New Delhi, Feb. 10 -- Shares of VA Tech Wabag surged over 13 percent in early trading on Monday, February 10, after the company secured a significant order worth Rs.3,251 crore in Saudi Arabia and strong Q3 results for the quarter ended December 2024 (Q3FY25).

VA Tech Wabag announced on Sunday that it had secured a Rs.3,251 crore ($317 million) consortium order for the Al Haer Independent Sewage Treatment Plant (ISTP) in Riyadh, which involves the engineering, procurement, and construction (EPC) of a 200 MLD sewage treatment facility along with connections to outfall delivery infrastructure.

The ISTP is being developed by a consortium comprising Miahona Company (lead), Marafiq, and N.V. Besix S.A. for its off-taker, the Saudi Water Part...