SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Welspun Enterprises concludes stake sale in Welspun Energy for Rs 286 crore

09 Mar 2017 Evaluate

Welspun Enterprises (WEL), formerly Welspun Projects, part of the $2.3 billion Welspun Group, has completed the sale of its stake in Welspun Energy. Pursuant to the shareholders’ approval by way of postal ballot on February 01, 2017, WEL has divested its stake at a consideration of approximately Rs 286 crore. Further consideration is contingent upon occurrence of certain future events. This implies more than 3x returns on WEL’s investment of Rs 91.10 crore in Welspun Energy.

This deal is another step in the company’s business re-organization efforts, in order to create value for its stakeholders by enhancing focus on core businesses. This will further improve WEL’s balance sheet and cash reserve, thus setting a stronger platform for future growth.

Welspun Enterprises, formerly Welspun Projects, part of the Welspun Group, is an operating company in the infrastructure business. The company also has investments in Oil & Gas Exploration.



Welspun Enterprises Share Price

483.65 17.70 (3.80%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×