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Propel Plastic Products Private Limited, a wholly owned subsidiary of Welspun Corp Limited (WCL), has discharged the consideration to the creditors of Sintex-BAPL Limited for an amount aggregating Rs 1,251 crore in the form of upfront cash in terms of the approved resolution plan. Pursuant to the implementation of the Approved Resolution Plan, Propel has merged with SBAPL with effect from March 29, 2023, Welspun Corp said in a filing to stock exchanges. Consequent to the merger, S...
Welspun Corp completes acquisition of Sintex-BAPL
Welspun Corp is currently trading at Rs. 212.50, up by 1.95 points or 0.93% from its previous closing of Rs. 210.55 on the BSE. The scrip opened at Rs. 209.65 and has touched a high and low of Rs. 214.00 and Rs. 208.50 respectively. So far 29376 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 298.35 on 22-Sep-2022 and a 52 week low of Rs. 139.10 on 16-Mar-2022. Last one week high and low of the scrip stood at Rs...
Welspun Corp rises as its arm gets 'kitemark' certificate by BSI UK
Welspun Corp is currently trading at Rs. 195.00, up by 2.30 points or 1.19% from its previous closing of Rs. 192.70 on the BSE. The scrip opened at Rs. 192.20 and has touched a high and low of Rs. 195.30 and Rs. 187.35 respectively. So far 29129 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 298.35 on 22-Sep-2022 and a 52 week low of Rs. 135.55 on 07-Mar-2022. Last one week high and low of the scrip stood at Rs...
Welspun Corp rises on securing contract for export of LSAW Pipes, Bends
Welspun Corp is currently trading at Rs. 209.55, up by 5.85 points or 2.87% from its previous closing of Rs. 203.70 on the BSE. The scrip opened at Rs. 203.00 and has touched a high and low of Rs. 211.15 and Rs. 201.65 respectively. So far 20583 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 298.35 on 22-Sep-2022 and a 52 week low of Rs. 135.55 on 07-Mar-2022. Last one week high and low of the scrip stood at Rs...
Welspun Corp soars on commissioning Coke Oven plant in Anjar
Welspun Corp is currently trading at Rs. 245.30, up by 2.90 points or 1.20% from its previous closing of Rs. 242.40 on the BSE. The scrip opened at Rs. 242.65 and has touched a high and low of Rs. 246.70 and Rs. 242.05 respectively. So far 22268 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 298.35 on 22-Sep-2022 and a 52 week low of Rs. 135.55 on 07-Mar-2022. Last one week high and low of the scrip stood at Rs...
Welspun Corp soars on getting possession of moveable properties from liquidator of ABG Shipyard
Highlights from the Quarter (Q2 FY23) : During Q2 FY23, the top line fell by 15.0% yoy to Rs.2,113.5 cr and on a sequential basis, the top line was up 8.0%. Home textiles reported de-growth of 15% yoy in revenue to Rs.2,011 cr, while flooring revenue reported flat yoy growth to Rs.160 cr. In the US, past inventory of home textiles resulted in subdued performance for Q2FY23. The company expects demand to pick up in a couple of quarters in the US, while in India, it is seeing good demand bui...
Buy Welspun Corp Ltd For Target Rs.118 - Sushil Finance Ltd
Welspun Corp Ltd. (WELCORP) * WELCORP had a stellar performance for the initial 3 years after listing in the year 2005 as it surged from double-digit to a record high of 442 in 2008. But, the performance didn’t last for long as it not only reversed those gains but also made a new record low at 22 levels in 2013. * Post correction, it witnessed a prolonged consolidation phase which finally ended in December 2021 * It has been seeing a steady rise since then and gradually inching...
Buy Welspun Corp Ltd For Target Rs.1,638 - Religare Broking
Welspun Corp is currently trading at Rs. 272.30, up by 5.55 points or 2.08% from its previous closing of Rs. 266.75 on the BSE. The scrip opened at Rs. 269.40 and has touched a high and low of Rs. 274.75 and Rs. 268.35 respectively. So far 125548 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 274.75 on 20-Sep-2022 and a 52 week low of Rs. 121.95 on 20-Sep-2021. Last one week high and low of the scrip stood at R...
Welspun Corp climbs on acquiring entire share capital of Nauyaan Shipyard
Welspun Corp is currently trading at Rs. 256.55, up by 9.05 points or 3.66% from its previous closing of Rs. 247.50 on the BSE. The scrip opened at Rs. 252.30 and has touched a high and low of Rs. 258.70 and Rs. 251.00 respectively. So far 533731 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 267.50 on 15-Sep-2022 and a 52 week low of Rs. 119.20 on 17-Sep-2021. Last one week high and low of the scrip stood at R...
Welspun Corp soars on securing order for Carbon Capture Pipeline project in United States
Key News L&T Infotech Q1 Results | Net profit rises 28% YoY to Rs 633 crore L&T Infotech on July 14 reported a consolidated profit after tax (PAT) of Rs 633.50 crore for the quarter ended June 2022, up 27.64 percent from Rs 496.30 crore a year back. On a sequential basis, profit for the quarter was almost flat compared to the reported profit of Rs 637 crore in the March quarter. Consolidated revenue from operations came in higher by 30.62 percent at Rs 4,522.8 crore for the q...
Key News - L&T Infotech Ltd, Murugappa Group, FMCG, Bharti Airtel Ltd, Welspun Corp Ltd, Shapoorji Pallonji Group By ARETE Securities
Welspun Corp is currently trading at Rs. 211.50, up by 0.65 points or 0.31% from its previous closing of Rs. 210.85 on the BSE. The scrip opened at Rs. 211.20 and has touched a high and low of Rs. 214.60 and Rs. 207.00 respectively. So far 49767 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 250.50 on 20-May-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...
