VA TECH WABAG multiple year breakout on chart keeps SL 370 to hold. Although this quarter result is pending. The company is the business of water treatment technology this is the future needs. Earlier there was some Corporate governance (CG) issue that emerged that's why the share not performed. The company includes in this business Power Mech, ION exchange, De Nora India etc
Va Tech Wabag Ltd.
Co is engaged in the business of water treatment field. Its principal activities include design, supply, installation, construction & operational management of drinking water, waste water treatment, industrial water treatment & desalination plants.
Co offers solutions for sewage water treatment, drinking water treatment, industrial water treatment, industrial waste treatment, desalination & recycling. It has a presence across the entire value chain of water solutions which include R&D, marketing, design & technology, engineering, procurement, construction and commissioning & operations & maintenance (O&M).
Co has executed 6,000+ projects across 25+ countries serving the Indian sub-continent, Middle East & Africa, Europe region & South-East Asian markets.
Co's order book stands at almost ₹15,000 crores (65% EPC and 35% O&M). 74% of orders come from industrial projects & the rest 26% from municipal projects. India accounts for 80% of the order book, followed by Europe (1%) and ROW (19%).
Co has a global presence across 4 continents in over 25 countries. It has business understanding of regions like SE Asia, Middle East, Africa, Europe & Latin America.
Co is a technology focused company & owns 125+ IP rights. It has R&D centers located in India, Australia & Switzerland.
*Rekha Jhunjhunwala also hold significant stake around 8% in this company*
