External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

External broker reports(aggregated public sources)

ICICI Securities Ltd

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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Equity Bottom-Up

<p>VA Tech Wabag’s Q2FY22 healthy performance was supported by pick-up in execution leading to healthy operating margins. Revenues grew 12.4% YoY to Rs 6.8bn.</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

VA Tech Wabag’s Q2FY22 healthy performance was supported by pick-up in execution leading to healthy operating margins. Revenues grew 12.4% YoY to Rs 6.8bn.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Healthy execution, but cashflow concerns persist

India

VA Tech Wabag Ltd. designs and builds water and sewage treatment plants. The Company constructs sewage treatment, processed and drinking water treatment, effluents treatment, sludge treatment, desalination and reuse plants.  VA Tech Wabag serves municipalities and customers in the power, steel, and oil and gas industries.

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VA Tech Wabag (VATW IN)

Healthy execution, but cashflow concerns persist

VA Tech Wabag’s Q2FY22 healthy performance was supported by pick-up in execution leading to healthy operating margins. Revenues grew 12.4% YoY to...

ICICI Securities Limited

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