WABAG signs Mega Doha SWRO II contract, launches Kuwait entry

Order Above 5pct RevenueExport Order Hard CurrencyBusiness Updates View source PDF Explain this filing

WABAG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹2003.00

prior close

₹2039.00

announcement price

After-mkt

timing

Nifty Microcap 250market-0.4%+1.4% vs market

Other Utilities peers, median of 13sector · industry level-0.3%+1.3% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.3 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.7

10m

-0.2

15m

-0.3

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0-0.4+1.4-0.3+1.3

Next day

+7.8+0.2+7.6+1.3+6.5

+6.0-0.1+6.1+1.3+4.7

+4.1+0.2+3.9+0.6+3.5

-1.4+0.5-2.0+0.4-1.9

+0.6-0.4+1.0-1.3+1.9

+0.6-0.4+1.0+0.1+0.5

15d

+2.6-2.5+5.1-0.8+3.4

+0.6+0.3+0.4-0.9+1.6

-14.6-9.4-5.2-14.9+0.3

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UpDownMarket · Nifty Microcap 250Sector · Other Utilities peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

WABAG signed the contract for the Doha SWRO II Desalination Plant in Kuwait (60 MIGD, about 272 MLD). Originally awarded in June 2026 by Kuwait Ministry of Electricity, Water and Renewable Energy, this Mega-category order marks WABAG first project in Kuwait. Delivery on Design-Build-Operate basis with HEISCO joint venture, 36 months construction plus 5 years O&M. Solar PV will support plant energy needs.

Likely market impact

Boosts order book with a Mega-category international win, strengthens GCC presence, opens Kuwait market for WABAG.