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Welspun Corp Ltd

Tue 29/04/2025,15:58:11 | NSE : WELCORP

₹ 770.45-8.15 (-1.05%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 778.00

Previous Close

₹ 778.60

Volume

314294

Mkt Cap ( Rs. Cr)

₹20279.93

High

₹ 784.00

Low

₹ 764.00

52 Week High

₹ 900.00

52 Week Low

₹ 440.15

Book Value Per Share

₹ 229.39

Dividend Yield

0.64

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Welspun Corp Ltd

Your Vote -

Buy

80.39%

Hold

18.63%

Sell

0.98%

80.39%

204 users have voted

Market Depth

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Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

770.45

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Bid Total

80

Bid Price

Qty

0.00

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Bid Total

0

Option Chain

Analyzes market sentiment, predicts Welspun Corp Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Welspun Corp has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    21 Apr 2025, 9:00PM As of March 2025, 50.00% is owned by Indian Promoters, 49.96% by Public and 0.03% by Non Promoters-Non Public. <p align=justify> Institutional holds 3
  • Welspun Corp - General Updates

    11 Apr 2025, 6:43PM Welspun Corp Limited has informed the Exchange about General Update on sale of 10% equity shares of Nauyaan Shipyard Private Limited
  • Welspun Corp - General Update

    11 Apr 2025, 6:40PM Update on Sale of 10% equity shares of Nauyaan Shipyard Private Limited
  • Welspun Corp - Sale or disposal-XBRL

    10 Apr 2025, 7:32PM WELSPUN CORP LIMITED has informed the Exchange regarding Sale or disposal of unit(s)/division(s)/subsidiary
  • Welspun Corp - Outcome of Board Meeting

    10 Apr 2025, 6:47PM Welspun Corp Limited has informed the Exchange regarding Outcome of Board Meeting held on April 10, 2025.
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Meeting Updates

    10 Apr 2025, 6:44PM Outcome of the meeting of the Board of Directors
  • Welspun Corp - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    9 Apr 2025, 2:35PM Welspun Corp Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Welspun Corp - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    9 Apr 2025, 2:27PM Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018
  • Welspun Corp - Updates

    1 Apr 2025, 4:24PM Welspun Corp Limited has informed the Exchange regarding 'Allotment of Equity Shares pursuant to exercise of Stock Options under the Compnay's Employe
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    1 Apr 2025, 4:20PM Allotment of equity shares pursuant to exercise of stock options under the Company's Employee Stock Option Scheme.
  • Welspun Corp - General Updates

    28 Mar 2025, 5:36PM Welspun Corp Limited has informed the Exchange about Voluntary Delisting from Calcutta Stock Exchange
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Public Announcement-Delisting

    28 Mar 2025, 5:09PM Intimation of Voluntary Delisting from Calcutta Stock Exchange.
  • Welspun Corp - Action(s) initiated or orders passed

    27 Mar 2025, 4:21PM Welspun Corp Limited has informed the Exchange about Intimation regarding receipt of an Order from the office of the Additional Commissioner of Custom
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    27 Mar 2025, 4:19PM Intimation regarding receipt of an Order from the Office of an Additional Commissioner of Customs.
  • Welspun Corp - Trading Window-XBRL

    26 Mar 2025, 8:03PM Welspun Corp Limited has informed the Exchange about Closure of Trading Window
  • Welspun Corp - Trading Window

    26 Mar 2025, 7:49PM Welspun Corp Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201
  • Welspun Corp - General Updates

    26 Mar 2025, 8:18AM Welspun Corp Limited has informed the Exchange about General Updates - Update - Investment through Rights Issue subscription in the Company s subsidia
  • Welspun Corp - Press Release

    25 Mar 2025, 3:56PM Welspun Corp Limited has informed the Exchange regarding a press release dated March 25, 2025, titled ""Press Release-""Welspun Corp ranks among top 1
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    25 Mar 2025, 3:47PM Press Release-\Welspun Corp ranks among top 10 steel companies globally in S&P Global's CSA rankings\
  • Welspun Corp - Copy of Newspaper Publication

    22 Mar 2025, 2:26PM Welspun Corp Limited has informed the Exchange about Copy of Newspaper Advertisement for voluntary delisting from Calcutta Stock Exchange Limited
  • Welspun Corp - General Updates

    21 Mar 2025, 10:51PM Welspun Corp Limited has informed the Exchange about General Updates - We have repeated some details as disclosed in our letter dated 20 March 2025, g
  • Welspun Corp - Update On Induction Of Strategic Investor

    21 Mar 2025, 10:48PM We have repeated some details as disclosed in our letter dated 20 March 2025, giving break-up of the amount received, in the attached letter.
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    21 Mar 2025, 7:48PM Intimation regarding Investor Meet.
  • Welspun Corp - Analysts/Institutional Investor Meet/Con. Call Updates

    21 Mar 2025, 7:38PM Welspun Corp Limited has informed the Exchange about Schedule of Investor meet
  • Welspun Corp - General Updates

    21 Mar 2025, 7:27PM WELCORP: Welspun Corp Limited has informed the Exchange about Update on Induction of Strategic Investor.
  • Welspun Corp - Announcement Under Regulation 30 (LODR)

    21 Mar 2025, 7:24PM Update on induction of strategic investor.
  • Welspun Corp - Outcome of Board Meeting

    21 Mar 2025, 6:51PM Welspun Corp Limited has informed the Exchange regarding Outcome of Board Meeting held on March 21, 2025.
  • Welspun Corp - Board Meeting Outcome for Outcome Of The Board Meeting.

