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As On 05-Aug-2022 EOD, Market Closed
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  • Va Tech Wabag rises on winning order from RIL

    Va Tech Wabag gained 3.59% to Rs 238.05 after the pure-play water technology firm secured a repeat order worth about Rs 430 crore from Reliance Industries.

    The order received is for engineering, procurement and construction of 53 millions of liter per day (MLD) desalination plant at Jamnagar, Gujarat. The scope of the order inc...The order received is for engineering, procurement and construction of 53 millions of liter per day (MLD) desalination plant at Jamnagar, Gujarat. The scope of the order includes design, engineering, procurement, supply, construction, commissioning and performance guarantee test run of sea water reverse osmosis (SWRO) plant, slated to be built in the premises of Reliance Industries' class refinery at Jamnagar, Gujarat. The company said that it has already executed a 24 MLD SWRO plant in the same premises. The plant which is scheduled to be completed over a 21-month period and will employ pre-treatment in the form of lamella clarification, filtration & ultrafiltration followed by reverse osmosis technologies to convert seawater into process water. S Natrajan, head of sales and marketing of India Cluster said, "RIL has been a Key Account of Wabag for over two decades and we are thankful to them for their continued confidence in us. This order which was won against international competition is yet another significant milestone in Wabag's journey of technology leadership, proficiency in the global water market and excellence in Desalination technology."

    VA Tech Wabag offers a complete range of technologies and services for Total Water Solutions in both municipal and industrial sectors. The company reported 0.5% fall in consolidated net profit to Rs 46.30 crore on a 10.7% decrease in net sales to Rs 891.86 crore in Q4 FY22 over Q4 FY21.



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Flash News 05-Aug-2022
  •  ( 16:19) Pfizer Q1 PAT tanks 83% YoY to Rs 32 cr  
  •  ( 15:49) Indices end near flat line, Nifty settles near 17,400  
  •  ( 15:13) Alkem Lab Q1 PAT slumps 72% YoY to Rs 131 cr  
  •  ( 13:34) Nifty tad above 17,400; European mrkt opens higher  
  •  ( 12:43) LIC Housing posts strong Q1 performance  
  •  ( 12:30) NSE India VIX slips nearly 2%  
  •  ( 12:29) Barometers trade with decent gains  
  •  ( 12:12) Manappuram Finance Q1 PAT drops 35% YoY to Rs 282 cr  
  •  ( 11:42) Adani Enterprises Q1 PAT jumps 73% YoY to Rs 469 cr  
  •  ( 10:43) Britannia Inds Q1 PAT down 13% YoY to Rs 337 cr  
  •  ( 10:36) Nifty above 17,440 mark, RBI hikes key rates  
  •  ( 09:54) Alembic Pharma posts dismal Q1 earnings  
  •  ( 09:34) Indices edge higher, breadth strong  
  •  ( 08:49) Asian stocks trading higher  
  •  ( 08:00) Happiest Minds launches cyber security services for healthcare  
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05 August 2022 00:00
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