VA Tech Wabag - Healthy Order Book, Strong Execution To Drive Growth: HDFC Securities Initiates Coverage

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .HDFC Securities Retail Research.Va Tech Wabag Ltd. is one of the experienced players with strong presence of more than 25 years engaged in water technology and providing customized water treatment solutions through engineering, procurement, and construction services, operations and maintenance services, research and development, construction and commissioning. The order-book of the company is well diversified in various segments of municipal and industrial projects, with its world-wide presence across various continents. The company recently has won a design-build-operate order in Bangladesh worth Rs 800 crores fully funded by World Bank and AIIB, the scope of which includes design, engineering, supply, construction, installation and commissioning of the 200 million litres per day sewage treatment plant followed by operation and maintenance for a period of 60 months. Wabag is also diversifying its business by entering into Zero Liquid Discharge which is likely to witness steady growth over the years as authorities have tightened discharge monitoring and control..Click on the attachment to read the full report:.Thermax - Strong Long Term Outlook: HDFC Securities Initiates Coverage.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

VA Tech Wabag - Healthy Order Book, Strong Execution To Drive Growth: HDFC Securities Initiates Coverage

We are optimistic on the strong long term outlook and revenue growth in the coming years for Wabag.

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