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Why VA Tech Wabag Recent Stock Price Drop Might Be an Opportunity for Investors

Today, VA Tech Wabag, a major player in the water technology and desalination sector, made headlines when it announced that its Rs 2,700 crore contract with the Saudi Water Authority (SWA) for a 300 MLD seawater desalination plant had been cancelled. The stock price of VA Tech Wabag took a sharp -19% dive in response,…