    21 Mar 2025, 6:45PM Outcome of the Board meeting.
  • Welspun Corp - Sale or disposal-XBRL

    20 Mar 2025, 9:54PM WELSPUN CORP LIMITED has informed the Exchange regarding Sale or disposal of unit(s)/division(s)/subsidiary
  • Welspun Corp - Sale or disposal-XBRL

    20 Mar 2025, 9:51PM WELSPUN CORP LIMITED has informed the Exchange regarding Sale or disposal of unit(s)/division(s)/subsidiary
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Meeting Updates

    20 Mar 2025, 9:15PM Outcome of the Board meeting.
  • Welspun Corp - Outcome of Board Meeting

    20 Mar 2025, 9:13PM Outcome of the meeting of the Board of Directors
  • Welspun Corp - Board Meeting Intimation

    18 Mar 2025, 11:13PM WELSPUN CORP LIMITED has informed the Exchange about Board Meeting to be held on 21-Mar-2025 to consider Voluntary delisting.
  • Welspun Corp - Board Meeting Intimation for Voluntary Delisting Of The Company Equity Shares From The Calcutta Stock Exchange

    18 Mar 2025, 11:00PM Welspun Corp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/03/2025 ,inter alia, to consider and app
  • Welspun Corp - General Updates

    17 Mar 2025, 8:16AM Welspun Corp Limited has informed the Exchange about General Updates - Receipt of new Orders in the USA
  • Welspun Corp secures Rs 2,400 crore order for coated pipes in the USA

    17 Mar 2025, 9:21AM Welspun Corp Ltd has secured new orders worth approximately Rs 2,400 crore for the supply of coated pipes for natural gas pipeline projects in the USA
  • Welspun Corp - Receipt Of New Orders In The USA

    17 Mar 2025, 8:18AM Regulation-30 Receipt of new orders in the USA
  • Welspun Corp - Incorporation-XBRL

    7 Mar 2025, 11:31PM WELSPUN CORP LIMITED has informed the Exchange regarding Incorporation
  • Welspun Corp - Announcement Under Regulation 30

    7 Mar 2025, 11:23PM Incorporation of Step down Subsidiary Company
  • Welspun Corp - General Updates

    7 Mar 2025, 11:18PM Welspun Corp Limited has informed the Exchange about General Updates - Incorporation of a step down subsidiary
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    26 Feb 2025, 7:51PM Intimation of Investor Meet which will be attended by representatives of the Company.
  • Welspun Corp - Analysts/Institutional Investor Meet/Con. Call Updates

    26 Feb 2025, 7:51PM Welspun Corp Limited has informed the Exchange about Schedule of meet
  • Welspun Corp - Incorporation-XBRL

    24 Feb 2025, 8:52PM WELSPUN CORP LIMITED has informed the Exchange regarding Incorporation
  • Welspun Corp - General Updates

    24 Feb 2025, 8:48PM Welspun Corp Limited has informed the Exchange about General Updates-Incorporation of a Wholly Owned Subsidiary in Europe
  • Welspun Corp - Incorporation Of A Wholly Owned Subsidiary In Europe

    24 Feb 2025, 8:44PM Incorporation of a Wholly Owned Subsidiary in Europe
  • Welspun Corp - General Updates

    17 Feb 2025, 8:11AM Welspun Corp Limited has informed the Exchange about General Updates
  • Welspun Corp - General Updates

    12 Feb 2025, 8:17PM Welspun Corp Limited has informed the Exchange about General Updates
  • Welspun Corp - Update On Sale Of Shares Of Welassure Private Limited.

    12 Feb 2025, 8:13PM Update on Sale of shares of Welassure Private Limited.
  • Welspun Corp - Analysts/Institutional Investor Meet/Con. Call Updates

    11 Feb 2025, 7:59PM Welspun Corp Limited has informed the Exchange about Transcript
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    11 Feb 2025, 7:48PM Earnings Call Transcript Q3 FY 25
  • Welspun Corp - General Announcement

    9 Feb 2025, 6:44PM General Announcement
  • Welspun Corp - Updates

    9 Feb 2025, 6:41PM Welspun Corp Limited has informed the Exchange regarding 'Capacity Expansion announced by the Company s associate Company viz. EastPipes Integrated Co
  • Welspun Corp - Analysts/Institutional Investor Meet/Con. Call Updates

    6 Feb 2025, 6:05PM Welspun Corp Limited has informed the Exchange about Link of Recording
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    6 Feb 2025, 5:57PM Recording of Conference call for Q3 FY25 is made available on the website of the company
  • Welspun Corp - Copy of Newspaper Publication

    6 Feb 2025, 4:44PM Welspun Corp Limited has informed the Exchange about Copy of Newspaper Publication
  • Welspun Corp - Sale or disposal-XBRL

    5 Feb 2025, 8:31PM WELSPUN CORP LIMITED has informed the Exchange regarding Sale or disposal of unit(s)/division(s)/subsidiary
  • Welspun Corp - General Updates

    5 Feb 2025, 6:27PM Welspun Corp Limited has informed the Exchange about General Updates
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Investor Presentation

    5 Feb 2025, 6:21PM Investor Presentation and Press Release
  • Welspun Corp - General Updates

    5 Feb 2025, 4:57PM Welspun Corp Limited has informed the Exchange about General Updates under Regulation 30
  • Welspun Corp - Disclosure Under Regulation 30 Of SEBI LODR 2015.

