BUY - WABAG CMP - Rs. 354 Target - 1: Rs. 515 Target - 2: Rs. 710 . . Technical - 1) Trendline BO 2) Cup and Handle(nearing BO). . . Fundamentals - 1) VA Tech Wabag Limited (NSE:WABAG) is considered a reasonable investment option due to its current share price increase of over 10%. Its price-to-earnings ratio of 12.34x is lower than its industry peers’ ratio of 13.03x, indicating a fair valuation.
2) Additionally, the company is expected to see a profit growth of 42% in the next two years, which is encouraging. . . Follow me for more!