Welspun Enterprises Ltd declared L1 bidder by BMC

Welspun Enterprises Limited has been declared as L1 bidder by the Brihanmumbai Municipal Corporation ("Client") for a Design and Build ("DB") Contract for design and construction of Tertiary Treated Water Conveyance Tunnel from Dharavi WWTF to Ghatkopar WWTF ("Project"). The key scope of contract includes design and construction of a 8.48 km tunnel with a 3,500 mm bored diameter, to be executed within a period of 93 months using a tunnel boring machine. Our offer excluding GST is ~Rs. 1,989.90 Crores.

Shares of Welspun Enterprises Limited was last trading in BSE at Rs. 556.65 as compared to the previous close of Rs. 566.40. The total number of shares traded during the day was 19626 in over 1197 trades.

The stock hit an intraday high of Rs. 569.00 and intraday low of 552.90. The net turnover during the day was Rs. 11001485.00.

Source : Equity Bulls

Keywords

WelspunEnterprises INE625G01013 L1 BMC BrihanmumbaiMunicipalCorporation OrderWin