Introduction:
Leading wastewater management company has secured orders worth ₹360 crore from GAIL and IOCL. The contracts include designing, building, and operating an Effluent Recycle and Zero Liquid Discharge (ZLD) plant, along with an O&M contract for an industrial water treatment facility.
Share price movement of VA TECH WABAG:
On March 13, 2025, VA Tech Wabag Ltd opened at ₹1,355.35, up 2.42% from its previous close of ₹1,323.35. The stock reached a high of ₹1,355.35 (2.42%) and a low of ₹1,325.00. By 9:55 AM, it traded at ₹1,333.60, a 0.77% increase, with a market cap of ₹8,293.72 crore.
WABAG Secures ₹360 Crore Orders from GAIL and IOCL:
VA TECH WABAG has secured orders worth ₹360 crore, strengthening its presence in industrial water treatment. The ₹340 crore contract from GAIL involves designing, building, and operating an Effluent Recycle and Zero Liquid Discharge (ZLD) plant at its petrochemical complex in Pata, Uttar Pradesh.
The project, supervised by PDIL, includes a 450 cum/hr UF & RO-based system and wastewater treatment augmentation. It will be completed within 24 months, followed by six months of operation and maintenance. The recovered water will be used for cooling tower makeup, enhancing sustainability.
Additionally, WABAG secured a ₹20 crore order from IOCL for O&M of the TTRO plant at Panipat Refinery, continuing its management since 2006. This plant, designed and built by WABAG, is India’s first industrial water recycling facility in the oil and gas sector.
Recent news on VA TECH WABAG:
As of January 29, 2025, VA Tech Wabag Ltd secured a $14 million (₹121 crore) order from BAPCO Refining for a seven-year O&M contract of an advanced Industrial Wastewater Treatment Plant in Bahrain, utilizing Membrane Bioreactor (MBR) technology.
Ace investor holding in VA TECH WABAG:
Rekha Jhunjhunwala
Rekha Jhunjhunwala holds 5,000,000 shares, an 8.04% stake in VA Tech Wabag Ltd, valued at ₹669.2 crore. Her significant investment highlights confidence in the company’s growth prospects within the industrial and municipal water treatment sector.
Stock performance of VA TECH WABAG for Period of 1 week, 6 months, and 1 year:
VA Tech Wabag Ltd saw a 1.93% decline over the past week and a 5.62% drop in six months. However, the stock delivered an impressive 101% return over the past year, highlighting strong long-term growth in the water treatment sector.
Also Read: Recycling stock jumps after it receives order worth ₹5.3 Cr from UAE based company
Shareholding pattern of VA TECH WABAG:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 19% | 19% | 19.10% |
| FII | 18.90% | 14.70% | 11.50% |
| DII | 2.00% | 3.60% | 5.00% |
| Public | 60.00% | 62.60% | 64.40% |
About VA TECH WABAG:
VA Tech Wabag Ltd (NSE: WABAG) is a global water technology leader, providing sustainable solutions for municipal and industrial sectors. With over a century of expertise, it has built 1,500+ treatment plants and operates in 25+ countries worldwide.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
