Welspun India rises on acquiring 26% Stake in Clean Max Thanos

Welspun Living Ltd. | Textile | Textiles & Apparels | BSE: 514162 | NSE: WELSPUNLIV

30 Dec 2022 Evaluate

Welspun India is currently trading at Rs. 76.65, up by 0.65 points or 0.86% from its previous closing of Rs. 76.00 on the BSE.

The scrip opened at Rs. 77.45 and has touched a high and low of Rs. 78.10 and Rs. 76.30 respectively. So far 51420 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 159.95 on 10-Jan-2022 and a 52 week low of Rs. 62.30 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 78.10 and Rs. 68.50 respectively. The current market cap of the company is Rs. 7578.41 crore.

The promoters holding in the company stood at 70.36%, while Institutions and Non-Institutions held 12.29% and 17.35% respectively.

Welspun India has entered into an arrangement for supply of renewable energy under Captive Structure from Clean Max Thanos (CTPL), as a part of Environmental, social, and governance (ESG) journey. The company has subscribed to 26% equity share capital of CTPL by paying Rs 3.80 crore and remaining 74% shareholding of CTPL is held by Cleanmax Group.

CTPL will set up a renewable energy project under Hybrid Policy of the Government of Gujarat and the company’s Vapi factory will acquire renewable energy from the proposed project of CTPL. CTPL is expected to commence supply of renewable energy to the company’s Vapi factory by March 31, 2023.

Welspun India is one of the largest manufacturers and exporters of bed & bath textile products globally. The company’s portfolio comprises wide range of home textile products such as terry towels, bed linen (basic bedding and decorative bedding) rugs and bathrobes.

Welspun Living Share Price

133.75 1.55 (1.17%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Welspun Living	133.75
Vardhman Textiles	580.60
Arvind	435.40
K.P.R. Mill	954.80
Page Industries	37326.50
View more..

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