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Welspun Enterprises' arm bags contract worth Rs 79.29 crore

27 Mar 2025 Evaluate

Welspun Enterprises’ material subsidiary -- Welspun Michigan Engineers has been awarded a contract by the Vadodara Municipal Corporation (VMC) for rehabilitation of existing 1,800 mm diameter drainage line in West Zone, Vadodara, Gujarat. The contract is valued at Rs 79.29 crore (excluding GST) and the project is scheduled for completion within 12 months commencing from April 02, 2025 (excluding monsoons). 

The outstanding order book of Welspun Michigan Engineers as on March 25, 2025 was Rs 2,915.42 crore (excluding GST). With the addition of this project, the outstanding order book now stands at Rs 2,994.71 crore (excluding GST).

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

482.05 -1.60 (-0.33%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4050.00
Rail Vikas Nigam 296.30
NCC 160.45
KEC International 559.60
Kalpataru Projects 1240.45
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