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Water management firm VA Tech Wabag has secured a ₹3,200 crore order for a 200 MLD sewage treatment plant in Riyadh. The stock surged 94% in a year but declined 21% in three months. The deal strengthens its regional presence.
VA Tech Wabag, a small-cap water management company, has secured a ₹3,200 crore order in Saudi Arabia for an independent sewage treatment plant in Riyadh. The project, valued at $371 million (₹3,251 crore), marks the company’s second major contract in Saudi Arabia this year. The new order further cements its position as a leading player in the region. Despite the stock experiencing short-term declines, its performance over the past year has been impressive, almost doubling investors’ wealth.
Also read: Hitachi Energy India Secures LoI for HVDC Project, Strengthening Order Book
Order Details: The contract is for a 200 MLD sewage treatment plant in Riyadh.
Consortium Partners: The EPC consortium includes VA Tech Wabag and MGC.
Company’s Role: Wabag will handle the plant’s design and construction, while MGC will build the transmission pipeline and reservoir.
Stock Performance: The stock rose 94% in a year but declined 21% in the last three months.
Regional Expansion: This is the second order in Saudi Arabia in 2025, strengthening its presence.
Also read: BHEL Secures LoI for BF800 HVDC Project, Bags Rs.8,000 Crore Order
The company has a strong track record in executing similar projects, particularly in the Middle East. With this contract, VA Tech Wabag is expected to enhance its market share in the water management sector. However, its stock has recently witnessed short-term volatility. On Friday (February 7), VA Tech Wabag share price closed nearly 2% lower at ₹1,366. Despite this dip, its long-term performance remains strong, with the stock gaining fourfold in the past three years.
Timeframe | Stock Performance |
1 Year | +94% |
3 Years | 4x Growth |
3 Months | -21% |
Year-to-Date | -17% |
Investors remain keen on VA Tech Wabag share price movement as the company continues to secure high-value orders. With its proven expertise in water management and project execution, the latest order in Saudi Arabia reinforces its growth trajectory. Despite recent stock pressure, the long-term outlook remains positive, given its expanding global footprint.
Also read: Bharat Electronics Secures Rs.962 Crore Orders, Strengthening Defence Ties
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