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VA Tech Wabag - Strong Accretion Of Orders In FY23; Margins To See Uptick: ICICI Securities

Summary by BQ
Desalination is gaining foothold in India VA Tech Wabag has the largest market share in building operating desalination plants in country It was the engineering, procurement and construction contractor for the country’s largest desalination plant, in Nemmeli, Chennai, for which it is also doing operations and maintenance. Va Tech Wabag is looking to drive growth by focusing on desalination and water reuse segments where competitive intensity is …
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BQ broke the news in on Tuesday, July 18, 2023.
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