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VA Tech Wabag Gets Motilal Oswal's 'Buy' Initiation Citing Robust Growth Outlook — Check Target Price

Outlook of strong free cash flow generation, net-cash status and expansion in return ratios make VA Tech’s scrip attractive at ~20x FY27E EPS on current market price.

<div class="paragraphs"><p>VA Tech's current order book of ~Rs 137 billion  and a strong bid pipeline of up to Rs 200 billion provide 15-20% revenue growth visibility.</p><p>(Photo Source: Company website)</p></div>
VA Tech's current order book of ~Rs 137 billion and a strong bid pipeline of up to Rs 200 billion provide 15-20% revenue growth visibility.

(Photo Source: Company website)

Motilal Oswal believes large order inflows and a significant margin expansion could fuel Va Tech's valuation re-rating in the near to medium term.
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