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WABAG
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Recent events
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News
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Corporate Actions
India's VA Tech Wabag gains on $100 mln equity partnership
** VA Tech Wabag VATE.NS jumps 7.8% to 1,491.9 rupees
** Water treatment firm enters into non-binding equity partnership of $100 mln with an investor consortium, including Norfund, for dedicated platform
** Municipal platform to focus on development of capital projects for the municipal sector
** More than 853,000 shares traded, 1.4x its 30-day avg
** Stock up 6% so far this month, on track to snap three month losing streak
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** VA Tech Wabag VATE.NS jumps 7.8% to 1,491.9 rupees
** Water treatment firm enters into non-binding equity partnership of $100 mln with an investor consortium, including Norfund, for dedicated platform
** Municipal platform to focus on development of capital projects for the municipal sector
** More than 853,000 shares traded, 1.4x its 30-day avg
** Stock up 6% so far this month, on track to snap three month losing streak
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
VA Tech Wabag Secures Orders
March 13 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SECURES ORDERS WORTH 3.60 BILLION RUPEES
Source text: ID:nBSE2MfG1Q
Further company coverage: VATE.NS
(([email protected];;))
March 13 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SECURES ORDERS WORTH 3.60 BILLION RUPEES
Source text: ID:nBSE2MfG1Q
Further company coverage: VATE.NS
(([email protected];;))
India's Va Tech Wabag jumps on $371 mln order for sewage treatment plant
** Shares of India's Va Tech Wabag VATE.NS rises 3.2% to 1411 rupees
** Water treatment firm Va Tech and Mutlaq Al-Ghowairi Contracting Co get order worth $371 mln to build a sewage treatment plant in Saudi Arabia
** Trading vols 2.4 mln shares vs 30-day avg 419k shares
** So far in 2025, stock has fallen 14%; 2024 was VATE's fourth straight year of gains
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Va Tech Wabag VATE.NS rises 3.2% to 1411 rupees
** Water treatment firm Va Tech and Mutlaq Al-Ghowairi Contracting Co get order worth $371 mln to build a sewage treatment plant in Saudi Arabia
** Trading vols 2.4 mln shares vs 30-day avg 419k shares
** So far in 2025, stock has fallen 14%; 2024 was VATE's fourth straight year of gains
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Va Tech Wabag Dec-Quarter Consol Net Profit 702 Million Rupees
Feb 7 (Reuters) - Va Tech Wabag Ltd VATE.NS:
DEC-QUARTER CONSOL NET PROFIT 702 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.11 BILLION RUPEES
Source text: ID:nBSE8BWyNd
Further company coverage: VATE.NS
(([email protected];;))
Feb 7 (Reuters) - Va Tech Wabag Ltd VATE.NS:
DEC-QUARTER CONSOL NET PROFIT 702 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.11 BILLION RUPEES
Source text: ID:nBSE8BWyNd
Further company coverage: VATE.NS
(([email protected];;))
Va Tech Wabag Secures 7 Years Operation Contract Order Worth $14 Million
Jan 29 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - SECURES 7 YEARS OPERATION CONTRACT ORDER WORTH $14 MILLION
VA TECH WABAG - ORDER FOR OPERATION OF WASTEWATER PLANT IN BAHRAIN
Source text: [ID:]
Further company coverage: VATE.NS
(([email protected];))
Jan 29 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - SECURES 7 YEARS OPERATION CONTRACT ORDER WORTH $14 MILLION
VA TECH WABAG - ORDER FOR OPERATION OF WASTEWATER PLANT IN BAHRAIN
