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Welspun Infra Developers sells 21.27 lakh shares of Welspun Enterprises

07 Sep 2015 Evaluate

Welspun Infra Developers has sold 21.27 lakh shares of Welspun Enterprises through the open market route. The shares were sold on an average price of Rs 57.48 valuing the transaction to Rs 12.23 crore. Furthermore, International Synthfabsp has also sold 13.63 lakh shares of the company for an average price of Rs 57.48 through open market route.

Welspun Projects (WPL), formerly known as MSK Projects (India) Ltd and part of the Welspun Group, is into engineering, procurement and construction (EPC) projects across sectors like roads, water and industrial structures.

Peers
Company Name CMP
Larsen & Toubro 3884.55
Kalpataru Projects 1414.75
NCC 134.45
Rail Vikas Nigam 208.45
KEC International 396.95
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