{"id":123752,"date":"2024-05-07T14:15:16","date_gmt":"2024-05-07T08:45:16","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=123752"},"modified":"2024-05-07T15:12:44","modified_gmt":"2024-05-07T09:42:44","slug":"multibagger-stock-jumps-3-after-company-receives-order-worth-304-93-cr-from-tunisia","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-3-after-company-receives-order-worth-304-93-cr-from-tunisia\/","title":{"rendered":"Multibagger stock jumps 3% after company receives order worth \u20b9 304.93 Cr from Tunisia \u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3338344233\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of this smallcap company jumped upto 3 percent in Tuesday\u2019s trading session after receiving an order in Tunisia worth Rs. 304.93 crores. The shares have delivered a multibagger return of 113 percent to its shareholders in one year.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2176677234\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs. 5,580 crores, the shares of <strong>Va Tech Wabag Ltd<\/strong> started Tuesday\u2019s trading session on a higher note at Rs. 939.75 compared to its previous close of Rs. 930.35. During the trading session, the shares hit a high of Rs. 963.90, gaining around 3 percent and are currently trading at Rs. 900 apiece.\u00a0<\/p><p>Such a bullish movement in the share price was observed after the company in an exchange filing announced that they had won AFD, BEI and EU funded, consortium order from ONAS, worth 114.22 Million Tunisian Dinars (approx. 304.93 crores) for a 36 MLD Wastewater Treatment Plant at Sousse Hamdoun II in Tunisia.&nbsp;<\/p><p>The scope under this order will be Engineering &amp; Procurement (EP) and Operation and Maintenance (O&amp;M), which is worth about half of the consortium order value. This includes the Design, Engineering, Supply, Installation and Commissioning of the plant followed by a One-year O&amp;M phase.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1086831006\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Coming onto the company\u2019s financial statements, the revenue increased by 6 percent from Rs. 665 crores during the September quarter to Rs. 703 crores in the December quarter. In addition, the net profits increased by 5 percent from Rs. 60 crores to Rs. 63 crores during the same period.&nbsp;<\/p><p>The company&#8217;s order book currently amounts to approximately Rs. 12,000 crores, encompassing a well-balanced combination of Engineering, Procurement, and Construction (EPC) as well as Operations and Maintenance (O&amp;M) projects.&nbsp;<\/p><p>Furthermore, Va Tech Wabag is anticipating orders from international regions within the next 4 to 6 months and has submitted bids exceeding 1 billion dollars. Moreover, it is expecting a growth rate in the order book of 10 percent to 15 percent over the 2 years.&nbsp;<\/p><p>Additionally, the company is directing its attention towards the development of green hydrogen, semiconductors, and bio-CNG plants. Further, it aims to concentrate on expanding its presence in the Middle East and Africa to fuel future growth.&nbsp;<\/p><p>According to the BSE data, Mr late Rakesh Jhunjhunwala entered the stock in September 2020. Currently, his portfolio is taken care of by his wife Rekha Rakesh Jhunjhunwala. The Ace investor\u2019s wife holds 50 lakh shares equivalent to 8.04 percent and the current value of the investment is Rs. 449.5 crores.&nbsp;<\/p><p>Headquartered in Chennai, Va Tech Wabag was incorporated in 1995. The company 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.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-3812287769\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By Vaibhav Patil&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2984408821\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of this smallcap company jumped upto 3 percent in Tuesday\u2019s trading session after receiving an order in Tunisia worth Rs. 304.93 crores. The shares have delivered a multibagger return of 113 percent to its shareholders in one year.&nbsp; With a market capitalization of Rs. 5,580 crores, the shares of Va Tech Wabag Ltd started [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":122523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-123752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Multibagger stock jumps 3% after company receives order worth \u20b9 304.93 Cr from Tunisia \u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of this smallcap company jumped upto 3 percent in Tuesday\u2019s trading session after receiving an order in Tunisia worth Rs. 304.93 crores.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-3-after-company-receives-order-worth-304-93-cr-from-tunisia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multibagger stock jumps 3% after company receives order worth \u20b9 304.93 Cr from Tunisia \u00a0\" \/>\n<meta property=\"og:description\" content=\"Shares of this smallcap company jumped upto 3 percent in Tuesday\u2019s trading session after receiving an order in Tunisia worth Rs. 304.93 crores.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-3-after-company-receives-order-worth-304-93-cr-from-tunisia\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-07T08:45:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-07T09:42:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/04\/waste-water-treatment-1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-3-after-company-receives-order-worth-304-93-cr-from-tunisia\/\",\"url\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-3-after-company-receives-order-worth-304-93-cr-from-tunisia\/\",\"name\":\"Multibagger stock jumps 3% after company receives order worth \u20b9 304.93 Cr from Tunisia \u00a0 - 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