VA Tech Wabag shares climbed as much as 3% intraday, hitting a high of Rs 2,064.80, after it bagged a repeat ETP order from Reliance Industries.

The contract covers an effluent treatment plant, or ETP, a facility that cleans up industrial wastewater before it can be reused or safely discharged.

This one will come up at Reliance’s Dhirubhai Ambani Green Energy Giga Complex in Jamnagar.

VA Tech Wabag will handle the full job, from design and engineering to manufacturing, supply, erection and commissioning.

The company places this order in its “medium” bucket, which covers domestic contracts worth between ₹100 crore and ₹250 crore. Work is expected to wrap up in 13 months.

The plant will run on a mix of chemical and biological treatment, along with a low-temperature drying process to manage sludge more efficiently.

Sivakumar V, the company’s senior general manager for sales and marketing in India, said the repeat order shows how much trust RIL continues to place in the company’s work. This isn’t an isolated win.

In August, VA Tech Wabag signed a formal contract for the second stage of the Doha seawater desalination plant in Kuwait, a project worth more than ₹1,000 crore, marking its first major entry into that market.

In July, it had already picked up an order from the Bangalore Water Supply and Sewerage Board for two wastewater treatment facilities.

Taken together, these wins have pushed the company’s order book to an all time high of around ₹19,400 crore as of the end of June.

Its June quarter results were strong too, with consolidated revenue up 21% year on year to ₹886.8 crore and profit after tax rising nearly 37% to ₹90.1 crore.

As of 10:28 am on Monday, the stock was trading at ₹2,018.00 on the NSE, up 0.63% for the day.

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