In this case, Rekha Jhunjhunwala shares have seen a boom recently and have given good profits. Shares of Rekha Jhunjhunwala’s invested company Va Tech Wabag have seen a good rise today.
Wa Tech Wapak stock price is up around 5% during today’s stock trading. At the close of trading, Watech Wapak stock price rose 4.87% to Rs 335. The reason for this boom is the entry of Wa Tech Wabag in Bangladesh.
Watech Wapak has bagged an order worth Rs 800 crore in Bangladesh. Watech Wapak has received an order for renovation and expansion of Bagla Sewage Treatment Plant in Dhaka, Bangladesh.
The project is funded by the World Bank and the Asian Infrastructure Investment Bank. Watech Wapak’s share price rose 5% following the news that it had bagged the contract for the project.
Rekha holds 50 lakh shares in Wa Tech Wabag. Today this share price has increased by Rs 15.55. So today, Rekha Jhunjhunwala’s wealth has increased by Rs 7.7775 crore due to the increase in Wa Tech Wapak shares.