Source text: [ID:]
Further company coverage: VATE.NS
(([email protected];))
Va Tech Wabag Gets Order Worth 1.45 Bln Rupees
Jan 1 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - GETS ORDER WORTH 1.45 BILLION RUPEES
Source text: [ID:]
Further company coverage: VATE.NS
(([email protected];))
Jan 1 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - GETS ORDER WORTH 1.45 BILLION RUPEES
Source text: [ID:]
Further company coverage: VATE.NS
(([email protected];))
VA Tech Wabag Wins Order
Dec 27 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WINS EURO 78 MILLION ORDER FOR ZAMBIA WASTE WATER PLANTS
Source text: ID:nBSE11cXMN
Further company coverage: VATE.NS
(([email protected];;))
Dec 27 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WINS EURO 78 MILLION ORDER FOR ZAMBIA WASTE WATER PLANTS
Source text: ID:nBSE11cXMN
Further company coverage: VATE.NS
(([email protected];;))
India's VA Tech Wabag slumps after cancellation of 27 bln-rupee order
** Shares of VA Tech Wabag VATE.NS fall 17.2% to 1,561 rupees
** Desalination and water treatment co said order for mega sea water desalination plant in Saudi Arabia has been cancelled
** Order was worth 27 bln rupees ($317 mln)
** Trading vols at 1.6 mln, 4.7x 30-day average
** Day's fall trims YTD gains to ~149%
($1 = 84.9200 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of VA Tech Wabag VATE.NS fall 17.2% to 1,561 rupees
** Desalination and water treatment co said order for mega sea water desalination plant in Saudi Arabia has been cancelled
** Order was worth 27 bln rupees ($317 mln)
** Trading vols at 1.6 mln, 4.7x 30-day average
** Day's fall trims YTD gains to ~149%
($1 = 84.9200 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
Va Tech Wabag Says Tender For Saudi Arabia Sea Water Desalination Plant Stands Cancelled
Dec 17 (Reuters) - Va Tech Wabag Ltd VATE.NS:
TENDER FOR SAUDI ARABIA SEA WATER DESALINATION PLANT WON BY CO STANDS CANCELLED
Source text: [ID:]
Further company coverage: VATE.NS
(([email protected];))
Dec 17 (Reuters) - Va Tech Wabag Ltd VATE.NS:
TENDER FOR SAUDI ARABIA SEA WATER DESALINATION PLANT WON BY CO STANDS CANCELLED
Source text: [ID:]
Further company coverage: VATE.NS
(([email protected];))
India's VA Tech Wabag rises on 10 bln rupee order for desalination plant
** Shares of water treatment services provider VA Tech Wabag VATE.NS rise as much as 4.3% to 1,744.20 rupees, hitting a record high
** Co gets order worth 10 billion rupees (about $119 million) for a sea water desalination plant from Indosol Solar
** VATE on track for fifth straight session of rise, if gains hold; last up 2.5%
** Stock has more than doubled so far this year
** Peer Engineers India ENGI.NS has risen 15% year to date
($1 = 84.0700 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of water treatment services provider VA Tech Wabag VATE.NS rise as much as 4.3% to 1,744.20 rupees, hitting a record high
** Co gets order worth 10 billion rupees (about $119 million) for a sea water desalination plant from Indosol Solar
** VATE on track for fifth straight session of rise, if gains hold; last up 2.5%
** Stock has more than doubled so far this year
** Peer Engineers India ENGI.NS has risen 15% year to date
($1 = 84.0700 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
Va Tech Wabag Gets Repeat Orders From Reliance Industries
Oct 10 (Reuters) - Reliance Industries Ltd RELI.NS:
VA TECH WABAG LTD - SECURES REPEAT ORDERS FROM RELIANCE INDUSTRIES
VA TECH WABAG LTD - ORDER VALUE IN THE RANGE OF 3 BILLION TO 5 BILLION RUPEES
Source text for Eikon: ID:nBSEc7pjnY
Further company coverage: RELI.NS
(([email protected];))
