Shares of Welspun Corp hit 5% upper circuit to Rs. 113.70 in early morning session.
Welspun Corp has acquired more than one orders of about 147 KMT valuing near Rs. 1,400 crore. These orders might be performed from India and will assist improve the mill utilization for our India centers. The inflow of orders isn’t simplest from the home O&G and Water enterprise but additionally from exports. This shows our sturdy positioning in all the markets.
With these orders, the Company’s order e-book stands at 755 KMT worth about Rs. 6,300 crore, after thinking about execution up to August 2020.
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