    5 Feb 2025, 4:57PM Disclosure under Regulation 30 of SEBI LODR 2015.
  • Welspun Corp - Integrated Filing- Financial

    5 Feb 2025, 4:54PM integrated Filing
  • Welspun Corp - Outcome of Board Meeting

    5 Feb 2025, 4:53PM Welspun Corp Limited has informed the Exchange regarding Outcome of Board Meeting held on February 05, 2025.
  • Welspun Corp - Financial Result Updates

    5 Feb 2025, 4:41PM Welspun Corp Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Welspun Corp Q3 net profit zooms 612.24% at Rs 155.91 cr

    5 Feb 2025, 5:31PM The company reported standalone net profit of Rs 155.91 crore for the quarter ended December 31, 2024 as compared to Rs 21.89 crore in the same period
  • Welspun Corp - Integrated Filing (Financial)

    5 Feb 2025, 4:52PM Integrated Filling (Financial) for the Quarter ended 31 December, 2024.
  • Welspun Corp - Board Meeting Outcome for Outcome Of Board Meeting.

    5 Feb 2025, 4:46PM Outcome of Board Meeting.
  • Welspun Corp - Financial Results For The Quarter Ended 31 December, 2024.

    5 Feb 2025, 4:42PM Financial Results for the Quarter ended 31 December, 2024.
  • Welspun Corp - Analysts/Institutional Investor Meet/Con. Call Updates

    30 Jan 2025, 7:31PM Welspun Corp Limited has informed the Exchange about Schedule of meet
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    30 Jan 2025, 7:27PM Earnings Conference Call Invite
  • Welspun Corp - Analysts/Institutional Investor Meet/Con. Call Updates

    30 Jan 2025, 7:14PM Welspun Corp Limited has informed the Exchange about Schedule of meet
  • Welspun Corp - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    30 Jan 2025, 7:06PM Intimation regarding Investor Meet.
  • Welspun Corp

    24 Mar 2025 , 10:50AM Welspun Corp completes transaction with strategic investor in arm ‘Nauyaan Shipyard’, gets Rs. 476 crore for selling 74% stake.
  • Welspun Corp gets new orders for supply of coated pipes in US

    17 Mar 2025 , 11:28AM Welspun Corp wins new orders worth Rs. 2,400 crore for supply of coated pipes in the US.
  • Welspun Corp bags two pipe supply orders in US

    17 Feb 2025 , 9:36AM Welspun Corp bags two pipe supply orders worth Rs 3,000 cr for natural gas pipeline project in US.
  • Welspun Corp

    17 Feb 2025 , 8:58AM Company has received two large orders in USA for HSAW pipes and additional order for HFIW pipes, valued at approx. Rs. 3,000 crore. The outlook for the USA business continues to be positive for the next few years. With the addition of these new orders, the company’s orderbook stands at Rs. 18,000 crore. Positive
  • Viewpoint: Welspun Corp Q3FY25 result update

    7 Feb 2025 , 12:13PM Viewpoint: Welspun Corp Q3FY25 result update – Inline Q3; growth outlook robust
  • Welspun Corp

    21 Jan 2025 , 9:03AM US President Donald Trump’s has declared a national energy emergency and plans to maximize oil and gas production in the country. Positive for the stock as it supplies pipes to the industry.
  • Welspun Corp

    15 Jan 2025 , 8:54AM The company has signed an MoU with Saudi Aramco for strategic cooperation to establish LSAW line pipe manufacturing capacity in the Kingdom of Saudi Arabia. The production capacity of this plant will be 350,000 MT per annum. Positive
  • Welspun Corp

    26 Dec 2024 , 9:46AM Company wins Rs 130 crore order from Saudi Arabia associate company for steel pipes and coating. Positive
  • Welspun Corp

    9 Dec 2024 , 10:35AM Welspun Corp bags 2 more orders in the US for HSAW and HFIW pipes, value of orders is above Rs. 3,300 cr. Positive
  • Viewpoint: Welspun Corp company update

    3 Dec 2024 , 11:47AM Viewpoint: Welspun Corp company update – Robust growth outlook
  • Welspun Corp bags order for supply of coated HSAW Pipes

    1 Oct 2024 , 9:42AM Welspun Corp bags order worth Rs. 2,400 Cr in US for supply of coated HSAW Pipes
  • Welspun Corp bags order from the middle east

    30 Sep 2024 , 10:30AM Welspun Corp bags order from the middle east for supply of coated LSAW pipes & bends for sour service
  • Welspun Corp

    3 Sep 2024 , 11:02AM The board approved a $100 million investment by its subsidiary, Welspun Pipes, for upgrading HFIW pipe manufacturing capabilities in the USA. Positive.
  • Viewpoint: Welspun Corp Q1FY2025 Results

    13 Aug 2024 , 12:08PM Viewpoint: Welspun Corp Q1FY2025 Results: Good Q1; robust growth outlook
  • Welspun Corp receives order from Middle East

