VA Tech Wabag Shares. This energy company gave a strong return of 800% to the investors in the last 5 years.

In the Field of Green Energy, This Company Gave More Than 800% Profit to Investors With the Announcement of New Orders

VA Tech Wabag Ltd has recently secured new orders worth ₹1,000 crore for solar projects, resulting in an impressive surge of over 4% in its share price. With this new contract, the company’s shares have achieved a 52-week high. The awarded project will be executed by Indosol Solar Pvt Ltd, with a completion timeline of 38 months.

VA Tech Wabag is tasked with the design, installation, and 15-year operation and maintenance of the solar panels under this project. Additionally, on October 10, the company won another significant contract from Reliance Industries valued between ₹300-₹500 crore.

Company’s Stock Market Performance

This year, VA Tech Wabag has shown outstanding performance in the stock market, with shares soaring by 158% so far. Investors have benefited from returns exceeding 100% over the past six months, significantly outperforming market averages. Currently, shares opened at ₹1,680 on the BSE and peaked at ₹1,743.85, marking a new high.

Declaration of Bonus Shares

In 2015, VA Tech Wabag issued bonus shares, rewarding investors with one additional share for each held. This strategic move, along with a ₹4 per share dividend earlier this year, has provided substantial benefits to shareholders, enhancing the company’s appeal in the market.