Shares of Welspun Enterprises climbed 3 percent in early trade on September 30 after the company secured a contract worth Rs 1,989.9 crore from the Brihanmumbai Municipal Corporation (BMC). At 09:20 am, the stock was trading at Rs 574.40 on the BSE, up by Rs 17.75.
The contract involves designing and constructing an 8.48 km tunnel for tertiary treated water conveyance from Dharavi WWTF to Ghatkopar WWTF, with completion scheduled over 93 months.
The stock has gained nearly 100 percent over the past year, trading 10 percent below its 52-week high of Rs 619, achieved in August 2024.
Do you have a news tip for Lakshmishree reporters? Please email us at media@lakshmishree.com
Source: Moneycontrol
News Desk
