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Welspun Infra Developers picks 0.57% stake in Welspun India for Rs 6 crore

03 Mar 2014 Evaluate

Welspun Infra Developers has purchased 0.57% stake in Welspun India, the home textile manufacturer. It has bought 578,348 equity shares of Welspun India at Rs 101.47 a piece via block deal that was worth nearly Rs 6 crore. The shares were purchased on the National Stock Exchange (NSE) on February 28, 2014.

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

Peers
Company Name CMP
Vardhman Textiles 529.75
Welspun Living 239.05
Arvind 534.80
Raymond Lifestyle 628.20
K.P.R. Mill 1071.60
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