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Welspun India rises as its arm inks MoU with iPLON

20 Apr 2015 Evaluate

Welspun India is currently trading at Rs. 418.50, up by 7.65 points or 1.86% from its previous closing of Rs. 410.85 on the BSE.

The scrip opened at Rs. 410.00 and has touched a high and low of Rs. 419.70 and Rs. 395.00 respectively. So far 22894 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 451.00 on 15-Apr-2015 and a 52 week low of Rs. 103.00 on 22-Apr-2014.

Last one week high and low of the scrip stood at Rs. 451.00 and Rs. 397.00 respectively. The current market cap of the company is Rs. 4068.63 crore.

The promoters holding in the company stood at 73.31 % while Institutions and Non-Institutions held 7.75 % and 18.94 % respectively.

Welspun India’s arm - Welspun Renewables has signed a memorandum of understanding (MoU) with Germany-based iPLON for supplying equipment required for its 550 MW upcoming solar power capacity in India.  The company has chosen iPLON GmbH for supply, installation and commissioning of solar PV power plant automation systems for its upcoming projects in India.

Welspun Renewables is working towards achieving its green energy commitment of 11,001 MW. It has set a target of commissioning over 1 GW of solar and wind capacity within this fiscal. iPLON will offer its power plant automation system, plant analysis tools, telemetry systems and central monitoring systems required by Welspun Renewables to manage their large portfolio of projects.

Welspun India is one of the largest manufacturers and exporters of bed & bath textile products globally. WIL’s portfolio comprises wide range of home textile products such as terry towels, bed linen (basic bedding and decorative bedding) rugs and bathrobes.

Welspun Living Share Price

124.75 -0.70 (-0.56%)
20-Apr-2026 14:45 View Price Chart
Peers
Company Name CMP
Welspun Living 124.75
Vardhman Textiles 553.50
Arvind 386.95
K.P.R. Mill 924.70
Page Industries 38172.05
View more..

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