Multibagger stock: VA Tech Wabag shares rose Rs 4.91% to Rs 503.2 against the previous close of Rs 479.65 on BSE today. VA Tech Wabag stock opened higher at at Rs 48.05 today.
The Board of Directors of VA Tech Wabag Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.
VA TECH WABAG has secured a Design, Build, Operate order, for the 400 Million Litres per Day Sea Water Reverse Osmosis Desalination Project from Chennai Metropolitan Water Supply and Sewerage Board worth about INR 4,400 Crores.
The desalination process will include Lamella Clarifiers, Dissolved Air Flotation System, Gravity Dual Media Filters followed by Reverse Osmosis and Re-mineralization to produce clean drinking water which will be further distributed by CMWSSB to the residents of south Chennai.