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WELSPUN STEEL
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- Textile sector: Time for a relook as tariff tantrum may soon be history? 5 textile stocks with upside potential of up to 27%The Indian textile and apparel sector has had a stressful year. The US tariffs disrupted orders to the sector’s largest market, squeezed ma...
- Ahead of Market: 10 things that will decide stock market action on TuesdayBenchmark indices Sensex and Nifty fell for a fourth straight session amid elevated crude oil prices, geopolitical tensions and persistent ...
- Are metals turning defensive? 5-year returns rival, even beat traditional safe havensMetal stocks are outperforming defensive sectors, delivering strong returns driven by structural demand shifts and supply constraints. Fact...
- Welspun targets $10-billion market capitalisation in 2 YearsThe Welspun Group has interests in textiles, line pipes, flooring solutions, warehousing, roads, and oil and gas, and is laying out an expa...
- Welspun CEO Vipul Mathur says oil & gas firms focusing on capex again"Every exploration and production company in the world wanted to go green and move to renewables. But the harsh reality is that while renew...
- Welspun Corp ropes in Tata Steel to develop 'framework' and manufacture for pipes for hydrogen transportation"Welspun Corp Ltd and Tata Steel Ltd have signed an MoU to jointly work towards developing the framework for and subsequently manufacturing...
- Welspun Steel gets green nod for Rs 14,690-crore Gujarat projectThe proposed steel plant, to be set up in Anjar tehsil in Kutch district, aims to provide steady supply of slabs to group company Welspun C...
- CCI clears JSW Steel's acquisition of Welspun MaxsteelJSW Steel's proposed over Rs 1,000 cr deal to acquire sponge iron maker Welspun Maxsteel has got the approval from the Competition Commissi...
- Analysts give thumbs-up to JSW Steel's acquisition of Welspun Maxsteel for Rs 1,000 croreWelspun Maxsteel, a subsidiary of Welspun Corp, makes sponge iron, which is used to make steel in an electric arc furnace.
- JSW Steel to acquire Welspun Maxsteel Ltd in Rs 1,000-crore dealMeanwhile, JSW Steel said it has surplus pellets in its subsidiary Amba River Coke Ltd and the same would be supplied to Welspun Maxsteel.
- JSW Steel to buy Welspun Maxsteel for Rs 1,000 crore"JSW is expecting to cut production costs by Rs 2,500 a tonne. The current production cost stands atRs 24,000 per tonne," the second person...
- JSW Steel in talks to buy Welspun unit for up to Rs 1,000 croreJSW Steel has begun talks to purchase smaller rival Welspun Maxsteel for about 1,000 crore, two people familiar with the development said.
- Sesa Goa in talks to buy Welspun's sponge iron facility; stock upAnil Agarwal's Sesa Goa is in talks with the Welspun Group to buy their sponge iron facility at Salav in Maharashtra, sources with direct k...
- Sesa Goa in talks to buy Welspun's sponge iron facilityIndustry experts say that the iron ore exports by Sesa Goa has become less lucrative post a 20% export duty introduced by the government.
- Welspun Gujarat stalls Rs 5k-cr expansionWelspun Gujarat Stahl Rohren is learnt to have deferred a Rs 5,000-crore backward integration plan due to weak macro-economic conditions.
- Welspun in talks to acquire Remi MetalsThe Mumbai-based Welspun group is believed to be in talks to acquire Remi Metals Gujarat, an integrated steel and seamless pipe maker, from...
- Welspun wraps up a smart deal with Christy buyoutWelspun’s acquisition of Christy, a UK-based towel brand owned by CHT Holdings, gives it a Rs 300-crore business. Its profitability is rela...
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