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Royal Bank of Scotland sells 17.94 lakh shares of Welspun Corp

28 Dec 2012 Evaluate

The Royal Bank of Scotland N.V. London Branch has sold 17,94,000 shares of Welspun Corp in an open market transaction. The shares were sold at Rs 102.27 a piece on National Stock Exchange (NSE) on December 27, 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.

Peers
Company Name CMP
JSW Steel 1261.00
Tata Steel 186.00
Steel Authority 184.45
Jindal Stainless 745.30
APL Apollo Tubes 2200.00
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