Welspun Enterprises is currently trading at Rs. 156.65, up by 3.15 points or 2.05% from its previous closing of Rs. 153.50 on the BSE.
The scrip opened at Rs. 155.90 and has touched a high and low of Rs. 157.95 and Rs. 155.10 respectively. So far 13,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 198.00 on 10-Jan-2018 and a 52 week low of Rs. 84.00 on 24-May-2017.
Last one week high and low of the scrip stood at Rs. 161.00 and Rs. 140.00 respectively. The current market cap of the company is Rs. 2,313.00 crore.
The promoters holding in the company stood at 44.59%, while Institutions and Non-Institutions held 8.32% and 47.08% respectively.
Welspun Enterprises has emerged as the lowest bidder for four laning of Sattanathapuram to Nagapaftinam (Design Ch Km 123+800 to Km 179+555) section of NH-45A (New NH -332) in the state of Tamil Nadu under NHDP Phase-W on Hybrid Annuity Mode.
National Highways Authority of India (NHAI) has opened the bid on May 9, 2018 for the project and the consortium led by the company has emerged as the Lowest Bidder (L1) at bid price of Rs 1,837.32 crore.
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.
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