“IT is so over owned and the psychology of investors also is that they want to buy IT stocks at all times. I am not buying IT companies. There is a risk that there could be some turnaround and the stocks could start suddenly performing very fast but we live with that risk when we do active investing.”
VA TECH WABAG has secured an order worth about INR 420 Crores towards DBO of a Water Treatment Plant with a capacity of 270 Million Litres per Day (MLD) at Jite, Raigad for CIDCO.
The project encompasses design, build and operation (DBO) of a water treatment plant with a capacity of 270 million litres per day at Jite in Raigad. It has been planned to cater to the future demand for Navi Mumbai, the company said on Wednesday.