VA Tech Wabag secures Bengaluru sewage orders, shares rise
after close1 source ↓written by the desknot a recommendation
- in early trade
- 5%
- valued between
- ₹250 cr
- ₹600 cr
- plant at Byramangala
- 100 MLD
- facility at Bellandur
- 60 MLD
Shares of WABAG surged 5% in early trade, reaching a high of ₹2,098.70 after winning two significant sewage treatment orders from the Bangalore Water Supply and Sewerage Board. The total order size is classified as ‘Large’, valued between ₹250 cr to ₹600 cr.
The projects include a 100 MLD plant at Byramangala and a 60 MLD facility at Bellandur, with construction expected to complete in 36 months followed by seven years of operations and maintenance.
Not investment advice. For informational purposes only.