RegulatoryMint
VA Tech Wabag cancels ₹2,400 cr Saudi project
Negative-67
GreyOak summary
VA Tech Wabag disclosed the cancellation of a ₹2,400 crore desalination project in Saudi Arabia by the Saudi Water Authority. Despite this setback, the company reported Q2 FY27 PAT of ₹104 crore and maintains an order book exceeding ₹20,000 crore.
What it affects
- VA Tech WabagWABAGNegative -67
₹2,400 cr Saudi project cancelled by customer.Rolling sentiment Negative -30
Source
Read the original at MintMore VA Tech Wabag news
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