Va Tech Wabag Experiences Mixed Technical Signals Amid Strong Sales Growth
Va Tech Wabag has recently experienced a change in its evaluation, reflecting a shift in its technical outlook. The company reported a 21.11% increase in net sales, reaching Rs 1,890.20 crore, and a 29.75% rise in profit after tax to Rs 165.30 crore, while maintaining a low debt-to-equity ratio.
Va Tech Wabag, a small-cap player in the Other Utilities sector, has recently undergone an adjustment in its evaluation. This revision reflects a shift in the technical landscape, moving from a mildly bearish outlook to a sideways trend. The company's technical indicators present a mixed picture, with the MACD showing bearish signals on a weekly basis and mildly bearish on a monthly basis. The Bollinger Bands indicate a mildly bearish stance weekly, while monthly trends suggest a mildly bullish sentiment.In terms of financial performance, Va Tech Wabag reported a notable increase in net sales, reaching Rs 1,890.20 crore, which represents a growth of 21.11% over the latest six months. The profit after tax (PAT) also saw a significant rise of 29.75%, amounting to Rs 165.30 crore. The company maintains a low debt-to-equity ratio, which is favorable for its financial health.
Despite a challenging year-to-date return of -14.06%, the company has demonstrated resilience with a return of 408.07% over the past three years. The stock is currently trading at a premium compared to its peers, reflecting its strong institutional holdings at 22.36%, which have increased by 0.76% in the last quarter.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
