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Welspun Corp Ltd (WGSR.NS)

WGSR.NS on National Stock Exchange of India

15 Dec 2017
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Rs1.55 (+1.18%)
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Latest Key Developments (Source: Significant Developments)

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

Welspun Corp March-qtr consol profit falls about 84 pct
Monday, 23 May 2016 

Welspun Corp Ltd : March-quarter consol net profit 230.5 million rupees; March-quarter consol net sales 17.93 billion rupees . Recommended dividend of 0.50 rupees per share . Latter half of FY 2016 witnessed turmoil in energy markets adversely affecting near-term outlook for linepipes, margin profile of orderbook . Volatile energy prices, reduced access to capital markets, consolidation in oil & gas sector has been causing delays in project schedules . Opening up of new markets and strong domestic linepipe demand provides a near term upside .  Full Article