Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
VA Tech Wabag Limited ( (IN:WABAG) ) has issued an update.
VA Tech Wabag Limited announced that India Ratings & Research has reaffirmed its credit ratings, maintaining the company’s Non-Convertible Debentures and bank loan facilities at ‘IND AA-/Stable’ and ‘IND AA-/Stable/IND A1+’ respectively. The affirmed ratings, alongside a reduction in the outstanding amounts of both NCDs and bank facilities, signal continued confidence from the rating agency in Wabag’s credit profile and financial stability, supporting its position in the water infrastructure sector and offering reassurance to lenders and investors about its ability to meet funding obligations.
More about VA Tech Wabag Limited
VA Tech Wabag Limited is an Indian engineering company focused on providing sustainable water and wastewater treatment solutions. Headquartered in Chennai, it operates in the water infrastructure and environmental services sector, offering design, engineering, procurement, construction and related services for municipal and industrial clients in India and abroad.
Average Trading Volume: 15,148
Technical Sentiment Signal: Hold
Current Market Cap: 67.14B INR
Find detailed analytics on WABAG stock on TipRanks’ Stock Analysis page.