Welspun Corp Ltd (WGSR.BO)
47.65INR
3:16pm IST
Rs-1.35 (-2.76%)
Rs50.05
Rs49.10
Rs49.10
Rs47.15
554,594
638,314
Rs126.70
Rs43.75
About
Overall
| Beta: | 1.97 |
| Market Cap (Mil.): | Rs12,957.02 |
| Shares Outstanding (Mil.): | 262.82 |
| Dividend: | 0.50 |
| Yield (%): | 1.01 |
Financials
| WGSR.BO | Industry | Sector | |
|---|---|---|---|
| P/E (TTM): | 46.41 | 7.61 | 21.88 |
| EPS (TTM): | 1.06 | -- | -- |
| ROI: | -- | -0.98 | 16.42 |
| ROE: | -- | -1.47 | 18.72 |
Welspun Corp surges; Japan PE fund raises stake
Reuters Market Eye - Shares in Welspun Corp Ltd gain 6.7 percent after Nippon Investment and Finance Co raises stake in the company to nearly 2.1 percent from 1.55 percent earlier through open market transactions.
MARKET EYE-India's Welspun Corp surges; Japan PE fund raises stake
* Shares in India's Welspun Corp Ltd gain 6.7 percent after Nippon Investment and Finance Co raises stake in the company to nearly 2.1 percent from 1.55 percent earlier through open market transactions. * Nippon, a Japanese private equity unit of Daiwa Finance Co Ltd, bought 1.39 million shares of Welspun Corp at 56.19 rupees a piece in a block deal on Tuesday, according to BSE data. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.thomsonreuters.com@reuters.net)
UPDATE 1-Indian midcap shares slump on talk of sale of pledged shares
* Midcap shares have been hit hard this year (Adds analyst quote, details, background)
Indian midcap shares slump on talk of sale of pledged shares
MUMBAI, Feb 25 - Indian mid- and small-sized stocks slumped on Monday, with welded steel pipe maker Welspun Corp Ltd falling as much as 28 percent, on speculation that the pledged shares of these companies were being sold off, dealers said.
Apollo converts Welspun Corp debenture at 60 percent premium
Private equity major Apollo Global Management has converted its convertible debenture in pipe manufacturing firm Welspun Corp at a 60 per cent premium. Welspun Corp said that it will allot little over 35 million shares for one unsecured compulsorily convertible debenture of Rs 788.3 crore held by Granele, an affiliate of Apollo.

Estimates