Oct 10 (Reuters) - Reliance Industries Ltd RELI.NS:
VA TECH WABAG LTD - SECURES REPEAT ORDERS FROM RELIANCE INDUSTRIES
VA TECH WABAG LTD - ORDER VALUE IN THE RANGE OF 3 BILLION TO 5 BILLION RUPEES
Source text for Eikon: ID:nBSEc7pjnY
Further company coverage: RELI.NS
(([email protected];))
Va Tech Wabag Says Sole Arbitrator Passed Award In Favor Of Travancore Titanium Products
Sept 16 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SOLE ARBITRATOR PASSED AWARD IN FAVOR OF TRAVANCORE TITANIUM PRODUCTS
SOLE ARBITRATOR ALLOWED CLAIMS FILED BY TTPL FOR 126.7 MILLION RUPEES
SHALL TAKE NECESSARY STEPS TO FILE APPEAL CHALLENGING IMPUGNED AWARD
Source text for Eikon: ID:nBSE8jK1zT
Further company coverage: VATE.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
Sept 16 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SOLE ARBITRATOR PASSED AWARD IN FAVOR OF TRAVANCORE TITANIUM PRODUCTS
SOLE ARBITRATOR ALLOWED CLAIMS FILED BY TTPL FOR 126.7 MILLION RUPEES
SHALL TAKE NECESSARY STEPS TO FILE APPEAL CHALLENGING IMPUGNED AWARD
Source text for Eikon: ID:nBSE8jK1zT
Further company coverage: VATE.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
India's Va Tech, Antony Waste gain on govt's water supply, sanitation plan
** Shares of Va Tech Wabag VATE.NS, Antony Waste Handling ANTO.NS up 4.1% and 1.7%, respectively
** Finance Minister Nirmala Sitharaman announces water supply, sanitation plan for 100 cities in budget speech
** ANTO gained 4.9% to hit record high before paring gains, while VATE climbed as much as 6%
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Va Tech Wabag VATE.NS, Antony Waste Handling ANTO.NS up 4.1% and 1.7%, respectively
** Finance Minister Nirmala Sitharaman announces water supply, sanitation plan for 100 cities in budget speech
** ANTO gained 4.9% to hit record high before paring gains, while VATE climbed as much as 6%
(Reporting by Kashish Tandon in Bengaluru)
Va Tech Wabag Secures 5 Year Contract Of Al Duqm Desalination Plant In Oman
May 28 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WABAG SECURES 5 YEAR OPERATION & MAINTENANCE CONTRACT OF AL DUQM DESALINATION PLANT IN OMAN
ORDER WORTH AROUND 850 MILLION RUPEES
Further company coverage: VATE.NS
(([email protected];))
May 28 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WABAG SECURES 5 YEAR OPERATION & MAINTENANCE CONTRACT OF AL DUQM DESALINATION PLANT IN OMAN
ORDER WORTH AROUND 850 MILLION RUPEES
Further company coverage: VATE.NS
(([email protected];))
India's VA Tech Wabag slumps on Q4 profit fall
** Shares of water treatment services firm VA Tech Wabag VATE.NS down 5% to 946.5 rupees
** Co reports 16% fall in Q4 standalone profit before exceptional items and tax
** It had one-time charge of 2.43 bln rupees in the previous year
** Expenses surged over 7%, rev from ops grew 3%
** Stock on track to log steepest one-day pct fall since Dec
** Over 1.5 mln shares traded, 1.7x the 30-day avg
** Including session's losses, stock up ~51% YTD
($1 = 83.2362 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of water treatment services firm VA Tech Wabag VATE.NS down 5% to 946.5 rupees
** Co reports 16% fall in Q4 standalone profit before exceptional items and tax
** It had one-time charge of 2.43 bln rupees in the previous year
** Expenses surged over 7%, rev from ops grew 3%
** Stock on track to log steepest one-day pct fall since Dec
** Over 1.5 mln shares traded, 1.7x the 30-day avg
** Including session's losses, stock up ~51% YTD
($1 = 83.2362 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
VA Tech Wabag Posts March-Quarter Consol Net Profit Vs Loss Yr Ago
