Be it drinking water,drip irrigation,power generation ,sewage treatment - Water – offers lot of
business opportunities ..Scarcity of quality water is expected to become a reality around the
world in another few years.Even we know the potential is very huge ,as
Investors in Indian stock market we have only limited options from the listed space. VA Tech Wabag is an excellent unique company operating in
this field.This Chennai based company is a true multinational with operations
in more than 20 countries around the globe with 17 subsidiaries.Company offers
complete water life cycle solutions from concept to operation phase. Company
executing EPC and O&M services for
sewage treatment, drinking water treatment,
effluent treatment, sludge treatment, desalination and
re-use for institutional clients like municipal corporations and infrastructure
sectors like power,and oil& gas companies.Now company is concentrating in large projects like the one
recently completed in Chennai .The Chennai
desalination plant is one of the biggest in the country with a capacity of
100-million liter per day.This plant is going to commission in another one
month or two .Wabag will operate it for another 7 years for Rs.500
Cr.Successful completion of this prestigious project will act as a testimony for company’s ability to handle
large projects and will help the company to get more projects like this in
future. Company’s strong order book of Rs.4000 Cr ensures visibility for next
few years. Company’s world wide
presence,proven execution skills ,good reputation,strong financials and the
potential of the industry it operates makes it an excellent opportunity not only
for 2013 but even beyond.CMP is Rs.539
Link to company website HERE
More info from Wiki HERE
