BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
VA Tech Wabag Ltd.'s Q3 FY21 performance was better than expectations, supported by pick up in both domestic and overseas execution leading to healthy operating margins.
Kolkata hybrid annuity model project financial closure is in its final stages and is likely to commence by March 2021.
Chennai 400 million litres per day desalination project ordering activity has commenced and pre-qualification bids are expected to get over by next month.
Strong orderbook of Rs 107 billion (4.2 times trailing twelve months sales) lends visibility and the company has announced euro 100 million worth of overseas orders; however, 33% of orderbook is operation and maintenance which restricts near- to medium-term growth.
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