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Wishing all of you a Very Happy Gudi Padva. Hope you all are having a great week. Today, I am discussing a new stock first on this blog. The stock name is VA Tech Wabag, from Infra sector, which is looking quite bullish from a long term perspective. From an investment perspective, this infrastructure company named Va Tech Wabag (NSE Code – WABAG and BSE Code – 533269) at cmp 675 (and dips) looks pretty lucrative for higher price levels of Rs.870 to Rs.900 in the very long term. Any retail investor can follow Sterlite Technologies share price only around Rs.670-675, with a strict exit trigger below Rs.550. As of March 28, 2017, the 52-week high for Va Tech Wabag share is INR 736.90. As a retail investor, one can keep a close watch on Va Tech Wabag company share price for potentially good rallies in the long-term future, if held with patience.
There are multiple reasons for being slightly bullish on VTW (Va Tech Wabag). WABAG is one of the leading providers of water and waste water treatment plant design, construction and operational management. It is specialized in water engineering services and water treatment. Further information about Va Tech WABAG can be found on the WABAG official website.
Make sure you note the current market price of WABAG company stock and as per this article, it looks attractive only around price of Rs.670. For people who can hold with patience for more than 1 year, Va Tech WABAG stock is a good stock investment bet. It is important not to hurry and watch out for key price levels in every stock that we invest in the equity market. Do your own equity research analysis or consult a financial analyst before actually investing in any stock and keep minting…hahahahaha!
Please stay tuned to this blog for further updates. Keep thinking positively and stay happy always!