Genesis Asset Managers A/C Genesis Indian Investment Com has sold 2,854,933 shares of Welspun Corp in an open market transaction. The shares were sold at Rs 104.98 a piece on National Stock Exchange (NSE) on November 16, 2012.
Welspun Corp, the flagship company of the $3.5 billion Welspun Group, is one stop service provider offering complete pipe solution with a capability to manufacture line pipes ranging from half inch to 120 inches, along with specialized coating, double jointing and bending.
