TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
VA Tech Wabag Limited ( (IN:WABAG) ) just unveiled an update.
VA Tech Wabag Limited announced an upgrade in its long-term credit rating by India Ratings & Research to ‘IND AA-‘ with a stable outlook. This improvement highlights the company’s strong financial and operational performance, including improved EBITDA margins, a deleveraged balance sheet, and maintaining a net cash-positive position. The upgrade reinforces stakeholder confidence and solidifies Wabag’s position as a trusted leader in the global water technology sector.
More about VA Tech Wabag Limited
VA Tech Wabag Limited is a leading Indian multinational group specializing in water technology, focusing primarily on water treatment solutions. The company is recognized for its leadership in the sector with a strong emphasis on sustainable solutions and maintaining an asset-light model.
YTD Price Performance: -21.96%
Average Trading Volume: 41,876
Current Market Cap: 81.26B INR
For an in-depth examination of WABAG stock, go to TipRanks’ Stock Analysis page.