Welspun Corp gains on securing 26 KMT line pipe order
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Welspun Corp is currently trading at Rs. 212.80, up by 1.30 points or 0.61% from its previous closing of Rs. 211.50 on the BSE.
The scrip opened at Rs. 212.00 and has touched a high and low of Rs. 215.80 and Rs. 211.00 respectively. So far 25591 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 215.80 on 18-Apr-2022 and a 52 week low of Rs. 106.00 on 23-Aug-2021.
Last one week high and low of the scrip stood at Rs. 215.80 and Rs. 189.80 respectively. The current market cap of the company is Rs. 5519.08 crore.
The promoters holding in the company stood at 50.01%, while Institutions and Non-Institutions held 12.84% and 37.15% respectively.
Welspun Corp has secured 26 KMT line pipe order from a long-standing customer in North America. This order will be executed from US facility in Little Rock, Arkansas.
Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.
