Va Tech Wabag zooms on bagging orders worth Rs 5,000 crore in FY16

21 Mar 2016 Evaluate

VA Tech Wabag is currently trading at Rs 534.20, up by 25.65 points or 5.04% from its previous closing of Rs. 508.55 on the BSE.

The scrip opened at Rs. 513.00 and has touched a high and low of Rs. 540.95 and Rs. 507.50 respectively. So far 28903 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 918.35 on 19-Mar-2015 and a 52 week low of Rs. 409.30 on 01-Mar-2016.

Last one week high and low of the scrip stood at Rs. 540.95 and Rs. 497.70 respectively. The current market cap of the company is Rs. 2869.24 crore.

The promoters holding in the company stood at 28.95% while Institutions and Non-Institutions held 52.40% and 18.65% respectively.

Va Tech Wabag has bagged record orders worth Rs 5,000 crore in FY 2016. This is the highest ever order intake clocked by the Group in a single financial year.

The Exim Bank of India funded Polgahawela Water Treatment Plant order has been brought into the company's Firm order book, following the signing of the loan agreement between the Water Board of Sri Lanka and Exim Bank of India earlier this month. The order is worth $108 million and is the second order secured from Sri Lanka by the company through Buyers Credit, the first one being the Dambulla order, which is at an advanced stage of completion. The scope includes Design, Construction, Testing and Commissioning of an Integrated Water Supply Scheme for Polgahawela and adjoining areas.

VA Tech Wabag is a leader in the Indian water technology market and currently holds a market share of around 14 percent. The company has consolidated its’ specialist reputation through a number of innovative and path-breaking projects in the fields of water treatment and wastewater recycling.

 

VA Tech Wabag Share Price

1694.70 -7.80 (-0.46%)
22-Nov-2024 16:59 View Price Chart
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Company Name CMP
VA Tech Wabag 1694.70
Race Eco Chain 345.15
Antony Waste Hand 612.25
RESGEN 112.05
GEM Enviro 152.55
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