Welspun Enterprises secures order worth Rs 1989.40 crore from BMC

Welspun Enterprises Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532553 | NSE: WELENT

09 Oct 2024 Evaluate

Welspun Enterprises (WEL) has secured a significant Design and Build contract for the design and construction of Tertiary Treated Water Conveyance Tunnel from Dharavi Wastewater Treatment Facility (WWTF) to Ghatkopar WWTF, from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at Rs 1989.40 crore (excluding GST), encompasses the design and construction of two very deep shafts at Ghatkopar WWTF and Dharavi WWTF, and an 8.48 km long reinforced in-situ concrete lined tunnel of 2.7 metre finished diameter. This tunnel is to be constructed using tunnel boring machine (TBM). The project is to be completed within a timeframe of 93 months.

The outstanding order book of the company as on June 30, 2024 was Rs 12,300 crore on standalone basis. With the addition of this order, the outstanding order book of the Company is around Rs 14,300 crore (less execution done in Q2FY25), of which around Rs 9,900 crore is from the water sector (including around Rs 4,400 crore from O&M & Asset replacement), around Rs 1,989 crore from newly added Tunnel segment and the balance around Rs 2,400 crore is from transportation sector (excluding around Rs 1,900 crore for a Road project bid, for which the Company is L1).

Additionally, the company’s subsidiary -- Welspun Michigan Engineers has also been awarded a project on October 07, 2024, valued at around Rs. 24.60 crore, for wastewater treatment in the State of Maharashtra. With the new order inflows, the consolidated order book is around Rs 15,800 crore (less execution done in Q2 FY25).

Welspun Enterprises (WEL) (Formerly known as Welspun Projects), part of the Welspun Group, is an operating Company as well as a holding company. The Company’s key activity is in the infrastructure business.

Welspun Enterprises Share Price

521.65 -2.30 (-0.44%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	3973.60
Rail Vikas Nigam	305.00
NCC	169.85
KEC International	598.10
Kalpataru Projects	1274.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.