May 21 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG MARCH-QUARTER CONSOL NET PROFIT 724 MILLION RUPEES VERSUS LOSS 1.11 BILLION RUPEES
VA TECH WABAG MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 9.34 BILLION RUPEES VERSUS 9.27 BILLION RUPEES
Source text for Eikon: ID:nBSECZtDz
Further company coverage: VATE.NS
(([email protected];))
May 21 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG MARCH-QUARTER CONSOL NET PROFIT 724 MILLION RUPEES VERSUS LOSS 1.11 BILLION RUPEES
VA TECH WABAG MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 9.34 BILLION RUPEES VERSUS 9.27 BILLION RUPEES
Source text for Eikon: ID:nBSECZtDz
Further company coverage: VATE.NS
(([email protected];))
Va Tech Wabag Wins Adb Funded Dbo Order Worth About USD 49 Million
May 13 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WINS ADB FUNDED DBO ORDER FROM KATHMANDU UPATYAKA KHANEPANI WORTH ABOUT USD 49 MILLION
ORDER FOR THREE WASTEWATER TREATMENT PLANTS IN NEPAL
Further company coverage: VATE.NS
(([email protected];))
May 13 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WINS ADB FUNDED DBO ORDER FROM KATHMANDU UPATYAKA KHANEPANI WORTH ABOUT USD 49 MILLION
ORDER FOR THREE WASTEWATER TREATMENT PLANTS IN NEPAL
Further company coverage: VATE.NS
(([email protected];))
Va Tech Wabag Secures Order Worth $33.5 Mln
Feb 5 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WABAG SECURES ORDER WORTH USD 33.5 MILLION
ORDER FOR INDUSTRIAL WASTEWATER TREATMENT PLANT AT RAS TANURA REFINERY PROJECT, KINGDOM OF SAUDI ARABIA
Source text for Eikon: ID:nBSE8j8lQ5
Further company coverage: VATE.NS
(([email protected];))
Feb 5 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WABAG SECURES ORDER WORTH USD 33.5 MILLION
ORDER FOR INDUSTRIAL WASTEWATER TREATMENT PLANT AT RAS TANURA REFINERY PROJECT, KINGDOM OF SAUDI ARABIA
Source text for Eikon: ID:nBSE8j8lQ5
Further company coverage: VATE.NS
(([email protected];))
India's VA Tech Wabag rises after tie-up for bio-CNG plants
** Shares of water treatment services provider VA Tech Wabag VATE.NS rise 4.7% to 632.95 rupees
** VATE enters and Peak Sustainability Ventures to establish 100 bio-CNG plants at sewage treatment facilities in India, Europe and Africa
** Stock is flat YTD, after rising for four straight years
(Reporting by Rama Venkat in Bengaluru)
** Shares of water treatment services provider VA Tech Wabag VATE.NS rise 4.7% to 632.95 rupees
** VATE enters and Peak Sustainability Ventures to establish 100 bio-CNG plants at sewage treatment facilities in India, Europe and Africa
** Stock is flat YTD, after rising for four straight years
(Reporting by Rama Venkat in Bengaluru)
VA Tech Wabag Says Arbitrator Has Upheld Contention Of Telangana State Power Generation Corp, VA Tech Wabag And Gammon Engineers And Contractors
Nov 8 (Reuters) - Va Tech Wabag Ltd VATE.NS:
ARBITRATOR HAS UPHELD CONTENTION OF TELANGANA STATE POWER GENERATION CORP, VA TECH WABAG AND GAMMON ENGINEERS AND CONTRACTORS
ARBITRATOR HELD THAT CLAIMS FILED BY TECPRO AGAINST TSGENCO WERE REJECTED/DISALLOWED
ARBITRATION PROCEEDINGS AGAINST WABAG AND GAMMON ARE NOT MAINTAINABLE
NO RELIEF HAS BEEN CLAIMED AGAINST WABAG AND GAMMON BY TECPRO
Source text for Eikon: ID:nBSE6KYM0k
Further company coverage: VATE.NS
(([email protected];))
Nov 8 (Reuters) - Va Tech Wabag Ltd VATE.NS:
ARBITRATOR HAS UPHELD CONTENTION OF TELANGANA STATE POWER GENERATION CORP, VA TECH WABAG AND GAMMON ENGINEERS AND CONTRACTORS
ARBITRATOR HELD THAT CLAIMS FILED BY TECPRO AGAINST TSGENCO WERE REJECTED/DISALLOWED
ARBITRATION PROCEEDINGS AGAINST WABAG AND GAMMON ARE NOT MAINTAINABLE
