Welspun Enterprises Limited has announced updates for the project - upgradation of Roads / Two Laning of Roads / Two Laning of Road with paved shoulder under MRIP Package on Hybrid Annuity Mode (HAM) Package No. AM2 under Public Works Circle, Amravati in Maharashtra State ("the Project").
The Public Works Department ("PWD") has declared the Appointed Date for the Project as May 28, 2019.
The Bid Project Cost is Rs. 1,460 crore and first year 0&M cost of 18.51.50 crore. The construction period is 2 years from the Appointed Date and O&M period is 10 years after Commercial Operation Date. The project has achieved the financial closure.
Shares of Welspun Enterprises Ltd was last trading in BSE at Rs.133.75 as compared to the previous close of Rs. 131.55. The total number of shares traded during the day was 15017 in over 368 trades.
The stock hit an intraday high of Rs. 133.9 and intraday low of 129. The net turnover during the day was Rs. 1997124.