arrow-left

VA Tech Wabag's stock up by more than 6% today

  • India Infoline News Service |
  • 29 Nov, 2022 |
  • 11:03 AM
In intraday trading on Tuesday, VA Tech Wabag rose 6% to Rs 342 on the BSE after rising to 10% over the previous two trading sessions on a steady outlook. The share price of the water supply and management firm was getting closer to the Rs 350.40 52-week high it reached on December 3, 2021.

With an outstanding order book of around Rs 9,200 crore (FYE22: Rs 9,800 crore) as of September 30, 2022, the company has great revenue visibility. This amount is roughly 3 times its annual revenue for FY22. Additionally, the business has a Rs 1,100 crore framework contract.

For feedback and suggestions, write to us at editorial@iifl.com

Invest wise with Expert advice

ad IconAd Image

Most Read News

Article Image
  • 14 March, 2022 |
  • 7:03 AM

The US Federal committee's meeting will conclude on March 16, 2022.

Most Shared News

No Record Found