Va Tech Wabag jumps on news Rekha Jhunjhunwala will invest Rs 80 crore
Wed, Sep 30, 2020 10:05 AM

Va Tech Wabag jumps on news Rekha Jhunjhunwala will invest Rs 80 crore

Get it on Google Play
Va Tech Wabag share price jumped in the morning trade on September 30 after the announcement Rekha Rakesh Jhunjhunwala, wife of ace investor Rakesh Jhunjhunwala, will invest Rs 80 crore in VA Tech Wabag, the Indian multinational player in the water treatment industry. Founded in Breslau in 1924, the company is focussed on water treatment for municipal and industrial users.

More great flips

Marico eyes on boosting Saffola brand positioning

Marico eyes on boosting Saffola brand positioning

Marico Industries working to nourish the positioning of its Saffola brand as a preventive, healthy lifestyle advocating food product, not just an edible oil, by bringing health and wellness products under the range, according to a senior company official. Marico has been on product offensive after the pandemic and has brought several new products under its Saffola brand such as honey etc.

Open Flip
Demand recovery expected in second quarter this year: Trent chairman

Demand recovery expected in second quarter this year: Trent chairman

Customer demand should rebound strongly, possibly from the second quarter onwards, said Trent chairman Noel N Tata, while staying "cautiously optimistic" on the medium-term outlook. With growth factors such as favorable demographics, increasing per capita and disposable income, and growing consumption, India is expected to return to a strong growth trajectory, despite uncertainty of third wave.

Open Flip
Keventer Agro forays into frozen foods, tetra pack milk business

Keventer Agro forays into frozen foods, tetra pack milk business

With growing demand for frozen foods during the pandemic, Keventer Agro on Sunday declared its plans to set up frozen foods and tetra pack milk businesses nationwide in the next two-three years. The Kolkata-based company targets 10% increase in turnover to Rs 11,000 crore in the current 2021-22 fiscal from Rs 10,000 crore in the previous fiscal, with much of the revenue expected from new business.

Open Flip

Join our Smart Investment Community

More than 250,000 users are using FlipItNews to stay updated about the business and finance world! Join FlipItNews now and take smart investment decisions!
Icon