    25 Jul 2024 , 10:03AM Welspun Corp receives order from Middle East to supply LSAW pipes and bends.
  • Welspun Corp's arm Sintex-BAPL to invest up to Rs. 2,355 cr in setting up mfg units

    27 Mar 2024 , 4:06PM Welspun Corp's arm Sintex-BAPL to invest up to Rs. 2,355 cr in setting up mfg units in Telangana, Odisha, Madhya Pradesh & Jammu & Kashmir
  • Welspun Corp

    26 Mar 2024 , 11:22AM Welspun's associate company, East Pipes Integrated Company for Industry (EPIC) has signed a mutual agreement with Aramco to cancel an ~Rs 339 crore contract.
  • Welspun Corp bags Rs. 2,039 crore line pipe orders in India and US

    22 Mar 2024 , 1:34PM Execution of these orders will mostly be during FY25
  • Viewpoint: Welspun Corp

    8 Feb 2024 , 12:49PM Viewpoint: Welspun Corp Limited Q3FY24 results - Strong Q3; robust growth outlook
  • Stock update: Welspun Living Q3FY2024 (Consolidated) result update

    5 Feb 2024 , 3:10PM Stock update: Welspun Living Q3FY2024 (Consolidated) result update – Strong Q3; strategies in place to deliver long-term growth
  • Welspun Corp associate company EPIC, KSA bags orders worth Rs. 3,000 cr

    18 Jan 2024 , 10:31AM Receives cumulative orders by the associate company, East Pipes Integrated Company for Industry
  • Welspun Corp

    18 Dec 2023 , 9:57AM The company's wholly owned subsidiary Sintex BAPL has finalised an investment of upto Rs 807 crore to set up manufacturing unit in the state of Telangana through a wholly owned step down subsidiary. The proposed investment is for manufacturing ~59 KMTPA of Plastic Pipes, ~5,300 MTPA of Water Storage Tanks and ~8,900 MTPA Sandwich Moulded Tanks. The pipes and fittings would include CPVC, UPVC, HDPE, and OPVC pipes and shall cater to the exponentially growing water distribution segment. Focus to regain market share in water storage tanks and foray into PVC pipes segment would strengthen presence in building material vertical. Positive read through for Welspun Corp.
  • Welspun Corp

    23 Nov 2023 , 10:36AM The company's subsidiary Sintex BAPL, has received approval from the Odisha government for an investment of Rs 479.47 crore to establish a manufacturing unit for CPVC, UPVC, SWR, agri pipes, PVC fittings, and plastic tanks with an annual capacity of 37,520 MT in Sambalpur, Odisha. Focus to regain market share in water storage tanks and foray into PVC pipes segment would strengthen presence in building material vertical. Positive read through for Welspun Corp.
  • Viewpoint: Welspun Corp Q2FY2024 Results Review

    10 Nov 2023 , 12:04PM Viewpoint: Welspun Corp Q2FY2024 Results Review: Stellar Q2; FY2024 guidance intact
  • Welspun Corp

    10 Nov 2023 , 10:30AM WCL’s associate company, East Pipes Integrated Company for Industry (EPIC) in the Kingdom of Saudi Arabia (KSA), has signed a contract for the manufacturing and supply of large diameter Steel Pipes with Saudi Aramco , for a total value exceeding SAR 440 million (Approx. Rs 1000 crores) inclusive of value added tax. The duration of the contract is 13 months.
  • Welspun Corp

    19 Oct 2023 , 11:24AM The Company has been awarded a contract for export of LSAW Pipes and Bends to the Middle East which will be executed from its facilities in Anjar, India. The contract is for supply of approximately 61,000 MT bare pipes and bends which will be used for offshore production and transport of gas. Positive for Welspun Corp. Positive for the stock
  • Welspun Corp

    26 Sep 2023 , 10:06AM The company’s subsidiary Sintex BAPL has entered into an MOU with the Telangana government to set up a manufacturing unit in the state with upto Rs 350 crore investment. The proposed project is under the state government's incentive scheme and will be manufacturing water storage tanks and PVC pipes & fittings. The total investment will spread over next three financial years. The company focus to regain market share in water storage tanks and enter PVC pipes would strengthen product portfolio. Focus to strengthen B2C business is a right step and expected to drive re-rating for Welspun Corp. We have Positive view on the stock.
  • Welspun Corp

    20 Sep 2023 , 1:53PM The company has entered into an agreement on September 18 with a reputed party for liquidation of a part of specified assets lying at Dahej Shipyard of the company for a consideration of ~Rs. 80 crore. Positive for the stock
  • Viewpoint - Welspun Corp

    13 Sep 2023 , 11:13AM Viewpoint - Welspun Corp: Multiple growth catalysts; re-rating to continue
  • Earnings- Lemon Tree Hotels, Welspun Corp, Mazagaon Dock Shipbuilder

    31 May 2023 , 9:56AM Lemon Tree Hotels, Welspun Corp, Mazagaon Dock Shipbuilders reported strong resulted
  • Welspun Corp

    20 Mar 2023 , 12:07PM The National Company Law Tribunal has approved the resolution plan submitted by the consortium of Propel Plastic Products, a wholly owned subsidiary of Welspun Corp, and Plastauto, earlier known as Tubular Pipes, a related party of Welspun Corp, for the corporate insolvency resolution process of Sintex-BAPL. Sintex-BAPL is a wholly-owned subsidiary of Sintex Plastics Technology. Neutral read through
  • Welspun Corp