NO RELIEF HAS BEEN CLAIMED AGAINST WABAG AND GAMMON BY TECPRO
Source text for Eikon: ID:nBSE6KYM0k
Further company coverage: VATE.NS
(([email protected];))
India's Va Tech Wabag Sept-Quarter Consol Net Profit Rises
Nov 6 (Reuters) - Va Tech Wabag Ltd VATE.NS:
INDIA'S VA TECH WABAG LTD SEPT-QUARTER CONSOL NET PROFIT 602 MILLION RUPEES VERSUS PROFIT 467 MILLION RUPEES
VA TECH WABAG LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.65 BILLION RUPEES VERSUS 7.5 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: VATE.NS
(([email protected];))
Nov 6 (Reuters) - Va Tech Wabag Ltd VATE.NS:
INDIA'S VA TECH WABAG LTD SEPT-QUARTER CONSOL NET PROFIT 602 MILLION RUPEES VERSUS PROFIT 467 MILLION RUPEES
VA TECH WABAG LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 6.65 BILLION RUPEES VERSUS 7.5 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: VATE.NS
(([email protected];))
VA Tech Wabag Says Final Order Received For Voluntary Liquidation Of Thailand Unit From Revenue Department
Nov 3 (Reuters) - Va Tech Wabag Ltd VATE.NS:
FINAL ORDER RECEIVED FOR VOLUNTARY LIQUIDATION OF THAILAND UNIT FROM REVENUE DEPARTMENT
Source text for Eikon: ID:nBSE8xRCQ1
Further company coverage: VATE.NS
(([email protected];))
Nov 3 (Reuters) - Va Tech Wabag Ltd VATE.NS:
FINAL ORDER RECEIVED FOR VOLUNTARY LIQUIDATION OF THAILAND UNIT FROM REVENUE DEPARTMENT
Source text for Eikon: ID:nBSE8xRCQ1
Further company coverage: VATE.NS
(([email protected];))
Va Tech Wabag Wins Order Worth 215 Million Tunisian Dinars (Approx. EUR 63 Million)
Nov 2 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WABAG WINS AFD AND BEI FUNDED CONSORTIUM ORDER WORTH 215 MILLION TUNISIAN DINARS (APPROX. EUR 63 MILLION)
ORDER FOR A 345 MLD WATER TREATMENT PROJECT FROM SONEDE, TUNISIA
Further company coverage: VATE.NS
(([email protected];))
Nov 2 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WABAG WINS AFD AND BEI FUNDED CONSORTIUM ORDER WORTH 215 MILLION TUNISIAN DINARS (APPROX. EUR 63 MILLION)
ORDER FOR A 345 MLD WATER TREATMENT PROJECT FROM SONEDE, TUNISIA
Further company coverage: VATE.NS
(([email protected];))
VA Tech Wabag Says Pankaj Malhan Resigns As Deputy MD And Group CEO
Oct 18 (Reuters) - Va Tech Wabag Ltd VATE.NS:
PANKAJ MALHAN RESIGNS AS DEPUTY MD AND GROUP CEO
Source text for Eikon: ID:nNSE1kKZjY
Further company coverage: VATE.NS
(([email protected];))
Oct 18 (Reuters) - Va Tech Wabag Ltd VATE.NS:
PANKAJ MALHAN RESIGNS AS DEPUTY MD AND GROUP CEO
Source text for Eikon: ID:nNSE1kKZjY
Further company coverage: VATE.NS
(([email protected];))
India's VA Tech rises on deal to use AI in water treatment plants
** Shares of VA Tech Wabag VATE.NS rise as much as 7.4% to 478.9 rupees, biggest intraday pct gain since May 24
** The water treatment co reported on Monday it partners with Pani Energy to implement applied artificial intelligence (AI) for treatment plant
** Says aims to enhance operational efficiency in treatment plants through platform
** More than 341,722 shares change hands by 09:20 a.m. IST vs 1.2x 30-day avg of 281,650 shares
** Stock currently up 6.6% bumping YTD gains to ~43%
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of VA Tech Wabag VATE.NS rise as much as 7.4% to 478.9 rupees, biggest intraday pct gain since May 24
** The water treatment co reported on Monday it partners with Pani Energy to implement applied artificial intelligence (AI) for treatment plant
** Says aims to enhance operational efficiency in treatment plants through platform
** More than 341,722 shares change hands by 09:20 a.m. IST vs 1.2x 30-day avg of 281,650 shares
** Stock currently up 6.6% bumping YTD gains to ~43%
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Va Tech Wabag To Enhance Operational Efficiency In Treatment Plants Through Pani's Operational Intelligence Platform
