India's VA Tech rises on deal to use AI in water treatment plants

VA TECH WABAG

17/10/2023 05:05

** Shares of VA Tech Wabag  VATE.NS  rise as much as 7.4% to
478.9 rupees, biggest intraday pct gain since May 24
    ** The water treatment co reported on Monday it partners
with Pani Energy to implement applied artificial intelligence
(AI) for treatment plant
    ** Says aims to enhance operational efficiency in treatment
plants through platform
    ** More than 341,722 shares change hands by 09:20 a.m. IST
vs 1.2x 30-day avg of 281,650 shares
    ** Stock currently up 6.6% bumping YTD gains to ~43%


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))