    13 Mar 2023 , 10:04AM The company’s subsidiary Welspun Metallics has received multiple export orders of 43 KMT for pig iron across South-East Asia and Europe. These orders will be executed within next two months. Continued order inflow bodes well for earnings growth and is positive for the stock.
  • New Viewpoint Idea – Welspun Corp

    10 Mar 2023 , 11:42AM New Viewpoint Idea – Welspun Corp: Rising back to prominence with multiple growth levers
  • Welspun Corp

    10 Mar 2023 , 10:56AM Welspun DI Pipes, a wholly owned subsidiary of the company, received the ‘Kitemark’ certificate from British Standards Institution, U.K. for size range of 100 to 1,000 DN against EN 545 and ISO 2531 standards. These are the international standards for ductile iron pipes used for transportation of potable water. The ‘Kitemark’ certificate has a wide acceptance in Commonwealth countries, and in many other countries in South East Asia, Middle East, Africa and Europe. This would help the company to expand its international customer base as well as open multiple business opportunities for DI pipes. Positive read through for Welspun Corp.
  • Welspun Corp

    8 Mar 2023 , 10:49AM Welspun Corp: The Company has entered into an agreement on March 6, 2023 with a reputed steel trader (the 'Buyer') for liquidation of a part of specified assets lying at Dahej Shipyard of the company for an consideration of ~Rs. 360+ crore. Positive for the stock.
  • Welspun Corp

    24 Jan 2023 , 10:33AM Welspun Corp: The company's associate company East Pipes Integrated Company for Industry (EPIC) in Saudi Arabia, has signed contracts for the supply of steel pipes for water transmission with a total value of around SAR569 million (Rs1200 crore). Positive read through for the stock.
  • Welspun Corp

    26 Dec 2022 , 11:26AM Company has commissioned coke oven plant in Anjar, Gujarat through Welspun Metallics Limited, a wholly owned subsidiary. This facility has a production capacity of approximately 210,000 MT per annum of Coke which will primarily be used in the Blast Furnace for manufacturing of Hot Metal. This will help with continuous supply of high-quality coke at a competitive cost to run the plant efficiently. Our View: Positive
  • Welspun Corp completes acquisition of Nauyaan Shipyard

    20 Sep 2022 , 11:30AM Acquisition of Nauyaan Shipyard Pvt Ltd
  • Welspun Corp

    19 Sep 2022 , 10:50AM The company has secured a significant order for a Carbon Capture Pipeline project in the United States. This order is for supply of 785 miles (1,256 KM) or 100,000 MT (approximately) of High Frequency Induction Welding (HFIW) pipes and would be used for transporting captured carbon dioxide. The pipes for this order will be produced from the company’s Little Rock plant in the U.S. and the same will be executed in FY 23-24. Positive read through for Welspun Corp.
  • Welspun Corp bags 'significant' order for US project

    19 Sep 2022 , 10:48AM Receives order in the US
  • Welspun Corp commissions multiple units at Kutch plant

    22 Jul 2022 , 10:08AM Welspun Corp announces the commissioning of its state-of-the-art Blast Furnace and Sinter plant
  • Welspun Corp bags order from Saline Water Conversion Corporation

    14 Jul 2022 , 11:49AM Welspun Corp bags Rs. 689 cr order from Saline Water Conversion Corporation in Saudi Arabia
  • Welspun Corp

    27 Jun 2022 , 9:35AM Welspun Corp: The company has secured various orders to be executed from India and the USA across the oil & gas and water sector, of ~47,000 MT amounting to ~Rs600 crore. These include an order for the supply of 19700 MT of onshore coated pipes and 180 bends for a gas pipeline project in Australia and the order is expected to executed in H2FY23 from its Anjar plant in India. Positive read through for Welspun Corp.
  • Welspun Corp

    2 Jun 2022 , 10:15AM The company’s associate East Pipes Integrated Company for Industry (EPIC) in Saudi Arabia has signed a contract with the Saline Water Conversion Corporation valued at SAR490 million to supply and deliver steel pipes for a water transmission project. The project duration is of 12 months and would be reflected in FY23 earnings and is positive for Welspun Corp.
  • Welspun Corp bags single largest order in its history

    20 May 2022 , 11:15AM Welspun Corp wins single largest order for supply of pipes valued at Rs. 5000 plus crore (approx) in the United States.
  • Welspun Corp bags order of Rs. 706 cr from IOCL

    2 May 2022 , 12:24PM Welspun Corp receives prestigious order from Indian Oil Corporation Ltd (IOCL) of approximately 48,000 MT
  • Welspun Corp bags export order from South East Asia of approx 55,000 mt

    25 Apr 2022 , 10:44AM Receives major export order from South East Asia of approximately 55,000 MT
  • Welspun Corp

    30 Mar 2022 , 12:40PM The company’s Saudi Arabia associate East Pipes Integrated Company for Industry has won an order of Rs 1,001 crore from Saline Water Conversion Corp. Positive read through for Welspun Corp.
  • Welspun Corp

    1 Oct 2021 , 9:19AM Regulatory authority for capital markets in Saudi Arabia, has approved the Initial Public Offering of East Pipes Integrated Company EPIC) for the offering of 6,300,000 shares or 30% of its share capital. The divestment of shares will be done by the JV partners in proportion to their shareholding in EPIC. Welspun Corp holds 50% in the EPIC through its overseas subsidiary and post the proposed listing, its stake will not reduce below 35% in EPIC. IPO for EPIC would result in value unlocking and is positive for Welspun Corp.
  • Welspun Corp bags multiple order worth Rs. 1,400 cr