Oct 16 (Reuters) - Va Tech Wabag Ltd VATE.NS:
TO ENHANCE OPERATIONAL EFFICIENCY IN TREATMENT PLANTS THROUGH PANI'S OPERATIONAL INTELLIGENCE PLATFORM
Source text for Eikon: ID:nNSE7jsDWb
Further company coverage: VATE.NS
(([email protected];))
Oct 16 (Reuters) - Va Tech Wabag Ltd VATE.NS:
TO ENHANCE OPERATIONAL EFFICIENCY IN TREATMENT PLANTS THROUGH PANI'S OPERATIONAL INTELLIGENCE PLATFORM
Source text for Eikon: ID:nNSE7jsDWb
Further company coverage: VATE.NS
(([email protected];))
India's VA Tech Wabag up on pact with Al Jomaih Energy and Water
** Shares of VA Tech Wabag VATE.NS rise as much as 3.8% to 480 rupees, biggest pct gain since Aug. 23
** Co on Monday reported it entered into a strategic alliance with Al Jomaih Energy and Water
** If trend holds, stock on track for third consecutive session of gains
** More than 316,000 shares change hands by 11:55 a.m. IST vs 30-day avg of 315,940 shares
** Stock up last up 2.9%, bumping YTD gains nearly 44%
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of VA Tech Wabag VATE.NS rise as much as 3.8% to 480 rupees, biggest pct gain since Aug. 23
** Co on Monday reported it entered into a strategic alliance with Al Jomaih Energy and Water
** If trend holds, stock on track for third consecutive session of gains
** More than 316,000 shares change hands by 11:55 a.m. IST vs 30-day avg of 315,940 shares
** Stock up last up 2.9%, bumping YTD gains nearly 44%
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
India's VA Tech Wabag June-Quarter Consol Net Profit Rises
Aug 11 (Reuters) - Va Tech Wabag Ltd VATE.NS:
INDIA'S VA TECH WABAG LTD JUNE-QUARTER CONSOL NET PROFIT 500 MILLION RUPEES VERSUS PROFIT 303 MILLION RUPEES
VA TECH WABAG JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.53 BILLION RUPEES VERSUS 6.32 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: VATE.NS
(([email protected];))
Aug 11 (Reuters) - Va Tech Wabag Ltd VATE.NS:
INDIA'S VA TECH WABAG LTD JUNE-QUARTER CONSOL NET PROFIT 500 MILLION RUPEES VERSUS PROFIT 303 MILLION RUPEES
VA TECH WABAG JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.53 BILLION RUPEES VERSUS 6.32 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: VATE.NS
(([email protected];))
India's VA Tech Wabag hits 5-year high on 4.20 bln rupees order from CIDCO
** Shares of VA Tech Wabag VATE.NS rise as much as 3.81% to a five-year high of 498.25 rupees
** The water technology firm secures an order worth 4.20 bln rupees ($50.88 million) to build a water treatment plant with a capacity of 270 mln litres per day in Raigad nFWN37Y0ZR
** Order received from City and Industrial Development Corporation of Maharashtra (CIDCO)
** Project planned to cater to water demand for Navi Mumbai
** Trading volume is 421,320 shares as of 9:57 a.m. IST, 0.5x the 30-day avg - Refinitiv data
** The relative strength index of VATE is 78, suggesting the stock may be overbought
($1 = 82.5525 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of VA Tech Wabag VATE.NS rise as much as 3.81% to a five-year high of 498.25 rupees
** The water technology firm secures an order worth 4.20 bln rupees ($50.88 million) to build a water treatment plant with a capacity of 270 mln litres per day in Raigad nFWN37Y0ZR
** Order received from City and Industrial Development Corporation of Maharashtra (CIDCO)
** Project planned to cater to water demand for Navi Mumbai
** Trading volume is 421,320 shares as of 9:57 a.m. IST, 0.5x the 30-day avg - Refinitiv data
** The relative strength index of VATE is 78, suggesting the stock may be overbought
($1 = 82.5525 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
