.

Value
₹1,000 Cr
From
Reliance Industries Limited (RIL)
Execution
In phases over 25 months
desalination plant capacity
8400.0 m3/hr

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