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

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

    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.

    Broker Research
    July 18, 2023 / 18:29 IST
    Buy
       
       
      26 Aug, 2025 12:21
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      ICICI Securities research report on VA Tech Wabag

      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. (source: I-Sec Research) It was the EPC contractor for the country’s largest desalination plant, in Nemmeli, Chennai, for which it is also doing operations and maintenance.

      Outlook

      We introduce FY25 estimates and maintain BUY with revised target price of Rs612 per share.

      For all recommendations report, click here

      Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

      VA Tech Wabag - 18 -07 - 2023 - icis

      Broker Research
      first published: Jul 18, 2023 06:06 pm

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