Va Tech Wabag

After correcting to strong support near ₹1,390, Va Tech Wabag has formed a visible double bottom pattern. PL Capital believes the stock is positioned for a rebound as RSI trends improve. With bullish momentum building, it expects a potential move towards ₹1,900 — an upside of roughly 33% — while ₹1,270 remains the stop level.
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CNBC TV1813-01-2026, 11:21

VA Tech Wabag Secures ₹600 Crore BPCL Order for MP Water Treatment Project

  • VA Tech Wabag won a 'large' domestic order from BPCL for its Bina Refinery and Petrochemical Expansion Project in Madhya Pradesh.
  • The order, valued between ₹250-₹600 crore, involves setting up advanced industrial water treatment facilities.
  • The project includes a Raw Water Treatment Plant (RWTP), a Reverse Osmosis-based Demineralisation Plant (RODMP), and a Zero Liquid Discharge Plant (ZLDP).
  • VA Tech Wabag will execute the project on an EPC basis, covering design, engineering, procurement, construction, installation, testing, and commissioning within 22 months.
  • This win reinforces Wabag's leadership in the Oil & Gas sector and follows recent large orders in Saudi Arabia.

Why It Matters: VA Tech Wabag secured a significant ₹600 crore order from BPCL for a water treatment project in Madhya Pradesh.

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