Welspun Corp is currently trading at Rs. 71.00, up by 3.10 points or 4.57% from its previous closing of Rs. 67.90 on the BSE.
The scrip opened at Rs. 72.00 and has touched a high and low of Rs. 74.55 and Rs. 70.10 respectively. So far 190229 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 107.70 on 10-Jun-2014 and a 52 week low of Rs. 52.70 on 31-Jan-2014.
Last one week high and low of the scrip stood at Rs. 74.55 and Rs. 66.00 respectively. The current market cap of the company is Rs. 1880.08 crore.
The promoters holding in the company stood at 38.43% while Institutions and Non-Institutions held 14.88% and 37.94% respectively.
Welspun Corp has posted a net loss of Rs 12.68 crore for the quarter under review as compared to a net loss of Rs 18.00 crore for the same quarter in the previous year. Total income of the company has increased 16.54% at Rs 1285.76 crore for Q3FY15 as compared Rs 1103.26 crore for the corresponding quarter previous year.
On the consolidated basis the company’s net profit surged two fold to Rs 17.49 crore for the Q3 FY15 as compared to Rs 7.51 crore in Q3 FY14. Moreover, the total income increased 28.47% to Rs 2279.04 crore in the quarter under review as compared to Rs 1774.04 crore in the corresponding quarter previous year.