Page 2 - Va Tech Wabag

VA Tech WABAG bags Rs 2,700 cr Saudi's sea water desalination plant order

Water treatment player VA Tech WABAG has secured an order from Saudi Water Authority worth USD 317 million (Rs 2,700 crore) for setting up a Mega Sea Water Desalination plant in Saudi Arabia, the company said on Friday. The Engineering, Procurement, Construction and Commissioning (EPCC) contract including design and supply of the 300 million litres per day mega desalination plant which would be developed on a greenfield site in the west coast of Kingdom of Saudi Arabia. The Saudi Water Authority, formally known as the Saline Water Conversion Corporation, is responsible for regulating and monitoring water sector business and services to enhance water sustainability and achieve the objectives of Saudi Arabia's Vision 2030. The project is expected to be completed in 30 months and the plant would operate Dual Media Filters followed by a two-pass Reverse Osmosis process and re-mineralisation to produce clean potable water. The plant would be built with the state-of-the-art desalination

VA Tech Wabag shares soar 8% after large order win worth Rs 2,700 cr

VA Tech Wabag share price scaled water supply and management company announced a large order win worth Rs 2,700 crores

This Rekha Jhunjhunwala-owned stock zoomed over 100% since November

The stock hit a new high after a gap of over nine years, on Monday. It surpassed its previous high of Rs 972.50 on March 17, 2015

VA Tech Wabag rallies 9% after it bags new order worth Rs 4,400 crore

As of December 31, 2022, VA Tech Wabag has an order book of over Rs 10,000 crore, that includes framework contracts, with 3 times revenue visibility

VA Tech Wabag rallies 7%, hits 3-month high on strong growth outlook

The company has won a design, build and operate (DBO) order in Bangladesh worth Rs 800 crore, fully funded by World Bank & AIIB

VA Tech Wabag surges 12%, hits 52-week high on order win worth Rs 260 crore

The company has secured industrial waste water treatment order in Romania worth about Rs 260 crore (30 million euros)

VA Tech Wabag surges 10% in two days, nears 52-week high on stable outlook

The company has strong revenue visibility with an outstanding order book as on 30 September 2022 of about Rs 9,200 crore (FYE22: RS 9,800 crore), which is around 3x of its annual revenue of FY22.

Va Tech Wabag surges 16% on strong order book of over Rs 10,000 crore

The company said international and industrial orders are expected to keep the momentum intact, going forward.

Confident of keeping the momentum in fourth quarter: VA Tech WABAG

: Water treatment player VA Tech WABAG Ltd was confident of keeping the momentum in the fourth quarter and continue to yield profitable growth, a top official said on Friday.

Stocks to watch: Airtel, RBL Bank, Tata Motors, VA Tech Wabag, Dabur, NCC

Tata Sons arm Panatone Finvest picked up an 8 per cent stake in domestic telecom equipment maker Tejas Networks for over Rs 193 crore through an open market transaction

Rekha Jhunjhunwala's investment in this stock doubles in less than 9 months

Shares of VA Tech Wabag hit a 23-month high of Rs 317 after they jumped 3% on the BSE in intra-day trade on Wednesday

Sensex dips 627 pts as investors book profit on last trading day of FY21

The S&P BSE Sensex and Nifty50 have rallied 68 per cent and 70.8 per cent, respectively in FY21

This Rekha Jhunjhuwala-owned stock has rallied 58% so far in February

Ace investor Rakesh Jhunjhunwala's wife Rekha Jhunjhunwala held 5 million shares, or 8.04 per cent stake, in the company, as on December 31, 2020, the shareholding pattern data show

IFC, TCCL and EverSource to back WABAG's hybrid annuity model project

WABAG will execute Engineering, Procurement and Construction (EPC) portion of this project over 24 months followed by O&M of 15 years

VA Tech Wabag soars 7% on allotment of 5 mn shares to Rekha Jhunjhunwala

The board also allotted 1.5 million shares to Basera Home Finance, and 1 million shares to Sushma Anand Jain and Anand Jaikumar Jain on preferential basis

Va Tech Wabag to raise Rs 120 crore; stock declines over 7.5%

The proposed investors include marquee investors and high net worth individuals (HNIs) such as Rekha Rakesh Jhunjhnwala.

WABAG to raise Rs 120 cr from Rekha Rakesh Jhunjhunwala and others

Company says this is the first time it has proposed to raise equity capital since its IPO in 2010

Va Tech Wabag rallies 20% as Co's board to consider fundraising next week

For the quarter ended March 2020, net profit of the company came in at Rs 30.47 crore, down 25.2 per cent against Rs 40.77 crore in the year-ago period.

VA Tech Wabag hits 5% upper circuit on Rs 90 crore order win from Bahrain

In another news, rating agency ICRA on Tuesday revised the long-term fund-based facilities of the company to [ICRA]A(Negative) from [ICRA]A+(Negative)

VA Tech Wabag up 6% on securing order worth Rs 1,187 cr under Namami Gange

The project comprises of a design, build and operate (DBO) scope worth Rs 940 crore and hybrid annuity scope worth around Rs 247 crore, it added.