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ValueProductPastPerformance

Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
Bharat Forge Ltd. 25/07/20241,593.85952.3007/04/2025 -40.25% 256 days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days

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Welspun Corp wins contract for supply of 102 KMT of pipes
DSIJ Intelligence
/ Categories: Trending, DSIJ News

Welspun Corp wins contract for supply of 102 KMT of pipes

On Thursday, Welspun Corp Limited informed the bourses that the company has been awarded contracts for the supply of 102 kilometre-tonne (KMT) of pipes from various parties.

Out of the total combined orders, around 90 KMT is for the company’s US facility, which includes a large order received from North American customers for a pipeline to be commissioned in US.

In an exchange filing, the company stated that the agreement demonstrates the confidence that its customer has on its technical and execution capabilities for servicing large projects, reinforcing its global leadership position in the line pipe business during challenging times such as the ongoing COVID-19 pandemic.

The company’s order book now stands at 764 KMT valued at around Rs 6,200 crore, after considering execution up to April 2020.

Welspun Corp Limited, together with its subsidiaries, is engaged in the business of production and coating of high-grade submerged arc welded pipes, hot rolled steel plates and coils as well as power generation. Its manufacturing facilities are located in India, the United States and Saudi Arabia.

On Thursday the stock of the company closed at Rs 56.20, down by 1.83 per cent or Rs 1.05 per share. The 52-week high is Rs 233.70 and the 52-week low is Rs 55.25 on BSE.

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