India's VA Tech Wabag rises on order win

VA TECH WABAG

20/03/2026 09:28

** Shares of VA Tech Wabag VATE.NS rise almost 3% to 1,235.20 rupees

** Water tech firm secures order from United Water Supply Company of Georgia worth between 2.5 billion rupees ($26.74 million) and 6 billion rupees ($64.18 million)

** Trading volume at 304,423 shares so far vs 30-day avg of 384,191 shares

** Stock rated "strongbuy" on average by 5 analysts, median PT at 1840 rupees- data compiled by LSEG

** YTD, stock down nearly 8%

($1 = 93.4930 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))