Va Tech Wabag shares surge over 4%, hit 52-week high on Rs 1,000 crore order win

Shares of Va Tech Wabag rose 4.4% to a new 52-week high of Rs 1,743.8 on Tuesday after the company secured a Rs 1,000 crore order for a 100 MLD Sea Water Desalination Plant from Indosol Solar Private Limited for their solar PV manufacturing facility in Andhra Pradesh. The order encompasses the engineering procurement (EP) scope, which includes design, engineering, supply, installation, testing, and commissioning of the desalination plant.