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Welspun Corp Ltd (WGSR.NS)

WGSR.NS on National Stock Exchange of India

132.90INR
5:46am BST
Change (% chg)

Rs-1.55 (-1.15%)
Prev Close
Rs134.45
Open
Rs135.20
Day's High
Rs135.50
Day's Low
Rs132.45
Volume
87,798
Avg. Vol
633,450
52-wk High
Rs186.50
52-wk Low
Rs86.80

Latest Key Developments (Source: Significant Developments)

India's Welspun Corp Sept-Qtr Consol Net Profit Rises
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Welspun Corp Ltd ::SEPT QUARTER CONSOL NET PROFIT 586.9 MILLION RUPEES VERSUS PROFIT OF 417.6 MILLION RUPEES LAST YEAR.SEPT QUARTER CONSOL REVENUE FROM OPERATIONS 22.90 BILLION RUPEES VERSUS 19.22 BILLION RUPEES LAST YEAR.SAYS PIPE ORDER BOOK STANDS AT 1,721K MTS AT QUARTER END.SAYS ACTIVE MEASURES ARE BEING CONTINUOUSLY TAKEN TO IMPROVE CAPACITY UTILISATION OF PLATE AND COIL MILLS DIVISION.  Full Article

Welspun Corp Gets Order For Supply Of Pipes For Oil & Gas Project
Monday, 11 Jun 2018 

June 11 (Reuters) - Welspun Corp Ltd ::GETS ORDER FOR SUPPLY OF PIPES FOR OIL & GAS PROJECT IN AMERICA.  Full Article

Welspun Corp Gets Contract For Water Project In MENA Region
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Welspun Corp Ltd ::SAYS GOT A CONTRACT FOR SUPPLY OF @ 417 K MTS OF LARGE DIAMETER PIPES FOR A WATER PROJECT IN MENA REGION.SAYS CURRENT ORDER BOOK STANDS VALUED AT 95.44 BILLION RUPEES.  Full Article

India's Welspun Corp Posts Dec-Qtr Consol Net Profit
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Welspun Corp Ltd ::DEC QUARTER CONSOL NET PROFIT 663.9 MILLION RUPEES VERSUS LOSS OF 39.2 MILLION RUPEES LAST YEAR.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 22.30 BILLION RUPEES VERSUS 11.41 BILLION RUPEES LAST YEAR.SAYS CONTINUED STRENGTH IN VOLUMES OUTLOOK IS EXPECTED TO HAVE A POSITIVE IMPACT ON THE MARGINS FOR NEXT FISCAL.SAYS DOMESTIC MARKET CONTINUES TO WITNESS STRONG DEMAND BOTH IN WATER AS WELL AS OIL & GAS SEGMENT.SAYS "EXPECT MENA REGION OIL & GAS SEGMENT DEMAND TO PICK-UP OVER 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
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

India's Welspun Corp posts June-qtr profit
Friday, 4 Aug 2017 

Aug 4 (Reuters) - Welspun Corp Ltd ::June quarter consol net profit 546.7 million rupees versus loss of 93.9 million rupees last year.Says expect international demand to pick-up towards end-fy18.June quarter consol total income 16.82 billion rupees versus 16.05 billion rupees last year.Q1 saw above average margins , but will be difficult to sustain such margins on an annual basis.  Full Article

India's Welspun Corp March-qtr consol profit surges
Monday, 8 May 2017 

May 8 (Reuters) - India's Welspun Corp Ltd :March quarter consol net profit 685.9 million rupees.March quarter consol total income 21.72 billion rupees.Consol net profit in march quarter last year was 130.6 million rupees as per ind-as; consol total income 19.76 billion rupees.Recommended dividend at INR 0.50 per share.Says qtrly consol production and sales of pipes (total operations) were up 18% and 25% yoy respectively.Says expect good traction in international markets, especially North America, towards the second half of FY2018..  Full Article