Welspun India Ltd posted results for the third quarter ended 31st December, 2015.
The net profit for the quarter stands at Rs.174.1 crore as against Rs. 143.6 crore (YoY).
The total income for the quarter was at Rs.1490 crore as against Rs. 1346 Crore (YoY).
Welspun India Ltd is currently trading at Rs. 874.45, up by Rs. 29 or 3.43% from its previous closing of Rs. 845.45 on the BSE.
The scrip opened at Rs. 851.5 and has touched a high and low of Rs. 878 and Rs. 843.1 respectively. So far 146584(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 8494.45 crore.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 963.1 on 04-Aug-2015 and a 52 week low of Rs. 319.5 on 16-Mar-2015. Last one week high and low of the scrip stood at Rs. 872.8 and Rs. 819.3 respectively.
The promoters holding in the company stood at 73.48 % while Institutions and Non-Institutions held 13.68 % and 12.84 % respectively.
The stock is currently trading below its 50 DMA.