VA Tech Wabag shares are buzzing after the company bagged a mega desalination project in Saudi Arabia, valued at ₹2,332 crore (USD 272 million / SAR 1,019 million). Project Details: • Client: Saudi Water Authority • Location: Yanbu, West Coast of Saudi Arabia • Capacity: 300 MLD (million litres per day) • Scope: Design, engineering, supply, construction & commissioning • It’s a greenfield project under Saudi Arabia’s Vision 2030 initiative Company’s View: Rohan Mittal, Head of Strategy – GCC, said this is their second win on the same project, showcasing their technical edge and global leadership in desalination. Stock Snapshot: • Last Close: ₹1,592.35 (▲ ₹8.45 / +0.53%) • 52-Week High: ₹1,943.95 (Dec 9, 2024) • 52-Week Low: ₹1,109.35 (Jan 28, 2025) • Current level: 🔻 18.09% below 52-week high 🔼 43.54% above 52-week low • Market Cap: ₹9,906.91 crore With strong order wins and global visibility, Wabag continues to ride high on water infrastructure growth — especially in the desalination space.

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