Shares of Va Tech Wabag dropped 19.2%, hitting a low of Rs 1,522.30 on the BSE today, after the company disclosed that its Rs 2,700 crore order for a 300 MLD mega seawater desalination plant in Saudi Arabia had been canceled.
Peter Lynch does not like the AI trade; here’s why he says ‘Know what you own’
Analysts soon began sounding the alarm over the massive AI spending and rising debt of the tech giants, questioning if they will actually bear fruit