Walchandnagar Industries touches roof on receiving contract worth Rs 30.75 crore
Walchandnagar Industries is currently trading at upper limit of Rs. 162.05, up by 7.70 points or 4.99% from its previous closing of Rs. 154.35 on the BSE.
The scrip opened at Rs. 158.05 and has touched a high and low of Rs. 162.05 and Rs. 154.35 respectively. So far 1599 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 438.00 on 01-Aug-2024 and a 52 week low of Rs. 142.95 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 173.40 and Rs. 151.55 respectively. The current market cap of the company is Rs. 1093.18 crore.
The promoters holding in the company stood at 31.53%, while Institutions and Non-Institutions held 0.69% and 67.78% respectively.
Walchandnagar Industries has received a contract from Vikram Sarabhai Space Centre (VSSC), worth Rs 30.75 crore for the fabrication and supply of S139 segment hardware. The contract is valid for a period five years from the effective date of March 28, 2025 or until fourteen months after the supply of the last hardware supplied against this contract.
The contract execution involves fabrication and supply of 5 quantities each of S139 Head End Segment (HES) Hardware, S139 Middle Segment (MS) Hardware and S139 Nozzle End Segment (NES) Hardware of 2.8 meter nominal diameter in Maraging Steel. The company will commence delivery of the first S139 end segment starting six months from the receipt of free issue materials for the segment.
Walchandnagar Industries (WIL) is an ISO 9001: 2015 certified Indian company with global presence and diversified business portfolio in Projects, Products and High-tech Manufacturing. The company has established its name as one of the best in its operational areas.
