Va Tech Wabag shares, down 23% from their 52-week high, remain a strong long-term bet. Analysts highlight technical support at Rs 1,375 and fundamental triggers like a $100 million municipal partnership. Yes Securities maintains a ‘Buy’ with a Rs 1,750 target, citing revenue growth, improving margins, and strong order inflows.
RBI project finance guidelines easier than draft, breather for lenders
The Reserve Bank of India has significantly reduced mandatory provision requirements for commercial real estate and infrastructure projects, offering relief to lenders. These revised guidelines,
June 20, 2025