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Welspun Enterprises shines on getting contract from NHAI under hybrid annuity model

31 Dec 2015 Evaluate

Welspun Enterprises is currently trading at Rs. 64.05, up by 2.95 points or 4.83% from its previous closing of Rs. 61.10 on the BSE.

The scrip opened at Rs. 63.00 and has touched a high and low of Rs. 65.00 and Rs. 63.00 respectively. So far 78148 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.10 on 05-Aug-2015 and a 52 week low of Rs. 24.60 on 21-Jan-2015.

Last one week high and low of the scrip stood at Rs. 65.00 and Rs. 56.45 respectively. The current market cap of the company is Rs. 1058.99 crore.

The promoters holding in the company stood at 37.56% while Institutions and Non-Institutions held 17.13% and 37.34% respectively.

Welspun Enterprises has been awarded with Package I of the Delhi-Meerut Expressway Project to be developed through the Hybrid Annuity Model (HAM) by National Highways Authority of India (NHAI). Under HAM, the company will develop Package I (of 8.716 km length) of the Delhi - Meerut Expressway at a Bid Project Cost of Rs 841.50 crore, and operate it for a period of 15 years.

Welspun Enterprises, formerly Welspun Projects, part of the Welspun Group, is an operating company as well as a holding company in the business of Infrastructure, Oil & Gas Exploration and Renewable Energy.

 

Welspun Enterprises Share Price

437.00 -5.65 (-1.28%)
13-Apr-2026 16:59 View Price Chart
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