Welspun Corp zooms on signing MoU with BP India
Welspun Corp is currently trading at Rs. 136.95, up by 7.90 points or 6.12% from its previous closing of Rs. 129.05 on the BSE.
The scrip opened at Rs. 129.65 and has touched a high and low of Rs. 138.50 and Rs. 128.65 respectively. So far 207759 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 165.00 on 09-Jun-2021 and a 52 week low of Rs. 99.00 on 04-Nov-2020.
Last one week high and low of the scrip stood at Rs. 153.60 and Rs. 127.20 respectively. The current market cap of the company is Rs. 3550.22 crore.
The promoters holding in the company stood at 50.01%, while Institutions and Non-Institutions held 19.73% and 30.26% respectively.
Welspun Corp has signed a MoU with BP India. The scope of the MoU is to jointly explore carbon emission mitigation and reduction opportunities in Welspun Corp's energy, logistics, mobility and waste management activities.
Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.