WPIL Ltd Share Price

Summary

WPIL Limited (formerly known as Worthington Pump India Limited) was incorporated in 1952. In view of disinvestment of their stake and termination of Technology License Agreement with Ingersoll-Dresser Pump Co., USA, the name of the Company was changed to WPIL Limited with effect from 17th September, 1996. The Company is engaged in the in the business of providing fluid handling solutions - from supply of pumps to turnkey project execution. It supplies a comprehensive range of pumps to the Industrial, municipal, irrigation and power sector. The Company also has a strong project division which undertakes water management contracts in the above sectors.It has two manufacturing facilities, situated at Panihati in Kolkata and Ghaziabad in U.P. The mother plant is situated at Panihati which caters to manufacturing needs of large Vertical Turbine Pumps. Ghaziabad plant manufactures Submersible Pumps and Castings in its Foundry.Energy efficient Induction furnace to replace existing Cupola furnaces were commissioned in Jan2012. The Company commissioned Indias largest metallic CW Pumps for 2x700 MW Rajpura Power Plant and exported Sea Water pumps in super duplex steel in 2014. It commissioned projects in MPGCL, Malwa and Satpura Power Plants and Avantha Korba site. The Engineered Pump Division at Nagpur was operational in 2015. The Ash Slurry Handling Pumps in thermal power plants were commissioned in 2015. The Pranahita Chevalla Lift Irrigation projects in Telengana were commissioned
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