The company has won a design, build and operate (DBO) order in Bangladesh worth Rs 800 crore, fully funded by World Bank & AIIB

VA Tech Wabag rallies 7%, hits 3-month high on strong growth outlook

Eights stocks namely Va Tech Wabag, Just Dial, Archean Chemical Industries, Nazara Technologies, Venus Pipes & Tubes, The Phoenix Mills, Thermax and IndiaMart InterMesh have seen fresh interest from the various brokerage firms.

Va Tech, Venus Pipes, ACIL, Just Dial, Nazara, Thermax & 2 other stocks see brokerage initiations

Va Tech Wabag has bagged the order for designing, building and operating for reconstruction, expansion and operation of Pagla Sewage Treatment Plant with a capacity of 200 million litres per day.

This Jhunjhunwala stock jumps 5% today; here’s why

VA Tech Wabag, a water technology firm, has won a Rs 800 crore project funded by the World Bank and Asian Infrastructure Investment Bank (AIIB) in Bangladesh. The Chennai-based company will design, build and operate a sewage treatment plant with a capacity of 200 million litre per day(MLD) in Dhaka.

Wabag wins Rs 800 cr World Bank, AIIB funded project in Bangladesh

The project is funded by World Bank and Asian Infrastructure Investment Bank under Dhaka Sanitation Improvement Project.

Va Tech Wabag bags ₹800 cr. order from Dhaka WASA

The share touched a 52-week high of Rs 374.90 on December 12, 2022 and a 52-week low of Rs 220 on June 17, 2022

Va Tech Wabag surges on Rs 800-crore project win

The scope of the project includes design, engineering, supply, construction, installation and commissioning of the plant followed by operation and maintenance for 60 months

VA Tech Wabag gets World Bank funded ₹800-crore order from Bangladesh

The project is funded by multi-lateral funding agencies like World Bank and Asian Infrastructure Investment Bank (AIIB) under Dhaka Sanitation Improvement Project (DSIP).

Va Tech Wabag bags Rs 800-cr order in Bangladesh

Va Tech Wabag Surges 5% on Winning Rs 800 Crore World Bank Funded Order

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The move is part of the business strategy to optimise Va Tech Wabag’s structure and its strategic focus to reduce the company’s exposure to European geographies

Va Tech Wabag sells Czech Republic subsidiary for €1 million

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

VA Tech Wabag Limited is a holding company engaged in design, supply, installation, construction and operational management of drinking water, waste water treatment, industrial water treatment and desalination plants.

Va Tech Wabag Ltd