VA Tech Wabag

Rekha Jhunjhunwala's portfolio stock, VA Tech Wabag, jumped more than 6% in morning trade on Wednesday, 1 July. As per BSE data, VA Tech Wabag shares have surged 325% and 500% in three years and five years, respectively.

Stock market today: Experts recommend buying these eight shares today — Tata Technologies, Sai Life Sciences, Axis Bank, Eternal, Tata Steel, VA Tech Wabag, Diamond Power Infra, and Groww

Stock market today: Experts have recommended eight stocks to buy today — SAIL, GVT&D, Alkem Lab, HSCL, Canara Bank, Premiere Energies, VA Tech Wabag, and Cummins India

Rekha Jhunjhunwala portfolio: VA Tech Wabag share price opened at ₹ 1,270 today, as compared to the previous close of ₹ 1227.60 on Friday.

Stocks to buy: The top conviction ideas by Axis Securities in the chemicals and midcap space include Aarti Industries, Pitti Engineering, VA Tech Wabag, Kirloskar Brothers, Gravita India and Mold-Tek Packaging.

VA Tech Wabag has received a 'buy' rating from Motilal Oswal due to its strong order book and improved financial metrics. The company is well-positioned to benefit from increasing global focus on water management, projecting significant revenue growth through its diverse project pipeline.

Stocks to buy for the long term: The Nifty 50 index gained nearly 2% in May despite geopolitical concerns. Devarsh Vakil of HDFC Securities recommends five stocks for long-term investment with substantial growth potential in the coming years.

Amid market fluctuations, microcap stocks such as Shilpa Medicare and Va Tech Wabag achieved significant gains. The Nifty Microcap 250 index outperformed the Nifty 50, rising 2.33% over the past week, with Dishman Carbogen Amics, Reliance Infra emerging as top gainers.