Shares of WABAG jumped 5% in early trade on Monday, hitting a day high of Rs 2,098.70 after bagging two large Bengaluru sewage orders.

In an exchange filing, WABAG told exchanges it has secured awards from the Bangalore Water Supply and Sewerage Board (BWSSB) to design, build and operate two energy-efficient wastewater treatment facilities in the city.

The first order covers a 100 MLD sewage treatment plant plus a 25 MLD tertiary treatment plant at Byramangala. MLD simply means million litres treated per day.

The second is for a 60 MLD sewage treatment plant at Bellandur. WABAG has classified the combined order size as ‘Large’, its internal band for contracts worth Rs 250 crore to Rs 600 crore.

WABAG will handle the full technology package here, covering process engineering, electrical work, instrumentation and building services, plus running the plants once built.

Construction wraps up in 36 months, followed by seven years of operations and maintenance. The Byramangala facility also carries a tertiary treatment unit using ultrafiltration to clean water further before it flows back into nearby water bodies.

Both plants will run partly on biogas power generated during treatment, a setup meant to cut energy costs and emissions.

There’s history here too. WABAG had earlier executed the first phase of the Bellandur facility and has now been handed the second phase as well.

No related-party angle applies. The company confirmed the promoter group has no interest in BWSSB and the contract was struck at arm’s length. This is the firm’s second large order this month.

WABAG had earlier bagged a similarly sized contract for the Donauinsel Water Works project in Vienna, valued at $30 million to $75 million. At 10:26 am, the stock was trading at Rs 2,070.10 on the NSE, up by 3.97% for the day.

It’s up nearly 40% over the past year and more than 57% so far in 2026, though it still trades below its 52-week high of Rs 2,253.50, hit on 13 July.

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