Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
383.15
Change Change %
-3.15 -0.82%

Updated:18 Sep, 2018, 15:58 PM IST

BSE
382.75
Change Change %
-3.15 -0.82%

Updated:18 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Kotak
N/A
27-07-2017 Buy 599.95 711.00
N/A
Closed Long (1Y)
27-07-2018

Kotak Securities recommends buy on Va Tech Wabag

Kotak Securities has recommended buy on Va Tech Wabag for target price of Rs 711. It says Wabag stock has corrected in recent days without any negative newsflow. At the current price of Rs 596, the stock has corrected 17% from its high of Rs 716. In view of the strong order book, sound balance sheet, long term growth potential and reasonable valuations, we upgrade the stock to "BUY" from "Accumulate" earlier. We retain the earnings and target price.

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