Thursday, 24 May 2018

Welspun Enterprises up for 11th straight trading day post Q4 results

The stock hit a new high of Rs 202, rallied 32% from Rs 153 on May 9, 2018, as compared to 2.4% decline in the S&P BSE Sensex. Shares of Welspun Enterprises were trading higher for the 11th straight session, rising 5% to Rs 202 per share on the BSE after the company reported a nearly four-fold jump in its consolidated net profit at Rs 253 million in March quarter. It had profit of Rs 67 million in the same quarter last fiscal.

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