VA Tech Wabag shares rise 4% after securing major Bengaluru wastewater treatment order

VA Tech Wabag shares rose 4 percent after the company secured a Large order (Rs 250–600 crore range) from BWSSB for two wastewater treatment projects in Bengaluru: a 100 MLD Sewage Treatment Plant with a 25 MLD Tertiary Treatment Plant at Byramangala, and a 60 MLD STP at Bellandur. The Design, Build and Operate scope covers full technology and O&M packages, with EPC completion targeted in 36 months followed by a seven-year O&M period. The stock has gained around 45 percent over the last three months and trades near its Rs 2,253 fifty-two-week high with a market cap of approximately Rs 12,406 crore.