Va Tech Wabag shares crack 19% after Rs 2,700 crore Saudi Arabia order gets canceled

December 18, 2024

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.

More To Explore

Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies

Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created

September 25, 2026

Tata Sons boardroom battle intensifies but Tata Group stocks remain unbothered. Should you buy?

Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles

September 25, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003