Welspun Corp surges after its associate company bags contract for manufacture and supply of steel pipes
Welspun Corp is currently trading at Rs. 221.00, up by 7.95 points or 3.73% from its previous closing of Rs. 213.05 on the BSE. The scrip opened at Rs. 223.00 and has touched a high and low of Rs. 223.70 and Rs. 216.35 respectively. So far 56944 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 250.50 on 20-May-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...
Welspun Corp shines on bagging another order for pipeline project in Australia
Welspun Corp is currently trading at Rs. 235.65, up by 3.45 points or 1.49% from its previous closing of Rs. 232.20 on the BSE. The scrip opened at Rs. 231.15 and has touched a high and low of Rs. 236.70 and Rs. 230.30 respectively. So far 60740 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 250.50 on 20-May-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...
Welspun Corp surges in signing MoU with Tata Steel
Welspun Corp is currently trading at Rs. 220.05, up by 14.05 points or 6.82% from its previous closing of Rs. 206.00 on the BSE. The scrip opened at Rs. 211.00 and has touched a high and low of Rs. 222.05 and Rs. 205.00 respectively. So far 83886 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 250.50 on 20-May-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 R...
Welspun Corp jumps on getting nod for investment in Welspun Transformation Services
Welspun Corp is currently trading at Rs. 239.00, up by 30.25 points or 14.49% from its previous closing of Rs. 208.75 on the BSE. The scrip opened at Rs. 209.60 and has touched a high and low of Rs. 240.15 and Rs. 209.60 respectively. So far 731788 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 240.15 on 20-May-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...
Welspun Corp hits new 52-week high on securing single largest order worth over Rs 5000 crore in US
Welspun Corp is currently trading at Rs. 202.85, up by 4.05 points or 2.04% from its previous closing of Rs. 198.80 on the BSE. The scrip opened at Rs. 203.95 and has touched a high and low of Rs. 205.20 and Rs. 201.10 respectively. So far 3372 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 222.00 on 22-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....
Welspun Corp surges on bagging Rs 706 crore order from Indian Oil Corporation
Welspun Corp is currently trading at Rs. 210.55, up by 1.00 points or 0.48% from its previous closing of Rs. 209.55 on the BSE. The scrip opened at Rs. 211.00 and has touched a high and low of Rs. 212.50 and Rs. 207.00 respectively. So far 57830 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 222.00 on 22-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...
Welspun Corp gains on getting export order from South East Asia
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...
Welspun Corp gains on securing 26 KMT line pipe order
Welspun Corp is currently trading at Rs. 198.40, up by 4.35 points or 2.24% from its previous closing of Rs. 194.05 on the BSE. The scrip opened at Rs. 191.05 and has touched a high and low of Rs. 199.50 and Rs. 189.80 respectively. So far 119145 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 207.10 on 07-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 R...
Welspun Corp jumps on acquiring additional NCDs of Sintex BAPL
Welspun India is currently trading at Rs. 142.00, up by 4.50 points or 3.27% from its previous closing of Rs. 137.50 on the BSE. The scrip opened at Rs. 134.20 and has touched a high and low of Rs. 142.60 and Rs. 134.20 respectively. So far 117538 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 170.75 on 12-Oct-2021 and a 52 week low of Rs. 65.55 on 27-Jan-2021. Last one week high and low of the scrip stood at R...
Welspun India jumps on the bourses
* On weekly chart stock has given multiple breakouts, previously it has given symmetrical triangle breakout and now strong resistance breakout. * Strong volume has been witnessed at the time of breakout. * Momentum indicator MACD also ranging in positive territory. Buy Welspun Corp Ltd - BUY @ 169-170 TGT 185 Stop Loss Below Rs. 161 CB Duration 1 Week To Read Complete Report & Disclaimer Click Here Pl...
LKP Spade, Weekly Pick - Buy Welspun Corp Limited For Target Rs. 185 - LKP Securities
On the daily timeframe, the stock has confirmed the breakout of the Inverse Head & Shoulder pattern and moved above the neckline with good volume spurt, which indicates bullish strength in the counter. The price has also moved above Ichimoku Cloud & the upper leg of “Bollinger Band” which suggests a bullish rally will continue further in the near-term. On a weekly chart, the stock price has shifted above the 61.8% Retracement Level and above the prior swing highs of ...
Stock Idea - Welspun Corp Ltd By Choice Broking
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...
Welspun Corp zooms on signing MoU with BP India
Welspun Corp is currently trading at Rs. 123.90, up by 2.50 points or 2.06% from its previous closing of Rs. 121.40 on the BSE. The scrip opened at Rs. 121.95 and has touched a high and low of Rs. 125.45 and Rs. 121.95 respectively. So far 45459 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. 97.60 on 24-Sep-2020. Last one week high and low of the scrip stood at Rs....
Welspun Corp surges on bagging multiple orders of Rs 1,400 crore
Welspun Corp is currently trading at Rs. 131.80, up by 2.55 points or 1.97% from its previous closing of Rs. 129.25 on the BSE. The scrip opened at Rs. 130.00 and has touched a high and low of Rs. 136.20 and Rs. 129.30 respectively. So far 64132 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 145.50 on 08-Jan-2021 and a 52 week low of Rs. 55.00 on 22-May-2020. Last one week high and low of the scrip stood at Rs....
Welspun Corp jumps on bagging orders of Rs 777 crore
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