Economy · India
Welspun Corp, Welspun Enterprises Stocks Surge on New Orders
Welspun Corp and Welspun Enterprises saw their stock prices rise, with both hitting 52-week highs. Welspun Corp's stock jumped up to 5% following news that an arm of the company secured a 'large' order from Saudi Aramco. The companies have experienced significant stock returns over the past six months, with Welspun Corp up 236% and Welspun Enterprises up 90%, attributed to their strategy in specialized engineering segments.
How outlets across the spectrum covered it
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- Centre (2): Business Today, Mint