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Welspun Corp Ltd (WGSR.NS)

WGSR.NS on National Stock Exchange of India

132.10INR
18 May 2018
Change (% chg)

Rs-5.20 (-3.79%)
Prev Close
Rs137.30
Open
Rs137.65
Day's High
Rs137.65
Day's Low
Rs130.75
Volume
142,672
Avg. Vol
652,220
52-wk High
Rs197.15
52-wk Low
Rs83.10

Latest Key Developments (Source: Significant Developments)

India's Welspun Corp Posts March Qtr Consol Net Loss
Wednesday, 2 May 2018 

May 2 (Reuters) - Welspun Corp Ltd ::RECOMMENDED DIVIDEND OF 0.50 RUPEES PER SHARE.MARCH QUARTER CONSOL NET LOSS 45.2 MILLION RUPEES VERSUS PROFIT OF 733.8 MILLION RUPEES LAST YEAR.MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 15.89 BILLION RUPEES VERSUS 19.59 BILLION RUPEES LAST YEAR.SAYS CURRENT PIPE ORDER BOOK STANDS AT 109 BILLION RUPEES.SAYS NET DEBT STOOD AT 4.22 BILLION RUPEES AS AT MARCH 31, 2018.EXPECT GOOD ORDER INFLOWS TO CONTINUE IN FY19 ON ACCOUNT OF HIGH ENERGY PRICES, EXPANSION OF NATIONAL GAS GRID IN INDIA.SAYS "DEMAND FROM OIL & GAS SEGMENT IN MENA IS EXPECTED TO PICK-UP OVER THE NEXT FEW QUARTERS".SAYS "DEMAND OUTLOOK FOR OUR PLATE AND COIL MILLS DIVISION REMAINS SATISFACTORY, ALTHOUGH MARGIN CHALLENGES REMAIN".  Full Article

India's Welspun Corp Gets Order For Supply Of Pipes
Thursday, 19 Apr 2018 

April 19 (Reuters) - Welspun Corp Ltd ::GETS ORDER FOR SUPPLY OF PIPES FOR WATER PROJECT.CO'S ORDER BOOK AS ON APRIL 19 VALUED AT 102.40 BILLION RUPEES.  Full Article

Welspun Corp Proposes To Offer NCDs Aggregating To 2.50 Bln Rupees
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Welspun Corp Ltd ::SAYS PROPOSES TO OFFER RATED, SECURED, REDEEMABLE NCDS AGGREGATING TO 2.50 BILLION RUPEES.  Full Article

India's Welspun Corp Gets Order For Supply Of Pipes
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Welspun Corp Ltd ::SAYS GETS ORDER FOR SUPPLY OF PIPES FOR WATER PROJECT IN INDIA.  Full Article

Welspun gets contract for supply of pipes‍​ from Middle East and North Africa region
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Welspun Corp Ltd ::Says awarded contract from a customer in Middle East and North Africa region for supply of pipes‍​.  Full Article

Welspun Corp appoints Vipul Mathur as MD, CEO
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Welspun Corp Ltd :Says resignation of Lalit Naik as CEO, MD‍​.Says appointment of Vipul Mathur as MD, CEO.  Full Article

India's Welspun Corp posts Sept-qtr consol profit
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Welspun Corp Ltd ::Sept quarter consol net profit 417.6 million rupees versus loss of 336.4 million rupees last year.Sept quarter consol revenue from operations 19.22 billion rupees versus 11.53 billion rupees last year.Says "maintain positive outlook on volumes for next fiscal‍​".Says "H1FY18 margins were driven by execution of some niche orders and may not be sustained on an annual basis".  Full Article

Welspun Corp posts Dec qtr consol loss
Friday, 10 Feb 2017 

Welspun Corp Ltd : Dec quarter consol net loss 130.5 million rupees versus profit 765.1 million rupees year ago .Dec quarter consol net sales 11.41 billion rupees versus 16.30 billion rupees year ago.  Full Article

Welspun Corp June-qtr consol loss widens
Thursday, 28 Jul 2016 

Welspun Corp Ltd : June-quarter consol net loss 93.9 million rupees; June-quarter consol net sales 15.11 billion rupees . Current pipe order book position stands at 958k mts (55 billion rupees) . Consol net loss in June quarter last year was 6.2 million rupees as per Ind-AS; consol net sales was 15.55 billion rupees .  Full Article

Welspun Corp entered definitive agreement for gas project in Americas
Thursday, 21 Jul 2016 

Welspun Corp Ltd : Entered definitive agreement with an American midstream major to supply over @ 274 kilometerslongitudinal saw line-pipe for gas project in americas .  Full Article

Ten companies vie to supply pipes for Bulgaria-Greece gas pipeline

SOFIA, March 16 Ten companies have expressed an interest to bid in a 60 million euros ($74 million) tender to supply pipes for a 185-km (115 miles) gas pipeline between Greece and Bulgaria (IGB), the Bulgarian energy ministry said on Friday.