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"We.inform about the key management personnel s appointed by the company s wholly-owned subsidiaries in the US. Gerald Mosley is appointed as Chief Executive Officer for Welspun Tubular LLC w.e.f. November 27, 2023," the filing said. ....
Stocks to watch: Shares of firms like Tata Steel, Honasa Consumer, IndiGo, Infosys, SBI, Welspun, and others will be in focus on Thursday's trade. ....
In 2016, Welspun Group s energy arm, Welspun Energy, had sold its 1.1 GW renewable assets to Tata Power for INR 10,000 crore. Welspun has interests in textiles, line pipes, flooring solutions, warehousing, roads, and oil and gas, and is also expanding in these segments. "We are still drawing up plans for a play in the sector. Technology is changing very fast but we are committed," said Goenka. ....
"We were in the business of renewable, which we sold 7-8 years back as we got a good valuation then, which was a benchmark. Today, I think India is going to be the hub for green hydrogen and green ammonia. And this is a sector of the future," Goenka told ET in an interview. ....
“I am very convinced about Welspun India primarily due to the fact that although the business might seem in turbulence, India s market share vis-à-vis China is going up. Home textiles companies are doing well. Margins are back. Welspun is taking a very good measure of making a foray in the Indian towel market, which is a Rs 50,000 crore market.” ....