    20 Sep 2021 , 12:41PM Receives multiple orders of approximately 120 KMT valuing close to Rs. 1,400 crore
  • Welspun Corp

    14 Jun 2021 , 11:45AM The company plans to set up a greenfield facility at Anjar to enter the Ductile Iron pipe (primarily used for water transmission pipelines) business with a capacity of 400 KMTPA (from earlier proposed 250 KMTPA) and add DI fittings to the product range. The plant would be set up at an estimated capex of Rs1550 crore and expected to ger commissioned by April 2022. Positive read through for Welspun Corp.
  • Welspun Corp secures order worth Rs. 1725 cr

    9 Jun 2021 , 11:58AM Welspun Corp receives multiple orders of approximately 164 KMT valuing close to Rs. 1,725 crore
  • Welspun Corp

    9 Jun 2021 , 9:36AM The company has received multiple orders of ~164 KMT valuing close to Rs 1,725 crore. These include reinstatement of an offshore sour pipes supply contract (270 km / 87 KMT) in Australia for the Barossa Offshore Development Project. The company’s order book now stands at 525 KMT valued at approximately Rs 4,800 crore. Positive for Welspun Corp.
  • Welspun Corp

    7 Jun 2021 , 9:18AM Welspun Corp: American Petroleum Institute (API) has granted a license to manufacture SAWH pipes as per API specification 5L and to apply API monogram on the pipes effective May 26, 2021. This will help the company to cater to the needs of the Indian oil and gas market by supplying coated API pipes. Positive read through for Welspun Corp.
  • Welspun Corp bags order worth Rs. 777 crore

    18 Mar 2021 , 11:38AM Welspun Corp gets order of approximately 93 KMT worth Rs. 777 crore
  • Welspun Corp

    30 Sep 2020 , 11:18AM The company has received multiple orders of ~147 KMT valued at ~Rs1,400 crore. With the recent new orders, the company overall order book stands at 755KMT valued at ~Rs 6,300 crore.
  • Welspun Corp hits 5% upper circuit

    30 Sep 2020 , 11:07AM Welspun Corp hits 5% upper circuit to Rs. 113.70, on receiving orders worth Rs. 1,400 crore
  • Welspun Corp

    7 Aug 2020 , 9:42AM The board of directors of Welspun Corp has approved the listing of Welspun Middle East Pipes (WMEPL) on the local exchanges of Saudi Arabia. The company would divest maximum of its stake in 15% in WMEPL through its overseas subsidiary. The total consideration will be exceeding $30 million (at pro-rata basis) along with proportionate shares to be divested by local partners. The company holds 50% stake in WMEPL.
  • Welspun Corp

    4 Aug 2020 , 11:35AM The company has received multiple orders across geographies including USA, KSA and India of approximately 106 KMT valuing close to INR 1,000 crore. With these orders, the company's order book stands at 759 KMT valued at approximately Rs6,200 crore.
  • Welspun Corp gets multiple orders

    3 Aug 2020 , 3:16PM Welspun Corp gets multiple orders across geographies including USA, KSA and India
  • Welspun Corp gets contracts for supply of pipes

    21 May 2020 , 11:54AM Welspun Corp win orders for supply of 102 KMT of pipes
  • Welspun Corp

    23 Apr 2020 , 10:49AM The company has partially resumed production from its pipe facilities at Jamunia, Near Bhopal (Madhya Pradesh) with full compliance to the safety conditions with respect to COVID-19.
  • Welspun Corp

    15 Apr 2020 , 10:58AM The company has partially started operations at its Anjar plant with production of LSAW pipes for a export order of strategic operations. The company has also resumed pipe operations and partially the coating operations at Dammam (Kingdom of Saudi Arabia), with full compliance to the conditions of operation as stipulated in the permission to avoid any infection due to COVID-19.
  • Welspun Corp

    23 Mar 2020 , 11:04AM The company has announced that one of the orders of 159KMT which was slated to be executed in FY20-21 from its US facility has been deferred for a period of 9 months by the customer owing to the unprecedented energy environment. The company has stated that this deferment would not have financial impact on our committed costs as it is fully covered on the same contractually. The deferred of order execution is negative for Welspun Corp as the same has resulted into reduction in order book by 14% to ~980KMT.
  • Welspun Corp wins contract in Australia

    11 Mar 2020 , 10:54AM Welspun Corp wins major offshore pipes supply contract in Australia
  • Welspun Corp

    2 Mar 2020 , 10:42AM CARE Rating have revised Welspun Corp’s credit rating to “AA; Stable Outlook” from “AA-; Positive Outlook” – Positive read through for Welspun Corp.
  • Welspun Corp

    4 Feb 2020 , 11:16AM Welspun Corp reports strong Q3FY20 results
  • Welspun Corp

    9 Dec 2019 , 12:07PM Has been awarded contracts for supply of 179 KMT of pipes for multiple projects on a global basis. Out of the above orders, 161 KMT will be serviced from our USA facility. The company's order book stands at 1,459 KMT (vs 1,357 KMT in Q2FY2019) valued at approximately INR 12,100 Cr, after considering execution up to November 2019 - positive read through for Welspun Corp.
  • Welspun Corp

