Shares of Va Tech Wabag and TARC Ltd plummet after order cancellations and financial scrutiny.
Va Tech Wabag Ltd's shares fell by 19% after a Saudi client canceled a Rs 2,700 crore order for a seawater desalination plant. TARC Ltd shares dropped by 10%, continuing a second day of decline amid a SEBI forensic audit into the company's financial disclosures. Both companies maintain their commitment to high standards of corporate governance.
3 months ago
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