Welspun Enterprises is currently trading at Rs. 100.05, up by 1.35 points or 1.37% from its previous closing of Rs. 98.70 on the BSE.
The scrip opened at Rs. 103.00 and has touched a high and low of Rs. 104.95 and Rs. 99.60 respectively. So far 52497 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 202.85 on 28-May-2018 and a 52 week low of Rs. 91.25 on 28-Jan-2019.
Last one week high and low of the scrip stood at Rs. 108.00 and Rs. 91.25 respectively. The current market cap of the company is Rs. 1500.08 crore.
The promoters holding in the company stood at 46.17%, while Institutions and Non-Institutions held 8.76% and 45.07% respectively.
Welspun Enterprises has reported a rise of 37.46% in its net profit at Rs 47.34 crore for the quarter ended December 31, 2018 as compared to Rs 34.44 crore for the same quarter in the previous year. Total income of the company increased by 47.57% at Rs 439.94 crore for Q3FY19 as compared Rs 298.13 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 43.39 crore for the quarter ended December 31, 2018 as compared to Rs 15.65 crore for the same quarter in the previous year. Total income of the company increased by 41.69% at Rs 459.47 crore for Q3FY19 as compared Rs 324.28 crore for the corresponding quarter previous year.
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