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India

Welspun Corp Ltd (WGSR.NS)

WGSR.NS on National Stock Exchange of India

137.95INR
3:56pm IST
Change (% chg)

Rs6.25 (+4.75%)
Prev Close
Rs131.70
Open
Rs130.20
Day's High
Rs138.85
Day's Low
Rs130.20
Volume
449,932
Avg. Vol
400,655
52-wk High
Rs163.90
52-wk Low
Rs86.80

Latest Key Developments (Source: Significant Developments)

Welspun Corp Says Commercial Production Of Pipes Commences At Spiral Pipe Plant In Jamunia
Thursday, 20 Jun 2019 

June 20 (Reuters) - Welspun Corp Ltd ::SAYS COMMERCIAL PRODUCTION OF PIPES HAS SUCCESSFULLY COMMENCED AT OUR SPIRAL PIPE PLANT IN JAMUNIA.SAYS PLANT HAS A CAPACITY OF AROUND 175 KMT P.A.  Full Article

India's Welspun Corp March-Qtr Loss Widens
Wednesday, 15 May 2019 

May 15 (Reuters) - Welspun Corp Ltd ::MARCH QUARTER CONSOL NET LOSS 1.49 BILLION RUPEES VERSUS LOSS OF 45.2 MILLION RUPEES LAST YEAR.MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 26.86 BILLION RUPEES VERSUS 12.21 BILLION RUPEES LAST YEAR.RECOMMENDED DIVIDEND OF 0.5 RUPEES PER SHARE.WELSPUN CORP - APPROVED BUYBACK PROPOSAL FOR A MAXIMUM AGGREGATE AMOUNT UP TO 3.9 BILLION RUPEES.  Full Article

India's Welspun Corp Sept-Qtr Consol Net Profit Rises
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Welspun Corp Ltd ::SEPT QUARTER CONSOL NET PROFIT 586.9 MILLION RUPEES VERSUS PROFIT OF 417.6 MILLION RUPEES LAST YEAR.SEPT QUARTER CONSOL REVENUE FROM OPERATIONS 22.90 BILLION RUPEES VERSUS 19.22 BILLION RUPEES LAST YEAR.SAYS PIPE ORDER BOOK STANDS AT 1,721K MTS AT QUARTER END.SAYS ACTIVE MEASURES ARE BEING CONTINUOUSLY TAKEN TO IMPROVE CAPACITY UTILISATION OF PLATE AND COIL MILLS DIVISION.  Full Article

Welspun Corp Gets Order For Supply Of Pipes For Oil & Gas Project
Monday, 11 Jun 2018 

June 11 (Reuters) - Welspun Corp Ltd ::GETS ORDER FOR SUPPLY OF PIPES FOR OIL & GAS PROJECT IN AMERICA.  Full Article

Welspun Corp Gets Contract For Water Project In MENA Region
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Welspun Corp Ltd ::SAYS GOT A CONTRACT FOR SUPPLY OF @ 417 K MTS OF LARGE DIAMETER PIPES FOR A WATER PROJECT IN MENA REGION.SAYS CURRENT ORDER BOOK STANDS VALUED AT 95.44 BILLION RUPEES.  Full Article

India's Welspun Corp Posts Dec-Qtr Consol Net Profit
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Welspun Corp Ltd ::DEC QUARTER CONSOL NET PROFIT 663.9 MILLION RUPEES VERSUS LOSS OF 39.2 MILLION RUPEES LAST YEAR.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 22.30 BILLION RUPEES VERSUS 11.41 BILLION RUPEES LAST YEAR.SAYS CONTINUED STRENGTH IN VOLUMES OUTLOOK IS EXPECTED TO HAVE A POSITIVE IMPACT ON THE MARGINS FOR NEXT FISCAL.SAYS DOMESTIC MARKET CONTINUES TO WITNESS STRONG DEMAND BOTH IN WATER AS WELL AS OIL & GAS SEGMENT.SAYS "EXPECT MENA REGION OIL & GAS SEGMENT DEMAND TO PICK-UP OVER NEXT FEW QUARTERS"‍​.SAYS "DEMAND OUTLOOK FOR OUR PLATE AND COIL MILLS DIVISION REMAINS SATISFACTORY, ALTHOUGH MARGIN CHALLENGES REMAIN"‍​.  Full Article

India's Welspun Corp Gets Order For Supply Of Pipes
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Welspun Corp Ltd ::SAYS GETS ORDER FOR SUPPLY OF PIPES FOR WATER PROJECT IN INDIA.  Full Article

Welspun gets contract for supply of pipes‍​ from Middle East and North Africa region
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Welspun Corp Ltd ::Says awarded contract from a customer in Middle East and North Africa region for supply of pipes‍​.  Full Article

Welspun Corp appoints Vipul Mathur as MD, CEO
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Welspun Corp Ltd :Says resignation of Lalit Naik as CEO, MD‍​.Says appointment of Vipul Mathur as MD, CEO.  Full Article

India's Welspun Corp posts Sept-qtr consol profit
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Welspun Corp Ltd ::Sept quarter consol net profit 417.6 million rupees versus loss of 336.4 million rupees last year.Sept quarter consol revenue from operations 19.22 billion rupees versus 11.53 billion rupees last year.Says "maintain positive outlook on volumes for next fiscal‍​".Says "H1FY18 margins were driven by execution of some niche orders and may not be sustained on an annual basis".  Full Article

BUZZ-Welspun Corp falls as higher costs widen Indian co's quarterly loss

** Shares of Welspun Corp Limited fall as much as 6.8% to 127 rupees, their biggest intraday pct fall since Feb. 7