Welspun India is currently trading at Rs. 205.00, up by 2.35 points or 1.16 % from its previous closing of Rs. 202.65 on the BSE.
The scrip opened at Rs. 202.60 and has touched a high and low of Rs. 205.00 and Rs. 194.00 respectively. So far 4796 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 227.90 on 09-Jul-2014 and a 52 week low of Rs. 46.50 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 227.90 and Rs. 201.00 respectively. The current market cap of the company is Rs. 2056.18 crore.
The promoters holding in the company stood at 73.10 % while Institutions and Non-Institutions held 10.92 % and 15.98 % respectively.
Welspun India’s business arm - Welspun Energy (WEL), the country’s biggest developer of solar projects has started work for setting up a 50-MW solar project at Baramati, Maharashtra. The company is setting up the project on a public-private partnership (PPP) model with Maharashtra State Power Generation Company.
The power producer will be fully responsible for finance, design, and commissioning of the grid-interactive solar power and WEPL will invest 60 per cent of project cost and will be entitled to a 62 per cent share in revenue.
The 50 MW capacity will be installed in two phases. In the first phase, 36 MW will be installed on 74.74 hectares of Government land. The remaining 14 MW capacity will be installed after acquisition of the 29.97 hectares required for the project.
Welspun India is one of the largest manufacturers and exporters of bed & bath textile products globally. Its portfolio comprises wide range of home textile products such as terry towels, bed linen (basic bedding and decorative bedding) rugs and bathrobes.
| Company Name | CMP |
|---|---|
| Welspun Living | 125.45 |
| Vardhman Textiles | 557.75 |
| Arvind | 387.20 |
| K.P.R. Mill | 926.40 |
| Page Industries | 37935.70 |
| View more.. | |
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