Tuesday, 7 August 2018

Welspun India stock soars over 4.5% after block deal

Shares of Welspun India soared over 4.5% in the early morning trade today. Around 4.1 mn shares changed hands in a block deal early Tuesday, as per media reports.

Welspun India Ltd is currently trading at Rs67.55 up by Rs3.15 or 4.89% from its previous closing of Rs64.40 on the BSE.

The scrip opened at Rs65.20 and has touched a high and low of Rs68.45 and Rs64.10 respectively. So far 1,04,84,553 (NSE+BSE) shares were traded on the counter.

The company provides end-to-end solutions in the home textiles segment. Welspun has prestigious brands like Christy, Spaces, Welhome and Tilt.

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