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The Mumbai-based multinational corporation Welspun Corp's shares nose-dived over 8 per cent in the intraday trade on Friday, May 31. This ostensible debacle came to pass on the last day of May, a day after the company released its Q4 results. The company engendered a net profit of Rs 287.28 crore in March 2024, compared to the Rs 240.08 crore net profit in the previous year. ....
Welspun World, a rapidly expanding global conglomerate, has announced the appointment of Mr. G R Arun Kumar as Group Chief Financial Officer, effective from the May 20, 2024. ....
Welspun Enterprises shares surged 8.6% during intraday trading, settling with a 6.54% gain. The company secured a major project worth Rs. 1,864.71 crore in Maharashtra. Despite revenue and profit decline in FY24, it exceeded margin guidance, boasting a record order book for FY25. ....
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