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At around 11.04 AM, Welspun Corp was trading 5.11% higher at ₹958, against the previous close of ₹911.45 on NSE.
These segments require heavy-duty pipes, such as 24-inch lines, which Welspun was previously unable to manufacture but will now be able to with the new capacity.
On the revenue side, Welspun Corp recorded a 127% QoQ surge in net profit at ₹674.7 crore in the Dec 2024 quarter versus ₹297.9 crore in the corresponding quarter last year.
This is on top of the ₹3,000 crore orders received earlier by Welspun Corp for similar projects in the US.
The company has launched a co-investment program to meet the growing scale and capital intensity of its investments, targeting commitments of up to ₹1,000 crore, with ₹600 crore already visible
Here are some of the stocks that may see significant price movement today: Welspun Corp, Swiggy, Welspun Enterprises, etc.
WCL has announced the cooperation at the Aramco IKTVA Forum and Exhibition 2025 conducted for the encouragement of industrial collaboration between the parties.
Here are some of the stocks that may see significant price movement: Godrej Consumer Products, Biocon, Paytm, etc.
The park was once planned to be 1.2 million square feet in size, requiring an investment of Rs 700 crore.
Consolidated revenue for the quarter ended September 30, 2024, stood at ₹3,364 crore, an 18.6% decline from the ₹4,059.45 crore recorded in the same quarter last year.
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