SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Walchandnagar Industries shines on entering into contract with VSSC for PSLV program

23 Jan 2019 Evaluate

Walchandnagar Industries is currently trading at Rs. 99.85, up by 4.55 points or 4.77% from its previous closing of Rs. 95.30 on the BSE.

The scrip opened at Rs. 101.75 and has touched a high and low of Rs. 103.80 and Rs. 99.85 respectively. So far 85177 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 224.30 on 23-Jan-2018 and a 52 week low of Rs. 82.00 on 11-Dec-2018.

Last one week high and low of the scrip stood at Rs. 103.80 and Rs. 94.25 respectively. The current market cap of the company is Rs. 362.81 crore.

The promoters holding in the company stood at 55.00%, while Institutions and Non-Institutions held 4.11% and 40.89% respectively.

Walchandnagar Industries and Indian Space Research Organization’s Vikram Sarabhai Space Centre (VSSC) have entered into a contract. As per the contract, Walchandnagar Industries will manufacture and supply ‘S -139 End Segments’ for the Polar Satellite Launch Vehicle (PSLV) program.

The contract value is Rs 96 crore plus escalation and is likely to be executed over a period of three years. This is the company’s highest ever single order received from VSSC and is seen as a major boost for the company’s Aerospace business.

Walchandnagar Industries is a high-tech heavy engineering company, manufacturing critical equipment for India's diverse requirements in the field of defence, nuclear power and space programmes.

Walchandnagar Inds Share Price

193.00 2.60 (1.37%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BHEL 316.70
Thermax 4141.20
Kirloskar Oil Eng 1616.95
Skipper 433.50
GMM Pfaudler 931.05
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:

×