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Welspun Enterprises Ltd (WELS.NS)

WELS.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

India's Welspun Enterprises June Qtr Consol Profit Falls
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Welspun Enterprises Ltd ::JUNE QUARTER CONSOL PROFIT 197.9 MILLION RUPEES VERSUS 227.8 MILLION RUPEES YEAR AGO.JUNE QUARTER CONSOL REVENUE FROM OPERATIONS 5.23 BILLION RUPEES VERSUS 3.55 BILLION RUPEES YEAR AGO.  Full Article

India's Welspun Enterprises March-Qtr Consol Net Profit Rises
Wednesday, 15 May 2019 

May 15 (Reuters) - Welspun Enterprises Ltd ::MARCH QUARTER CONSOL NET PROFIT 295.6 MILLION RUPEES VERSUS 251.9 MILLION RUPEES YEAR AGO.MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 7.25 BILLION RUPEES VERSUS 4.05 BILLION RUPEES YEAR AGO.RECOMMENDED DIVIDEND OF 2 RUPEES PER SHARE.  Full Article

Welspun Enterprises Says Completely Divested Its 50 Pct Stake In DBCL For 1.84 Bln Rupees
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Welspun Enterprises Ltd ::COMPLETELY DIVESTED ITS 50 PCT STAKE IN DBCL FOR 1.84 BILLION RUPEES.COMPLETED TRANSACTION FOR SALE OF BALANCE 13 PERCENT STAKE IN DBCL WITH INDIA INFRASTRUCTURE FUND-II FOR 577 MILLION RUPEES.  Full Article

Welspun Enterprises' Unit And National Highways Authority Of India Execute Concession Deal
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Welspun Enterprises Ltd ::NATIONAL HIGHWAYS AUTHORITY OF INDIA AND CO'S UNIT EXECUTED CONCESSION DEAL FOR 4-LANING SECTION OF NH-45A IN TAMIL NADU.CO'S UNIT WILL DEVELOP PROJECT AT BID PROJECT COST OF 20.05 BILLION RUPEES AND FIRST YEAR O&M COST OF 50 MILLION RUPEES.CONSTRUCTION PERIOD IS 2 YEARS.  Full Article

Welspun Enterprises To Sell Balance 13 Pct Stake In Dewas Bhopal Corridor For 577 Mln Rupees
Friday, 23 Nov 2018 

Nov 23 (Reuters) - Welspun Enterprises Ltd ::TO SELL BALANCE 13 PERCENT STAKE IN DEWAS BHOPAL CORRIDOR FOR 577 MILLION RUPEES.CO LIKELY TO GET ABOUT 200 MILLION RUPEES AS DEFERRED CONSIDERATION.  Full Article

India's Welspun Enterprises Says Co Emerges As Lowest Bidder For Tamil Nadu NHAI Project
Wednesday, 9 May 2018 

May 9 (Reuters) - Welspun Enterprises Ltd ::CO EMERGES AS LOWEST BIDDER AT BID PRICE OF 18.37 BILLION RUPEES FOR TAMIL NADU NHAI PROJECT.CO HAS NOT RECEIVED LETTER OF AWARD FROM NHAI REGARDING THE PROJECT.  Full Article

Welspun Enterprises' Unit Inks Concession Pact With Madhya Pradesh State Industrial Development Corp
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Welspun Enterprises Ltd ::MADHYA PRADESH STATE INDUSTRIAL DEVELOPMENT CORP, UNIT DEWAS WATERPROJECTS WORKS ENTERS CONCESSION AGREEMENT.AGREEMENT FOR RESTRUCTURING DEWAS INDUSTRIAL WATER SUPPLY PROJECT.SAYS ESTIMATED PROJECT COST OF RESTRUCTURED PROJECT IS 1.18 BILLION RUPEES.WELSPUN ENTERPRISES -PROJECT CONSTRUCTION SCHEDULE IS 12 MONTHS, CONCESSION PERIOD IS UP TO JUNE 15 2037 AFTER WHICH IT WILL BE TRANSFERRED TO MPSIDC.  Full Article

India's Welspun Enterprises Decides Not To Invest In NBFC Venture
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Welspun Enterprises Ltd ::SAYS NOT TO INVEST IN YET-TO-BE-OPERATIONAL WELSPUN FINANCIAL SERVICES LIMITED.  Full Article

India's Welspun Enterprises Sept qtr profit surges
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Welspun Enterprises Ltd :Sept quarter net profit 259 million rupees versus profit 28.6 million rupees year ago.Sept quarter revenue from operations 1.45 billion rupees versus 350.4 million rupees year ago.  Full Article