Welspun Enterprises Rises Over 7% Hits 52-Week High

Welspun Enterprises was trading higher by 7% at Rs 114.95 per share at 1433 hours on BSE. The stock also hit a 52-week high value at Rs 122.25. It witnessed a spurt in the volume by more than 3.75 times. Welspun surged over by 15% in the last two days.

The stock has delivered close to 100% returns in a period of one year. It has outperformed both BSE Sensex and BSE Small-cap over the same period. Its closest peer is Marico Kaya Enterprises. On the BSE, 10.05 lakh shares were traded in the counter so far during the day.

Welspun Enterprises Limited offers civil engineering services. The company is engaged in the business of infrastructure, trading, oil and gas exploration activities, and corporate support to various infrastructure special purpose vehicles (SPV).

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