Welspun Specialty Solutions trades jubilantly on bagging contract for supply of Seamless stainless steel Boiler Tubes
Welspun Specialty Solutions is currently trading at Rs. 42.25, up by 4.42 points or 11.68% from its previous closing of Rs. 37.83 on the BSE.
The scrip opened at Rs. 41.00 and has touched a high and low of Rs. 44.40 and Rs. 40.50 respectively. So far 1875805 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 6 has touched a 52 week high of Rs. 46.03 on 25-Jan-2024 and a 52 week low of Rs. 25.85 on 23-Jun-2023.
Last one week high and low of the scrip stood at Rs. 44.40 and Rs. 37.35 respectively. The current market cap of the company is Rs. 2257.12 crore.
The promoters holding in the company stood at 55.17%, while Non-Institutions held 44.83% in the company.
Welspun Specialty Solutions (WSSL) has been notified as L1 bidder by Bharat Heavy Electricals (BHEL, Trichy) for supply of Seamless stainless steel Boiler Tubes for National Thermal Power Corporation (NTPC) Talcher 2 x 660 MW Super critical Thermal Power Project. WSSL had participated in the said tender after stringent assessment and subsequent approval by both BHEL & NTPC. The total supply contract value will be around Rs 117 crore (including GST).
Welspun Specialty Solutions (Erstwhile RMG Alloy Steel), is a world class manufacturer of best in class Alloy & Stainless-Steel products that are globally benchmarked.
