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Welspun Corp slips after Genesis Asset Managers sells 13,39,444 company’s shares

06 Dec 2012 Evaluate

Welspun Corp is currently trading at Rs 107.55, down by 2.45 points or 2.23% from its previous closing of Rs 110.00 on the BSE.

The scrip opened at Rs 109.80 and has touched a high and low of Rs 112.00 and Rs 105.40 respectively. So far 223606 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 5 has touched a 52 week high of Rs 156.50 on 17-Feb-2012 and a 52 week low of Rs 64.50 on 09-Dec-2011.

Last one week high and low of the scrip stood at Rs 110.95 and Rs 100.00 respectively. The current market cap of the company is Rs 2453.20 crore.

The promoters holding in the company stood at 37.96% while Institutions and Non-Institutions held 32.11% and 19.82% respectively.

Genesis Asset Managers A/C Genesis Indian Investment Company has sold 13,39,444 shares of Welspun Corp in an open market transaction. The shares were sold at Rs 107.53 a piece on National Stock Exchange (NSE) on December 05, 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.

Welspun Corp Share Price

1203.80 65.10 (5.72%)
23-Apr-2026 16:59 View Price Chart
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