Chennai-based water treatment and desalination player VA Tech Wabag, on Thursday, said it has bagged fresh orders worth ₹340 crore from GAIL (India) Ltd. and Indian Oil Corporation Ltd. (IOCL).

VA Tech Wabag Ltd were trading 0.88 per cent higher at Rs 1,335 on BSE. The multibagger stock is up 102 per cent in the past one year and 874.45 per cent in the past five years.

Norfund, the Norwegian government’s investment fund focused on sustainable development, is joining a consortium to back a municipal projects platform established by VA Tech Wabag, a water treatment ...