ICICI-Direct has issued a management meet note stating that Va Tech Wabag has enticing opportunities in the offing
ICICI-Direct has issued a management meet note stating that Va Tech Wabag has enticing opportunities in the offing
We met the management of VA Tech Wabag (Wabag) to get an insight into the business model and future plans. Wabag is a leading MNC in the water treatment space (water desalination, sewage water treatment, waste water treatment, etc), which operates on an asset light-EPC led model in water treatment projects across municipal and industrial segments, where they focus on design and engineering while outsourcing civil construction and erection jobs. The company has a global presence and about 100 patents, which include both products and process patents. The company’s reported revenue increased 39.2% YoY to Rs. 2,230 crore in FY14 (domestic – 51% & overseas – 49%) and PAT of Rs. 113 crore.
This is an old report from July 2014. Why being referenced now?
This is old news . WHen I click on the meet note link, it shows the date as JUly 2014.
Please dont cheat investors by giving old trash like this .