    19 Nov 2019 , 11:38AM As per media reports, the Competition Commission of India (CCI) has approved the acquisition of Welspun Corp's Plates and Coiled Mill Division (PCMD) by Laptev Finance Private Limited – positive read through for Welspun Corp as the sale of PCMD would strengthen balance sheet and improve return ratios.
  • Welspun Corp begins commercial pipe production

    21 Jun 2019 , 11:50AM Plant to have a capacity of around 175 KMT per annum
  • Welspun Corp board to consider dividend, buyback of shares

    10 May 2019 , 11:17AM Board to consider dividend and buyback of equity shares
  • Welspun Corp receives additional pipe orders

    11 Apr 2019 , 10:02AM Welspun Corp get additional pipe orders of 180 KMT on a global basis
  • Welspun Corp announces value unlocking of approx. Rs 940 crores

    1 Apr 2019 , 9:16AM Welspun Corp: Announces value unlocking of approx. Rs 940 Crores through the divestment of its Plate and Coil Mill Division (PCMD) and its 43 MW Power Division. Post this deal company will become net cash positive –Positive read-thru
  • Welspun Corp gets additional pipe orders on global basis

    12 Mar 2019 , 10:13AM Additional pipe orders of 212 KMT on global basis
  • Welspun Corp up on order win for supply of 220 KMT of pipes

    7 Sep 2018 , 10:55AM Welspun Corp rises by 5% to Rs. 183.9, after entering in to an agreement for supplying 220 KMT of pipes for oil & gas project in the American region
  • Welspun Corp bags Greentech Environment Gold Award 2018

    4 Jun 2018 , 10:40AM Welspun Corp announces that the company's pipe manufacturing unit at Anjar (Gujarat) has received the '18th Annual Greentech Environment Gold Award 2018'
  • Welspun Corp gains on winning order

    10 Apr 2018 , 2:52PM Welspun Corp rises by 5% at Rs148.6, after winning order for supply of 4.17 lakh million tonnes of large diameter pipes for a water project in MENA
  • Welspun Corp secures supply of 1.24 lakh MT pipes order

    26 Dec 2017 , 11:51AM Positive read through as Welspun Corp announced that it has received an order for the supply of 1.24 lakh MT pipes.
  • Welspun Corp gets order for 124 K MTs pipes; stk gains

    26 Dec 2017 , 10:14AM Welspun Corp surges over 13% to Rs155, after receiving orders for supply of at 124 K MTs pipes
  • Welspun Corp: View point

    5 Aug 2017 , 2:49PM During Q1FY2018, Welspun Corp reports strong operating performance
  • Welspun Corp's Q1FY18 result: Strong margin execution

    4 Aug 2017 , 2:34PM For Q1FY18, consolidated revenues were up 4.0%YoY to Rs1,618.2 crore, driven by 5% YoY increase in sales of pipes during the quarter.

Key fundamentals

Evaluate the intrinsic value of Welspun Corp Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 4809.74 4971.52 4365.853 3237.744 2321.244
Liabilities 4809.74 4971.52 4365.853 3237.744 2321.244
Equity 130.83 130.77 130.475 130.443 130.443
Gross Profit 489.13 675.37 304.393 613.12 285.081
Net Profit 476.35 528.64 485.723 1018.042 268.14
Cash From Operating Activities 637.68 -323.38 193.291 378.293 16.157
NPM(%) 5.24 7.64 9.18 19.26 6.3
Revenue 9081.78 6916.67 5287.873 5285.414 4253.396
Expenses 8592.65 6241.3 4983.48 4672.294 3968.315
ROE(%) 7.88 8.75 8.04 16.86 4.44

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
28 Jun 2024 5 100 0.65 601.55
09 Aug 2021 5 100 0.65 141.8
06 Aug 2020 0.5 10 0.65 80.85
12 Feb 2020 10 200 0.65 186.9
04 Jul 2019 0.5 10 0.65 133.2
25 Jun 2018 0.5 10 0.65 143.15
22 Jun 2017 0.5 10 0.65 87.95
23 Jun 2016 0.5 10 0.65 87.85
18 Jun 2015 0.5 10 0.65 65
19 Jun 2014 0.5 10 0.65 80.1
19 Sep 2013 0.5 10 0.65 49.7
23 Aug 2012 0.5 10 0.65 121.2
29 Jun 2011 2 40 0.65 171.85
05 May 2010 2 40 0.65 274.4
08 Jun 2009 1.5 30 0.65 169
29 Jul 2008 1.5 30 0.65 435.7
09 Jul 2007 1 20 0.65 145.3
21 Sep 2006 0.5 10 0.65 57.5

Peers

Other companies within the same industry or sector that are comparable to Welspun Corp Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
P S Raj Steels Ltd 139.80 1.27 0.00 47.73 84.41 0.00
Vaswani Industries Ltd 40.52 -4.05 13.07 2335.35 28.82 0.00
Kirloskar Ferrous Industries Ltd 452.20 0.00 33.65 12783.71 361.87 1.22
Prakash Steelage Ltd 6.79 0.15 3.30 13622.87 330.78 0.00

