Welspun Corp shares tumble 3% after Q3 results disappointWelspun Corp's consolidated net profit surged to Rs 672.19 crore in the December quarter due to lower expenses, despite a drop in total inc...
Welspun inks pact with Saudi Aramco for setting up manufacturing facilityWelspun Corp Ltd has signed an agreement with Saudi Aramco to set up a Longitudinal Submerged Arc Welded (LSAW) line pipe manufacturing fac...
Stocks in news: RIL, Infosys, GAIL, Axis Bank, HDFC LifeL&T Technology Services reported 4% YoY drop in its consolidated net profit to Rs 322 crore, while revenue from operations were up 9% at Rs...
Welspun Corp Q2 Results: Profit falls 27% to Rs 283 cr; board approves over Rs 2,000 cr investmentsWelspun Corp on Friday reported around 27 per cent fall in consolidated net profit at Rs 282.96 crore for September quarter, mainly on acco...
Small-caps: Time to review, not panic, but only if you own the right ones. 5 small-caps with right matrix, for medium-term investorsNifty, Sensex, or for that matter any index – all are trading in the red, with extremely negative market breadth to boot. Don’t panic: We w...
Many shades of Chinese recovery: 5 stocks from pipes and wires industry with upside potential of up to 22 %The sharp decline in the Nifty and Sensex even as the Hang Seng witnessed an upswing has set tongues wagging on the street. Talk is that th...
For risk takers with medium term perspective: 4 small caps from different sectors with an upside potential of up to 30%Indian markets are correcting in line with the global markets. How long this phase will continue is an open ended question because when wil...
Fundamental Radar: What’s likely to drive re-rating of Welspun Corp? Narendra Solanki explainsIts manufacturing facilities are strategically located in India, US and Saudi Arabia. The company has established a leadership position glo...
Stocks in news: Bajaj Finserv, Axis Bank, HAL, Bharat Forge, DelhiveryThe Board of Hindustan Aeronautics will meet on March 10 to consider and approve a second interim dividend for the financial year 2022-23. ...
Man Industries bags orders worth Rs 250 crore"The company has received new orders worth approximately Rs 250 crore which are to be executed over the next 5 months," Man Industries said...
MAN Industries Q2 results: Net profit more than doubles to Rs 27.28 crTotal income grew to Rs 595.13 crore during July-September 2020-21 from Rs 319.06 crore in the year-ago period.
Trending stocks: Welspun Corp share price rises 4%Shares of Welspun Corp Ltd. traded 4.11 per cent up in trade at 09:52AM on Wednesday .
Stocks in the news: Wipro, RIL, Hindalco, HDFC, Tata Steel, Welspun Corp and BioconIT major Wipro will announce its fourth-quarter and FY20 results today.
Essar Steel to supply pipes for Gujarat government's water management projectEssar Steel will supply 1.2 lakh tonnes of Helical Submerged Arc Welding pipes, which are 12-m long and 120 inches in diameter.
- Buy Welspun Gujarat for target Rs 500: Asit C Mehta
Asit C Mehta has initiated coverage on Welspun Gujarat Stahl Rohren with a ‘buy’ recommendation for a target price of Rs 500 (implying a fo...
- Man Industries raises $ 50 mln
Man Industries informed the Bombay Stock Exchange that it intends to use the net proceeds raised for expansion in India and abroad and such...
- Welspun to form 40% JV Russia's TMK Group
VTZ is a part of the Russian TMK Group, the largest manufacturer and exporter of pipe products in oil and gas sector.