Motilal Oswal maintains a 'Buy' rating on VA Tech Wabag with a target price of 1,900, citing strong growth prospects driven by a robust order book exceeding 16,000 crore and improving profitability. The brokerage highlights sustained order inflows, including recent significant contracts in Saudi Arabia and Nepal, and expects margins to remain within the guided range. The company's stock saw a notable intraday rise, outperforming the broader market. The ultra-pure water segment is also identified as a key future opportunity.