Welspun Corp rose 3.55% to Rs 135.60 after the company said it has received additional orders of approximately 129 kilo metric tonnes (KMT) valued at about Rs 1,200 crore.Out of these orders, approximately 69 KMT would be executed from our Saudi facility, including a single order of 45 KMT from Saudi Aramco. These orders bring in clear business continuity for FY22, both in domestic and Saudi market, the company said in a statement today, 30 December 2020.
Welspun Corp offers pipe solutions with a capability to manufacture line pipes, along with specialized coating, double jointing and bending.
On a consolidated basis, the company s net profit fell 4.1% to Rs 149.24 crore on a 50.8% decline in net sales to Rs 1094.50 crore in Q2 September 2020 over Q2 September 2019.
Sensex and Nifty settle at fresh highs led by rally in banks, metal stocks amid positive global cues
Sensex and Nifty settle at fresh highs led by rally in banks, metal stocks amid positive global cues
Stock market today: The S&P BSE Sensex climbed 380.21 points (0.81 per cent) to settle at its highest closing mark at 47,353.75. During the intraday trade, the BSE benchmark had hit a record high of 47,406.72. Likewise, the broader Nifty 50 too ended at its record closing high of 13,873.20, gaining 123.95 points (0.90 per cent). The 50-share benchmark had hit an all-time high of 13,885.30 during intraday. Updated: December 28, 2020 4:12:21 pm
The rupee snapped its three-session winning streak and settled for the day 3 paise lower at 73.07 against the US dollar on Friday. (Image source: Bloomberg)
The domestic equity barometers continued to trade with decent gains in mid-morning trade. At 11:22 IST, the barometer index, the S&P BSE Sensex, was up 266.53 points or 0.57% to 47,240.07. The Nifty 50 index added 88.40 points or 0.64% at 13,837.65.
Investor sentiment was upbeat after President Trump signed a $2.3 trillion pandemic aid while the U.K. and the E.U. struck a a Brexit trade deal last week.
The broader market outperformed the benchmarks. The S&P BSE Mid-Cap index rose 0.98% while the S&P BSE Small-Cap index added 1.25%.
Buyers outpaced sellers. On the BSE, 1917 shares rose and 786 shares fell. A total of 167 shares were unchanged.
CM Shivraj Singh Chauhan inaugurates welspun group service in Raisen district naidunia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naidunia.com Daily Mail and Mail on Sunday newspapers.
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Mumbai: Among the key bulk deals on Tuesday, Everstone Capital Partners further sold stake in publisher S Chand and Co, while Unifi AIF offloaded shares of smallcap insurance technology firm Majesco after it announced a dividend of Rs 974 per share.
Of the frontline indices, market barometer Sensex edged up 9.71 points to close at 46.463.17, while peer Nifty too advanced 9.70 points to 13,567.85.
Here’s who bought and sold what in some of the key bulk and block deals of the day: Everstone Capital Partners II LLC sold another 18,00,000 shares of S Chand & Co. On Monday, it had sold 4,00,000 shares of the publishing company at Rs 71.30 per share. It held 9.38 per cent stake in the company at the end of September quarter.