Welspun a better pick as compared to other pipe manufacturers: Gaurav Oza, AK Stockmart

ET Now spoke to Gaurav Oza, Sr. Equity Analyst, AK Stockmart, on his views on Welspun Corporation.

What do you like about Welspun Corporation?

Welspun is well integrated. This is best part about this company. It was already backward integrated with the manufacturing of plates and coils. Now with the acquisition of MSK Projects, it is forward integrated. So that is why Welspun seems to a better pick as compared to any other pipe manufacturers at this point in time. Apart from that with increase in capacities, it is one of the largest players in the global market. So any positive moves in global market will definitely be a positive for Welspun Corp.