/ Welspun Enterprises Tanks 4.8% Ahead Of Board Meeting ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 22 December 2016

Welspun Enterprises Ltd is currently trading at Rs 61.8, down by Rs 2.85 or 4.41% from its previous closing of Rs 64.65 on the BSE. The Board of Directors of the company said its meeting will be held on December 22, to consider the option to buyback the equity shares of the company.

The scrip opened at Rs 65.5 and has touched a high and low of Rs 65.5 and Rs 60.05 respectively. So far 937309 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1126.72 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 75.3 on 03-Nov-2016 and a 52 week low of Rs 43 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs 67.9 and Rs 59.4 respectively. The promoters holding in the company stood at 37.35 % while Institutions and Non-Institutions held 14.41 % and 40.31 % respectively. The stock is currently trading below its 50 DMA.
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