Hello! Welcome to Moneysena. Today we will thoroughly study VA TECH WABAG Share Price Action, company business, and its fundamentals. We will try to predict the target price for the upcoming days, months, and years.
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1. WABAG Share– A Company Overview
VA Tech Wabag Ltd. is an Indian multinational company headquartered in Chennai. Founded in 1924, the company specializes in desalination and water treatment for municipal and industrial users. VA Tech Wabag has completed over 6000 projects. The company has a presence in more than 30 countries. It has established itself as a prominent player in the industry.
Check more details about company on website
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2. Fundamental of WABAG Share
Here you will get an idea about the Fundamentals of the Company from the table below
| MARKET CAPITALISATON | 9378 Cr. |
| 52 WEEK HIGH/LOW | 1563/595 |
| STOCK PE | 37.5 |
| BOOK VALUE | 292 |
| DIVIDEND YIELD | 0% |
| ROCE | 19.8% |
| ROE | 23.8% |
| FACE VALUE | 2 |
3. Technical Analysis of WABAG Share
We will study the monthly weekly and daily chart of Wabag. Based on the Price action we will decide whether it’s worth buying the stock. will also try to predict the short-term, mid-term and long-term share price targets.
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Monthly Chart Analysis of Wabag Share
Below is the Monthly chart of Wabag stock sourced from Zerodha
It has given a multiyear breakout at a share price of 1000. With this multiyear breakout, it has given 1.5x returns within 6 months with a share price of 1500. Now it is in the consolidation phase and, made a new base for a new movement. From here on can expect the same returns on equity. With one year of the holding period, we can expect the share price about 3000. From an investment perspective, we can expect the stock to touch 10000 to 12000. This is considering a minimum holding period of 10 years.
Weekly Chart Analysis of Wabag Share
You can check the below weekly chart from Zerodha to study the medium-term target of wabag share price target.
It has broken three major resistance and is currently in a very bullish movement. With this price action, the target price will be around 2300 to 5000. The holding period is expected to be 6 to 18 months. Generally, medium-term targets can be predicted well with weekly and daily price action candlestick patterns.
Daily Chart Analysis of Wabag Share
You can check the below daily chart from Zerodha to study the short-term target of Wabag share price target. You can also use this one for a swing trading bet.
you can see here It has created an ascending parallel channel. The base price is 1200 and the Upper price is 1450. It has given the breakout and trading at breakout retest level around 1500. This is the best time to enter the stock at this level. Use a stop loss of 60 rupees or the stop-loss price is 1440. With a minimum target of 20-25%. Alternatively, aim for at least a share price of 1800-1900.
whenever we have a swing trading or short-term perspective one should use the 15-minute chart for entry and exit. Also one can decide, the lowest stop-loss of a share for a good risk-reward ratio.
In the above chart, there are two lines. One line is mainly the resistance line and another is the support Trend line. One can take entry at the current price or if the price comes on support Trend line. With stop-loss of 1440 as shown in the above chart.
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4. Historical Price analysis of Wabag share
we will see the below Monthly chart of Wabag and analyze the Price history of Shares.
If you check first phase of wabag share, it has consolidated for 3 years. Then it has given movement of phase 2 for 1 year. In this period it has given the 3X returns from 260 to 970.
In phase 3, is has consolidated for 7 years and given almost negative return till 3x. Then started its upward movement. It has given 6X return or can say 600% gain from 200 to 1500.
5. VA TECH WABAG Share Price Target for 2024, 2025,…..,2030.
| TARGET YEARS 2025 TO 2030 | AVERAGE TARGET |
|---|---|
| 2024 | 2000 |
| 2025 | 2500 |
| 2026 | 3000 |
| 2027 | 4000 |
| 2028 | 5000 |
| 2029 | 5500 |
| 2030 | 6000 |
6. VA TECH WABAG Share Price Target for 2031, 2032,…..,2040.
| TARGET YEARS 2031 TO 2040 | AVERAGE TARGET |
|---|---|
| 2031 | 7100 |
| 2032 | 7500 |
| 2033 | 8000 |
| 2034 | 9000 |
| 2035 | 10000 |
| 2036 | 12000 |
| 2037 | 14000 |
| 2038 | 16000 |
| 2039 | 18000 |
| 2040 | 21000 |
7. VA TECH WABAG Share Price Target for 2041, 2042,…..,2050.
| TARGET YEARS 2041 TO 2050 | AVERAGE TARGET |
|---|---|
| 2041 | 22000 |
| 2042 | 25000 |
| 2043 | 2800 |
| 2044 | 30000 |
| 2045 | 35000 |
| 2046 | 38000 |
| 2047 | 40000 |
| 2048 | 45000 |
| 2049 | 50000 |
| 2050 | 60000 |
8. Peers of VA TECH WABAG
Here is the List of VA Tech Wabag Peer Companies
EMS- Visit Website
VPRPL-Visit Vishnu Prakash R. Punglia Limited
9. FAQs
Is Wabag Fundamentally good stock?
Yes, WABAG is Fundamentally good stock.
What is the Wabag Stock Price Target 2025?
The share Price Target for 2025 is is 2500+
What is the Wabag Stock Price Target 2030?
The share Price Target for 2030 is is 6000+
What is the Wabag Stock Price Target 2040?
The share Price Target for 2040 is is 21000+
What is the Wabag Stock Price Target 2050?
The share Price Target for 2050 is is 60000+
Disclaimer– The views shared here are only for educational purposes. We are not SEBI registered.
Please take advice from your personal finance adviser. We are not responsible for any loss incurred by you with above shared study.
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