Welspun Corp Limited receives multiple orders of approx. Rs. 777 crore

Welspun Corp Limited have received multiple orders of approximately 93 KMT valuing close to INR 777 Cr. This includes a single order of approximately 50 KMT received from a large client in Middle East which would be executed from our facility in Saudi Arabia. Most of the other orders received will be executed from our facilities in India for domestic market.

With these orders, the Company's order book stands at 586 KMT valued at approximately INR 5,300 Cr, after considering execution up to February 2021.

Shares of Welspun Corp Limited was last trading in BSE at Rs.132.1 as compared to the previous close of Rs. 135.25. The total number of shares traded during the day was 148317 in over 1142 trades.

The stock hit an intraday high of Rs. 135.55 and intraday low of 130.6. The net turnover during the day was Rs. 19668084.

Source : Equity Bulls

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