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

A visit to India’s desalination ‘capital’

Buy: Va Tech Wabag Ltd.

Target

ICICI Securities Limited

Desalination is gaining foothold in India and VA Tech Wabag (Wabag) has the largest market share in building and operating desalination plants in the country. It was the EPC contractor for the country’s largest desalination plant, in Nemmeli, Chennai, for which it is also doing operations and maintenance.