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Welspun Corp News

Midcap Stock Gains As Subsidiary Signs MoU For Manufacturing Unit In Telangana

Welspun Corp Ltd. Shares on Tuesday, Sept 26, 2023, gained nearly 3% during the early trading hours after Sintex BAPL, the company's wholly-owned subsidiary signed an MoU (memorandum of understanding) with the state government of Telangana for setting up a manufacturing ...

Mid Cap Metal Co Declares 9% Dip In Net Profit, Recommends 100% Dividend

Mid cap company operating in Metal & Ferrous sector, Welspun Corp Limited on Wednesday announced 8.90% dip in its consolidated net profit to Rs 240.08 crore for the January to March quarter due to increased expense. Earlier, the company had declared ...

This Small Cap Iron & Steel Products Shares Hit 52-Week High; Gains Over 19% Intraday

Shares of Welspun Corp Limited in trade on May 20, 2022 rallied by a sharp over 19% to hit a fresh 52-week high price of Rs. 249 per share. The share last in the previous session closed at Rs. 208.9 apiece ...

Welspun Corp Down 3 Per cent On Receiving Tax Notice

Shares of the Welspun Corp were seen trading lower on Tuesday after the company said that the it has received the assessment order and demand notices. The notice is with respect to the manufacturing unit at Anjar (Gujarat) for an amount ...

PE, Apollo Global Management, to invest $500 mn in Welspun Corp

The promoters of the Welspun Group, a $3 billion textile-to-pipe conglomerate, said in a press conference that private equity heavyweights Apollo Management will be investing $500 million in Group. Transaction should be completed by FY 12. The deal involves ...

Investors should consider Welspun Corp's potential

Welspun Corp formerly Welspun Gujarat Stahl Rohren, is the flagship company of the Welspun Group. It has one of the largest pipe manufacturing company in the world. The company aims to be a one stop solution in the line pipe segment, ...