Porinju Veliyath & Dolly Khanna Forum

Porinju Veliyath on twitter drew attention to an article in moneycontrol with the remark "Remembered the VA-Ter company".

The reference is to Va Tech Wabag which is held by Porinju in his portfolio.

he has also recommended Va Tech Wabag to the public.

L&T sees a Rs 20,000-crore opportunity in water solutions

The company's Water & Effluent Treatment vertical has already bagged orders worth over Rs 12,000 crore. It is eyeing contracts in waste water treatment, drip irrigation and other solutions

Larsen & Toubro is looking to book orders worth Rs 20,000 crore this financial year as it looks to tap into a growing need for water solutions in the country, including waste water treatment and irrigation projects

There is great potential. There is a huge need for waste water treatment, drip irrigation and other solutions. Several government schemes are being introduced. The growth story is unstoppable for the next few years

L&T's fastest growing business unit is water as L&T infotech is separately listed. Water is also most pritable with Pat of15 percent very healthy for a construction company. No wonder with increase in water business requirement other companies specialized in water solutions like VA tech wagbag are also doing well. This bull.runi in water likely continue to next 5 years

valuepicker wrote: ↑Sun Sep 02, 2018 7:32 pm L&T's fastest growing business unit is water as L&T infotech is separately listed. Water is also most pritable with Pat of15 percent very healthy for a construction company. No wonder with increase in water business requirement other companies specialized in water solutions like VA tech wagbag are also doing well. This bull.runi in water likely continue to next 5 years

Agreed. The Ganga cleaning project is itself worth several thousand of crore.