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.

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