India's Va Tech Wabag loses over 7% on reporting loss in March quarter
** Shares of Va Tech Wabag Ltd VATE.NS tumble as much as 7.34% to 389 rupees, steepest intraday pct fall in over 10 months
** Water treatment firm reports consolidated net loss of 1.11 bln rupees in March quarter compared with net profit of 463 mln rupees Y/Y
** Revenue rises 4% Y/Y to 9.27 bln rupees
** Profit falls due to exceptional item of 2.43 bln rupees in March quarter
** Trading volume is 1.04 mln shares as of 11:08 a.m. IST, 1.5x the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Va Tech Wabag Ltd VATE.NS tumble as much as 7.34% to 389 rupees, steepest intraday pct fall in over 10 months
** Water treatment firm reports consolidated net loss of 1.11 bln rupees in March quarter compared with net profit of 463 mln rupees Y/Y
** Revenue rises 4% Y/Y to 9.27 bln rupees
** Profit falls due to exceptional item of 2.43 bln rupees in March quarter
** Trading volume is 1.04 mln shares as of 11:08 a.m. IST, 1.5x the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
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What does VA Tech Wabag do?
VA Tech Wabag Limited, an Indian multinational technology company, specializes in providing sustainable water solutions to industries and municipalities worldwide, making a significant impact in clean water and wastewater infrastructure.
Who are the competitors of VA Tech Wabag?
VA Tech Wabag major competitors are Felix Industries, ION Exchage, Jash Engineering, Chembond Chemicals, Quality RO Industry. Market Cap of VA Tech Wabag is ₹8,494 Crs. While the median market cap of its peers are ₹715 Crs.
Is VA Tech Wabag financially stable compared to its competitors?
VA Tech Wabag seems to be less financially stable compared to its competitors. Altman Z score of VA Tech Wabag is 3.69 and is ranked 6 out of its 6 competitors.
Does VA Tech Wabag pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. VA Tech Wabag latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has VA Tech Wabag allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable
How strong is VA Tech Wabag balance sheet?
Balance sheet of VA Tech Wabag is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of VA Tech Wabag improving?
Yes, profit is increasing. The profit of VA Tech Wabag is ₹272 Crs for TTM, ₹246 Crs for Mar 2024 and ₹13 Crs for Mar 2023.
Is the debt of VA Tech Wabag increasing or decreasing?
Yes, The debt of VA Tech Wabag is increasing. Latest debt of VA Tech Wabag is -₹214.2 Crs as of Sep-24. This is greater than Mar-24 when it was -₹710.2 Crs.
Is VA Tech Wabag stock expensive?
VA Tech Wabag is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of VA Tech Wabag is 31.67, while 3 year average PE is 42.42. Also latest EV/EBITDA of VA Tech Wabag is 21.19 while 3yr average is 12.12.
Has the share price of VA Tech Wabag grown faster than its competition?
VA Tech Wabag has given better returns compared to its competitors. VA Tech Wabag has grown at ~66.13% over the last 3yrs while peers have grown at a median rate of 45.11%
Is the promoter bullish about VA Tech Wabag?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in VA Tech Wabag is 19.13% and last quarter promoter holding is 19.13%.
Are mutual funds buying/selling VA Tech Wabag?
The mutual fund holding of VA Tech Wabag is increasing. The current mutual fund holding in VA Tech Wabag is 2.29% while previous quarter holding is 1.47%.