/ Welspun Enterprises Surges Over 15% After Block Deal ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 12 June 2017

Welspun Enterprises shot up more than 15% in Monday’s trading session after 41.2 lakh shares were traded in a block deal. It was trading higher by 15.8% at Rs 111.05 per share at 1428 hours IST on BSE.

The stock witnessed a spurt in the volume by more than 82.94 times. It also hit a 52-week high value of Rs 112.30. The market capitalisation of the company is Rs 1,622.43 crore.

The stock has delivered more than 80% returns in a period of one year.  It has outperformed BSE small-cap and BSE Sensex over the same period.

On the NSE, the traded volume of shares is 73,50,272 and the traded value is Rs 7,600.92 lakh.

Welspun Enterprises Limited offers civil engineering services. The company's segments include infrastructure, trading, and oil & gas.

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