Welspun Enterprises share price rose 3 percent in the early trade on September 30 after the company receives an order worth Rs 1,989.9 crore from the Brihanmumbai Municipal Corporation (BMC).
At 09:20am, Welspun Enterprises was quoting at Rs 574.40, up Rs 17.75, or 3.19 percent, on the BSE.
".... has been declared as L1 bidder by the Brihanmumbai Municipal Corporation for a design and build contract for design and construction of Tertiary Treated Water Conveyance Tunnel from Dharavi WWTF to Ghatkopar WWTF.
The key scope of the contract includes the design and construction of an 8.48 km tunnel with a 3,500 mm bored diameter, to be executed within a period of 93 months using a tunnel boring machine.
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The share touched a 52-week high of Rs 619.00 and a 52-week low of Rs 241.00 on 26 August 2024 and 26 October 2023, respectively.
Currently, the stock is trading 10.07 percent below its 52-week high and 130.98 percent above its 52-week low.
The share price gained nearly 100 percent in the last one year.
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