VA Tech Wabag shares jump 5% after bagging mega order worth over Rs 1,000 crore

VA Tech Wabag share price gained over 5% after it secured a major contract from Chennai Metropolitan Water Supply and Sewerage Board. The project involves building a looped transmission network for Greater Chennai City. This initiative aims to create a city-wide water grid for improved supply and resilience. The contract value is around Rs 1,000 crore. Wabag's order book now exceeds Rs 16,300 crore.