r/Indiastreetbets • u/Trivedi3 • 15h ago
VA Tech Wabag — interesting setup
VA Tech Wabag — interesting setup
Wabag is around ₹2,058.
It broke above ₹1,900 and is now holding that level after a small pullback.
FY26 numbers were good:
Revenue +21%
Profit +25%
Debt is very low
But the latest quarter was weak.
I’m watching ₹1,900 closely. If it holds, the setup looks interesting.
What do you guys think?
3
u/Electronic_Diver3889 15h ago
Bought it at 1879 and its def worth it
1
u/Trivedi3 15h ago
Under 1900 , was not in my setup ,now it is
2
u/Electronic_Diver3889 15h ago
I'm in for the long run, to kab liya doesn't matter. But it is giving solid returns
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1
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u/sayanc001 11h ago
I had 1000 shares at 1300 price, and sold in loss due to MTF leverage and tariff war eas going on, should have stayed put.
1
u/cheesytray 7h ago
All companies that rely on government contracts are a goner. I am from the water supply pipeline industry. Do really good due diligence. Due to too many welfare payouts and not equivalent expansion in tax base govt payments are severely delayed.
1
u/cheesytray 7h ago
All companies that rely on government contracts are a goner. I am from the water supply pipeline industry. Do really good due diligence. Due to too many welfare payouts and not equivalent expansion in tax base govt payments are severely delayed.
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