WABAG consortium wins UAE sewage plant order worth USD 30-75 million
WABAG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.4 pts more than its Other Utilities peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
WABAG consortium led by the company has secured a Design and Build contract from Ajman Sewerage in UAE for a 60 MLD Sewage Treatment Plant. Classified as a Large order worth USD 30 to 75 million, the 24-month project includes sludge management, power generation, and odor control systems. This marks WABAG entry into the UAE and strengthens its GCC presence.
New USD 30-75 million international contract signals UAE market entry and reinforces the GCC growth strategy.