This Rekha Jhunjhuwala-owned stock has rallied 58% so far in February

Ace investor Rakesh Jhunjhunwala's wife Rekha Jhunjhunwala held 5 million shares, or 8.04 per cent stake, in the company, as on December 31, 2020, the shareholding pattern data show

Shares of VA Tech Wabag rallied 15 per cent on Tuesday to hit a fresh 52-week high of Rs 296 on the BSE on the back of heavy volumes. In the past two days, the stock of the sewage and water treatment solutions provider has gained 21 per cent after foreign brokerage firm Nomura raised price target to Rs 446 per share.

Thus far in the month of February, the share price of VA Tech Wabag has surged 58 per cent on improved outlook. In comparison, the S&P BSE Sensex was up 7.9 per cent during the month.