Va Tech Wabag News and Updates

Name: Latest research reports of Va Tech Wabag Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Va Tech Wabag Ltd.
Rating: 5
Author: ICICI Securities Limited

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Va Tech Wabag Ltd.

06 Sep 2022

1293.60

0.58%

Va Tech Wabag: More re-rating on the cards

Moneycontrol

Valuation still offers potential for upside

Va Tech Wabag Ltd. has an average target of 1862.83 from 6 brokers.

Va Tech Wabag Ltd.

17 Aug 2022

1293.60

0.58%

Buy Va Tech Wabag; target of Rs 333: Sharekhan

Moneycontrol

Sharekhan is bullish on Va Tech Wabag has recommended buy rating on the stock with a target price of Rs 333 in its research report dated August 12, 2022.

Va Tech Wabag Ltd. is trading below all available SMAs

Va Tech Wabag Ltd.

16 Aug 2022

1293.60

0.58%

Muted execution, stable growth outlook

Buy: Va Tech Wabag Ltd.

ICICI Securities Limited

VA Tech Wabag’s (VA Tech) Q1FY23 revenue declined 4% YoY to Rs6.3bn due to 13% and 2% YoY decline in O&M and EPC revenues, respectively.

Va Tech Wabag Ltd. is trading below all available SMAs

Va Tech Wabag Ltd.

10 Aug 2022

1293.60

0.58%

to see Rapid results content

Va Tech Wabag Ltd.

04 Jul 2022

1293.60

0.58%

WABAG bags repeatdesalinationorder worth 430 cr from Reliance

Business Line

The new EPC order includes design, engineering, procurement, supply, construction, erection, pre-commissioning, commissioning and performance guarantee test run of the seawater reverse osmosis plant

Va Tech Wabag Ltd. has an average target of 1862.83 from 6 brokers.

Va Tech Wabag Ltd.

04 Jun 2022

1293.60

0.58%

VA TECH WABAG bags order worth 146 million in Senegal

Business Line

The project is to be executed by WABAG in consortium with Toyota Tsusho Corporation, Japan and Eiffage Gnie Civil, France

Va Tech Wabag Ltd. is trading below all available SMAs

Va Tech Wabag Ltd.

01 Jun 2022

1293.60

0.58%

Muted execution, stable growth outlook

Buy: Va Tech Wabag Ltd.

Recommendation Target

ICICI Securities Limited

VA Tech Wabag’s (VA Tech) revenues declined 10.7% YoY to Rs8.9bn due to 10% YoY decline in EPC revenues in Q4FY22. Gross margin expanded 340bps YoY to 23.4%. However, higher overhead costs limited EBITDA margin expansion to 40bps at 8%.