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New 52-week high: This small-cap stock got approval for Rs 260 crore project! Do you own it?
New 52-week high: This small-cap stock got approval for Rs 260 crore project! Do you own it?

New 52-week high: This small-cap stock got approval for Rs 260 crore project! Do you own it?

This company's shares are currently trading at a PE multiple of 13.5 while the industry PE multiple is 23. This indicates excellent managerial performance.

Kiran Shroff Article rating: 4.5

It also reached a new 52-week high of Rs 375 apiece, after securing an order worth Rs 260 crore.

WABAG secures an 18 Million Euros EP order in Kingisepp, Russia from South Korea Based DL E&C LTD
WABAG secures an 18 Million Euros EP order in Kingisepp, Russia from South Korea Based DL E&C LTD

WABAG secures an 18 Million Euros EP order in Kingisepp, Russia from South Korea Based DL E&C LTD

The project will employ softening, Ultrafiltration and Reverse Osmosis technologies to treat brine water which will be reused as process water in the facility.

Shreya Chaware Article rating: 5.0

VA TECH WABAG (‘WABAG’), a leading pure-play water technology Indian Multinational Group, secured an Engineering and Procurement (‘EP’) order worth about 18 Million Euros (about Rs 149 Crore) from DL E&C CO., LTD., Korea, towards a Water treatment package for the EuroChem Methanol Production facility in Kingisepp, Russia.

 

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