Welspun India is currently trading at Rs. 75.10, up by 1.65 points or 2.25% from its previous closing of Rs. 73.45 on the BSE.
The scrip opened at Rs. 74.00 and has touched a high and low of Rs. 75.25 and Rs. 73.40 respectively. So far 175825 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 99.55 on 03-May-2017 and a 52 week low of Rs. 60.00 on 05-Oct-2017.
Last one week high and low of the scrip stood at Rs. 77.15 and Rs. 69.00 respectively. The current market cap of the company is Rs. 7540.46 crore.
The promoters holding in the company stood at 73.48%, while Institutions and Non-Institutions held 13.22% and 13.30% respectively.
Welspun India is reportedly planning to set up food processing, warehouse and electrical equipment park in Odisha. In this regard, the company has received approval from state government on November 24, 2017.
The unit would come up over 175 acres in Bhadrak district at an investment of Rs 300 crore. It would have units in sectors like edible oil, deep freezing, food storage, sea food processing, export oriented apparel unit and multi-modal logistic parks.
Welspun India is one of the largest manufacturers and exporters of bed & bath textile products globally. The company’s 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 |
---|---|
PDS | 441.00 |
Vardhman Textiles | 449.30 |
Arvind | 371.60 |
Welspun Living | 139.85 |
Alok Inds | 25.50 |
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