Rekha Jhunjhunwala portfolio stock VA Tech Wabag jumps 9%: here's what's driving the rally
New Delhi, Sept. 9 -- VA Tech Wabag share price jumped 9% on Wednesday, 9 September, after investors reacted positively to the company's latest order win from Reliance Industries. The water treatment company has secured a 'Medium' contract from RIL for an Effluent Treatment Plant at its Dhirubhai Ambani Green Energy Giga Complex in Jamnagar.
The ETP is scheduled to be completed within 13 months. The plant will incorporate advanced chemical and biological treatment technologies, along with a sludge treatment system using low-temperature drying for efficient sludge management.
For domestic orders, the company classifies orders worth Rs.100 crore to Rs.250 crore as 'Medium', while orders of Rs.250 crore to Rs.600 crore are classified as 'L...
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