Archive · 24 Jul 2025
VA Tech Wabag Stock Climbs on Rs 2,332 Crore Saudi Order
VA Tech Wabag, a water treatment company, got a big order worth Rs 2,332 crore from Saudi Arabia.
This caused the company's stock price to jump by almost 5%.
They will build a special plant to turn seawater into clean water.
Rekha Jhunjhunwala, whose late husband was a famous investor, owns a piece of the company.
The stock has grown a lot in the past few years.
This project helps Saudi Arabia's plans for the future.
VA Tech Wabag shares rose nearly 5% after winning a Rs 2,332 crore order in Saudi Arabia.
The order is for a 300 MLD Sea Water Reverse Osmosis desalination plant in Yanbu.
Rekha Jhunjhunwala held an 8.04% stake in the company in June 2025.
The stock has gained over 531% in three years.
The project aligns with Saudi Vision 2030.
- Who
- VA Tech Wabag won the order from the Saudi Water Authority.
- What
- VA Tech Wabag won a Rs 2,332 crore order for a desalination plant.
- When
- Shares rose on Thursday after the announcement.
- Where
- The plant will be located in Yanbu, Saudi Arabia.
- Why
- The project supports Saudi Arabia's Vision 2030.
Investor View
Company View
Stock performance
Investor View
Shares are trading high
Company View
Shares have risen over 500%
- Order Value
- Rs 2,332 crore
- Order Location
- Yanbu, Saudi Arabia
- Plant Type
- Sea Water Reverse Osmosis
- Stakeholder
- Rekha Jhunjhunwala
- Stake Percentage
- 8.04%
- Share price increase
- 5%
- 52 week high
- Rs 1943.45