Welspun Corp is currently trading at Rs. 146.60, up by 10.05 points or 7.36% from its previous closing of Rs. 136.55 on the BSE.
The scrip opened at Rs. 154.50 and has touched a high and low of Rs. 155.00 and Rs. 145.80 respectively. So far 60,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 165.70 on 06-Nov-2017 and a 52 week low of Rs. 71.70 on 26-Dec-2016.
Last one week high and low of the scrip stood at Rs. 155.00 and Rs. 127.90 respectively. The current market cap of the company is Rs. 3,874.95 crore.
The promoters holding in the company stood at 48.25%, while Institutions and Non-Institutions held 15.02% and 36.72% respectively.
Welspun Corp has bagged orders including a large oil & gas order for supply of 124 K MTs pipes. With the addition of these orders, the company has current order book of 1,198 K MTs valued at Rs 7,400 crore.
Recently, the company had received an order from a customer in India for supply of 57K MTs pipes for a water project in India.
Welspun Corp is currently in four businesses viz Line Pipes, Energy, Infrastructure & Steel and enjoys a global leadership position in the first two businesses. It may be recalled that Welspun Corp is already in advanced stages of demerging the parts of its business other than Line Pipes into Welspun Enterprises through a court process.
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SAIL | 153.65 |
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Jindal Saw | 560.50 |
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