Various government schemes fueling the long-term growth.

VA Tech Wabag - Turning Water Problems Into Business Opportunities: Yes Securities

The Tamil Nadu Chief Minister MK Stalin on Monday kickstarted the work for what is described as Southeast Asia’s largest desalination plant — a 400 MLD desalination plant to be executed by a joint venture led by Va Tech WABAG (WABAG) and Metito Overseas Ltd and Japan International Cooperation Agency…

TN Chief Minister Stalin kicks off work for ₹4,276-crore desalination plant

YES Securities is bullish on VA Tech Wabag has recommended buy rating on the stock with a target price of Rs 636 in its research report dated August 15 2023.

Buy VA Tech Wabag; target of Rs 636: YES Securities

Q1 Review: VA Tech Wabag’s Net Profit Jumps 65% YoY #Q1WithBQ | VA Tech Wabag has reported a stable June quarter.Global Head of Business Development Rajneesh Chopra talks about the company’s future plans. #BQLive #Q1WithBQ | VA Tech Wabag has reported a stable June quarter.

Q1 Review: VA Tech Wabag’s Net Profit Jumps 65% YoY

“As far as the top line is concerned, definitely there will be growth compared to last year. That is quite evident from the order backlog, which we are carrying, which is at a historic high. As far as new orders are concerned, our order intake will be more than what we are going to execute this year…

VA Tech Wabag CEO confident of close to double digit EBITDA margins for FY24

VA Tech WABAG reports 67% PAT increase in Q1 FY24; total order book size of over ₹12,500 crore. Standalone PAT grew 84% to ₹47 crore, revenue at ₹509 crore. Company expanding services to new locations, strong execution track record of 1,450 plants since 1995. Total assets worth ₹4,089 crore.

Va Tech WABAG’s Q1 PAT grows 67% at ₹50 crore

Wabag has an order intake of ₹7.3 billion and a robust order book position of more than ₹125 billion, including framework contracts

Va Tech Wabag Q1 net profit surges 84%

ICICI Securities is bullish on VA Tech Wabag recommended buy rating on the stock with a target price of Rs 612 in its research report dated July 18, 2023.

Buy VA Tech Wabag; target of Rs 612: ICICI Securities

Ordering opportunity in the water segment is likely to remain strong.

VA Tech Wabag - Strong Accretion Of Orders In FY23; Margins To See Uptick: ICICI Securities

Catering to future water demands of Navi Mumbai

Va Tech Wabag secures ₹420-cr. order from CIDCO Maharashtra

Multibagger stock: VA Tech Wabag shares rose Rs 4.91% to Rs 503.2 against the previous close of Rs 479.65 on BSE today. VA Tech Wabag stock opened higher at at Rs 48.05 today.

Multibagger small cap stock hits 52-week high on Rs 420-crore order; check details

Price return has been average, nothing exciting

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