Shares of water treatment firm Va Tech Wabag were in the spotlight on Monday, December 18, following a sharp fall in the stock price. Over the past year, Va Tech Wabag shares had surged by over 193%, outperforming the NSE Nifty 50 index, which gained 14% during the same period. REASON FOR THE DECLINE The sharp fall in Va Tech …
Work is in full swing to construct the city’s fourth desalination plant at Perur along East Coast Road, just a few kilometres away from the existing plant at Nemmeli. Even as the third desalination plant, with a capacity to treat 150 million litres of seawater a day at Nemmeli, is all set to be inaugurated in a few weeks, civil …
