News from other websites on Welspun Corp
Welspun to focus on pipe plates biz; demerge other units
Jun 03, 2013 at 19:47 | Source: The Hindu BusinessLine
New Delhi, June 3: Welspun Corp today said it has decided to solely focus on pipe and plates business and all its other units will be de-merged into a separate holding company, Welspun Enterprises Ltd. In a statement, the company said that Welspun C...
Sensex ends up ahead of Q4 GDP data; Tata Motors, M&M lead
May 30, 2013 at 20:12 | Source: DomainB
Equity benchmarks finished higher Thursday after trading in a narrow range for most part of the day. Dealers attributed the late spike to squaring of short positions in the derivatives segment, today being the settlement day for May series. The BSE ...
Welspun Corp to buy back Apollo Global's stake in steel unit; splitting non <b>...</b>
May 30, 2013 at 20:00 | Source: VC Circle
The group had its share of restructuring that involved mergers and demergers of various group firms over the past few years. Apollo Global-backed Welspun Corp Ltd is splitting its steel, oil & gas exploration, energy and infrastructure busine...
'BUY' or 'SELL' ideas from experts for Monday, April 29, 2013
Apr 29, 2013 at 09:46 | Source: Economic Times
NEW DELHI: Markets are expected to trade in a range with a positive bias on Monday after a profit booking session even as the Asian markets remained subdued. ET Now spoke to various experts and here's what they have to recommend for today's trade: A...
Nifty ends below 5900; banks, realty stocks take a breather
Apr 26, 2013 at 19:02 | Source: DomainB
Key equity benchmarks ended down Friday, with the market ignoring good earnings numbers from frontline companies like Maruti Suzuki, Hero Motocorp and ICICI Bank. Brokers attributed the weakness to profit booking, as the market had risen around 6 pe...
Plate unit closure not to impact Welspun Corp
Apr 16, 2013 at 21:42 | Source: The Hindu BusinessLine
Mumbai, April 16: Welspun Corp expects no major impact on its financials due to the closure of plate and coil facility at Anjar in Gujarat. Akhil Jindal, Director, said the demand for plate has remained sluggish for the last few months and the compa...
Order bleak for Welspun Corp division
Apr 14, 2013 at 22:22 | Source: The Hindu BusinessLine
April 14, 2013: The stock of Welspun Corp will come under pressure as the company has decided to temporarily discontinue the plate and coil production at its facility at Anjar, Gujarat due to bleak business opportunities. Welspun Corp is a line-pipe...
Welspun Corp surges; Japan PE fund raises stake
Apr 04, 2013 at 04:30 | Source: firstpost
Reuters Market Eye - Shares in Welspun Corp Ltd (WGSR.NS) gain 6.7 percent after Nippon Investment and Finance Co raises stake in the company to nearly 2.1 percent from 1.55 percent earlier through open market transactions.Nippon, a Japanese private ...
Sensex drops 239 as bears target largecaps; Bharti down 3%
Apr 03, 2013 at 21:07 | Source: DomainB
Benchmark indices tumbled Wednesday, as bears targeted large caps across the board. Renewed speculation about early general elections, a dismal services PMI (Purchasing Managers Index) reading for March, and absence of institutional buying support a...
Sensex tanks below 19,000 mark; Adani Power up 8% on tariff hike report
Apr 03, 2013 at 16:10 | Source: FirstPost
The Indian equity markets erased yesterday’s gains and slumped to close in the red. Sensex closed at 18801.64, down 1.26 percent and the Nifty closed at 5672.90, down 1.31 percent. Expressing commitment to continue with reforms, Prime Minister...
Sensex tanks below 19,000 mark; Adani Power up 8% on tariff hike report
Apr 03, 2013 at 15:54 | Source: firstpost
The Indian equity markets erased yesterday's gains and slumped to close in the red.Sensex closed at 18801.64, down 1.26 percent and the Nifty closed at 5672.90, down 1.31 percent.Expressing commitment to continue with reforms, Prime Minister Manmohan...
Welspun Corp repurchases FCCBs worth $24.4 million
Mar 31, 2013 at 08:00 | Source: NDTV Profit
Mumbai: Welspun Corp, flagship company of the $3.5 billion Welspun Group, said on Friday that it has part repurchased foreign currency convertible bonds (FCCBs) worth $24.4 million through open market route. These bonds, which were due for redemption...
Welspun Corp repurchases FCCBs worth $24.4 million
Mar 30, 2013 at 01:02 | Source: Economic Times
MUMBAI: Welspun Corp, the flagship company of $3.5 billion Welspun Group, today said it has part repurchased foreign currency convertible bonds (FCCBs) worth $ 24.4 million through open market route. These bonds, which were due for redemption in 201...
Welspun repurchases FCCBs worth $24.4 mn
Mar 29, 2013 at 20:00 | Source: NDTV Profit
Mumbai: Welspun Corp, flagship company of the $3.5 billion Welspun Group, said on Friday that it has part repurchased foreign currency convertible bonds (FCCBs) worth $24.4 million through open market route. These bonds, which were due for redemption...
Welspun Corp repurchases FCCBs worth $24.4 mn
Mar 29, 2013 at 19:47 | Source: The Hindu BusinessLine
Mumbai, Mar 29: Welspun Corp, the flagship company of $3.5 billion Welspun Group, today said it has part repurchased foreign currency convertible bonds (FCCBs) worth $24.4 million through open market route. These bonds, which were due for redemption...
Welspun board approves buyback
Mar 15, 2013 at 11:17 | Source: The Hindu BusinessLine
Chennai, March 15: The board of Welspun Corp has approved buyback of part of the outstanding bonds, which the company had issued at 4.5 per cent convertible at $150 million (about Rs 800 crore). The bonds were listed on Singapore Exchange Securities...
Sensex, Nifty drop over 1%; India VIX up 22% this week
Mar 13, 2013 at 19:52 | Source: DomainB
Key benchmarks lost over a percent each as traders unwound their long positions in the absence of institutional buying support. The BSE Sensex dropped over 200 points to close at the low point of the day at 19362.55. The NSE Nifty shed over 60 point...
Is it time to buy midcaps after over 15% fall from January peak?
Mar 04, 2013 at 19:52 | Source: Economic Times
MUMBAI: Continued heavy selling in the broader markets over the past few sessions saw the midcap and smallcap indices plunge over 15 per cent and 20 per cent, respectively, from their January 2013 peak. According to market sources, the selling press...
Sensex rallies as Survey says worst for eco over; Jet soars
Feb 27, 2013 at 21:17 | Source: DomainB
Equity benchmarks rallied Wednesday after the Economic Survey said that the current economic downturn may have run its course, and things were looking up. Midcap shares continued to be under pressure as cash-strapped traders unwound their positions,...
Mid Cap carnage continues; Welspun, Aanjaneya Life, DB Realty under pressure
Feb 26, 2013 at 12:37 | Source: Economic Times
NEW DELHI: Select mid-cap stocks came under pressure for a second day in a row on Tuesday, a day after mid-cap stocks plunged on talks of a major sell-off by financial firms of stocks held by a leading Mumbai-based investor. At 11:20 am, Welspun Cor...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
