Va Tech Wabag Ltd is engaged in the business of water treatment field. Its principal activities include the design, supply, installation, construction and operational management of drinking water, wastewater treatment, industrial water treatment and desalination plants. Va Tech Wabag is a Small-Cap company with a market capitalisation of Rs 3,163 crore.
As of June 2023, Rekha R Jhunjhunwala, wife of the Late Rakesh Jhunjhunwala, possesses an 8.04 per cent ownership share in the firm. Furthermore, she holds the largest portion of company shares among public shareholders.
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On Friday, shares of the company plunged 1.70 per cent to Rs 508.60 per share with an intraday high of Rs 515.55 and an intraday low of Rs 501.80. The shares of the company have a PE of 11.1x whereas the industry PE is 32.2x.