English
Specials
    Upgrade
    MoneycontrolBe a PRO
    Moneycontrol PRO
    UPCOMING EVENT: Tune into watch a landmark event in India’s quest for sustainability, 5.30 pm onwards. Click here.
    you are here: HomeNewsBusinessMoneycontrol Research

    Va Tech Wabag: Back in the reckoning

    The stock valuation of Va Tech Wabag is quite attractive, considering the strong revenue visibility and turnaround in the business

    Jitendra Kumar Gupta
    December 31, 2020 / 12:00 PM IST
    Va Tech Wabag: Back in the reckoning

    Image: wikimedia commons

    PRO Only Highlights
    -      Quarterly performance largely backed by improved realisations
    -      Medium-term triggers China plus and protectionist measures for tyre industry
    -      Valuations not inexpensive; but improved medium-term outlook

     Highlights - Entry of marquee investor lends more confidence - Improving execution, higher utilisation lift earnings - Strong order book provides good revenue visibility - Lower debt, control over working capital and fund raising strengthen balance sheet - Stock trading attractively at 8 times fiscal 2022 estimated earnings Among the stocks where Rakesh Jhunjhunwala has increased his stake significantly by the end of September quarter, Va Tech Wabag is on the top. The ace investor holds more than 8 percent stake in the company. Va Tech Wabag,...

    • PRO Panorama

      Moneycontrol Pro Panorama | Broking blues are around the corner

      Mar 29, 2023 / 02:30 PM IST

      In today’s edition of Moneycontrol Pro Panorama: Fall in oil prices add to short position, vibrant domestic auto market brings c...

      Read Now
    • PRO Weekender

      Moneycontrol Pro Weekender: Between the Fed and a hard place

      Mar 11, 2023 / 11:38 AM IST

      The Fed is caught between combating inflation and worries over a financial mishap

      Read Now

    To read the full story, Subscribe to Moneycontrol PRO

    Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

    View Plans

    Already a member? Sign in

    Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

    50% OFF

    What Do You Get

    • Ad free experience

      Experience a non-intrusive navigation and faster response in the ad free mode

    • Sharpest Opinions

      Access to 230+ exclusive stories per month from our editorial and Experts

    • +

      Have a Global edge with access to content from world renowned experts and journalist

    • Actionable Insights

      Access to 40+ weekly investment ideas including 4 daily technical calls

    • Virtual Events

      Exclusive access to live webinars from market experts on trading and investment strategies

    • Newsletters

      Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

    View Offers

    Get upto 50% discount on limited period offers