neutral
Recently
Brokerage Systematix sees strong upside in water engineering stocks
Systematix has given Buy ratings to VA Tech Wabag and Enviro Infra, forecasting significant upside based on strong sector growth and robust order pipelines.
Systematix Institutional Equities has initiated coverage on VA Tech Wabag Ltd and Enviro Infra Engineers Ltd with ‘Buy’ ratings, highlighting long term growth potential in the water and wastewater treatment sector. The brokerage set a target price of ₹1,840 for VA Tech Wabag, implying roughly 53% upside, and ₹346 for Enviro Infra, suggesting up to an 83% gain.