Systematix has set a target price of ₹1,840 for VA Tech Wabag, implying an upside of 53 per cent, and ₹346 for Enviro Infra Engineers, indicating an 83 per cent potential gain
On the bourses, VA Tech Wabag share price rose as much as 6.17 per cent to an intraday high of ₹1,349, before trading 2.81 per cent higher at ₹1,306.20 around 12:50 PM.
At 9:30 AM, VA Tech share price continued to trade higher, up 1.99 per cent at ₹1,430. In comparison, BSE Sensex was trading 0.20 per cent higher at 85,355.60 levels.
Despite global headwinds and subdued returns in Samvat 2081, analysts expect the coming year to offer selective opportunities across banking, consumption, infrastructure, and technology themes.
Godrej Consumer has strengthened its core portfolio and expanded into new segments, while UltraTech Cement reported strong Q1 results
VA Tech Wabag shares rose 3.6 per cent on Thursday, after the company bagged an advanced water technology order from RenewSys India Private Ltd