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Welspun Corp get Rs 1000cr order; stock rises 3.2%
Welspun Corp got orders worth Rs 1000 crore from US, Gulf Region. The orders will be executed within 6-9 months, reports CNBC-TV18, quoting Sources. It touched an intraday high of Rs 160.90 and an intraday low of Rs 157. At 09:40 hrs the share was quoting at Rs 160.30, up Rs 5, or 3.22% on the NSE.
Welspun Corp touched an intraday high of Rs 160.90 and an intraday low of Rs 157. At 09:40 hrs the share was quoting at Rs 160.30, up Rs 5, or 3.22% on the NSE.
The company got orders worth Rs 1000 crore from US, Gulf Region. The orders will be executed within 6-9 months, reports CNBC-TV18, quoting Sources.
The company's current order book stands at Rs 5,582 crore.
It was trading with volumes of 69,002 shares. In the previous trading session, the share closed down 1.40% or Rs 2.20 at Rs 155.30.