Company Info

YEAR EVENTS 2002 -Bags international order worth Rs.62 cr for three layer PE and internal epoxy lining coated spiral pipes. 2003 -Bags prestigious order from Petroiran Development company, from Iran worth US $102 million. -Board approves to forfeit partly paid equity shares of face value of Rs.10 each. -IFCI offloads 3.03 cr shares of WGSRL in the secondary market. 2004 -Welspun Gujarat forays into weld pipes biz -Welspun Gujarat Stahl bags Rs 4070 million Saw Pipes order in Libya -Welspun Gujarat ties up with Eupec Group 2005 -WGRSL to restart trading on BSE, NSE from May 24 2006 -Welspun to acquire 40% stake in Joint Venture with TMK -Welspun-Gujarat Stahl enters into a definitive agreement to form a JV with Lone Star Technologies Inc. USA -Welspun sets up JV with Russian firm 2007 -Welspun-Gujarat Stahl Rohren Ltd has bagged prestigious pipeline orders worth Rs 1166 crores (USD 288 million) for the supply of line pipes overseas. 2008 -Welspun Gujarat wins Emerging Company of the Year Award - Economic Times - September 29, 08 2009 - Welspun-Gujarat Stahl Rohren Ltd has appointed Mr. Asim Chakraborty as a director on the Board of the Company w.e.f. April 20, 2009. - Welspun-Gujarat Stahl Rohren Ltd has informed BSE regarding a Press Release dated June 29, 2009 titled "Welspun-Gujarat bags fresh orders worth Rs 960 Crore; Order book swells to Rs 8,700 Crore" -Govt. signs MOUs worth Rs. 10 Cr - Times of India - August 18, 09 -Indian steel mill forges ahead in the U.S. - Wall Street Journal - May 4. 09 2010 -Welspun bags order worth Rs. 600 cr- Economic Times - 19 March 2010 -Welspun Gujarat buys 75% stake in MSK Projects - Economic Times - 19 March 2010 - Welspun Gujarat Stahl Rohren Ltd. (WELSPUN), the flagship Company of the US$ 3 billion Welspun Group and the 2nd largest Line Pipe Manufacturer in the World, today announced the appointment of Mr. Lauri Antero Malkki as its CEO. -Company has changed its name from Welspun Gujarat Stahl Rohren Ltd. to Welspun Corp Ltd. 2011 -Welspun bags pipe orders worth Rs 1,182 cr -Welspun Corp bags new order of Rs 788 crores -Welspun Corp delivers stronger performance 2012 -Welspun wins 125 mw solar bid in MP -Welspun Corp bags New Orders of Rs 1217 Crore -Welspun Corp bags New Orders of Rs. 923 Crore taking order book to Rs. 5,377 Crore -Welspun Corp bags New Orders of Rs. 2,070 Crore 2013 -Welspun Energy commissions 15MW solar project in Rajasthan. 2014 - Welspun Corp bags news orders to take its order book to Rs. 5,800. 2015 -Welspun Corp enters into JV with Wasco Energy -Welspun Corp Ltd Pipe manufacturing facility at Anjar (Kutch, Gujarat) has been awarded with the "Certificate of Appreciation for Good Practice in Quality System -Welspun wins award for contribution in engineering exports -Welspun Corp wins supply order -Welspun Corp zooms on winning order for onshore project 2016 -Welspun Corp bags order for offshore project in Middle East. -Welspun Corp's manufacturing unit at Anjar, Gujarat has been awarded four awards in the 27th Annual Convention on Quality Concepts organized by the Quality Circle Forum of India. -Welspun Corp bags line-pipe order from American company. 2017 -Welspun Corp received an order for supply of 57K MTs pipes for water project in India -Welspun Corp rreceived the 'Platinum Award' from the Quality Council of India -Welspun Corp's plant at Anjar declared as the Winner of 'Golden Peacock National Quality Award' for the year 2017 2018 -Welspun Corp is Amalgamation of Welspun Pipes Limited -Amalgamation of Welspun Pipes Limited got Gold Medal in National Awards for Manufacturing Competitiveness 2017- 18 -Welspun Corp bags Greentech Environment Gold Award 2018 2019 -Welspun Corp has received 'Apex India OHS Excellence Award' from Apex India Foundation for its outstanding work in field of Occupation Health & Safety. 2020 -Welspun Corp has been declared as the Winner of 'Golden Peacock National Quality Award' for the year 2020 2021 -Welspun Corp has received multiple orders of approximately 164 KMT Rs 1,725 Crore 2022 -Welspun Corp Ltd announces Commencement of the Ductile Iron Pipes facility in Anjar. -Welspun Metallics launches Rs. 2000 crore manufacturing facility in Gujarat. -Welspun Corp wins order for carbon capture pipeline project in the US. -Welspun Corp associate company bags Rs 689-cr steel pipe order in Saudi. -Welspun Corp bags over Rs 5,000-cr pipe order from US client. 2023 -The company has won the Gold Award for excellence within its Competition Class by League of American Communications Professionals LLC (LACP) in its Global Communication, 2023 Inspire Awards'. -Welspun Corp Limited has informed the Exchange about Scheme of Amalgamation of Welspun Metallics Limited with Welspun Corp Limited. -Welspun Corp bags contract to supply 61,000 MT of LSAW pipes, bends to Middle East.

YEAR EVENTS 2002 -Bags international order worth Rs.62 cr for three layer PE and internal epoxy lining coated spiral pipes. 2003 -Bags prestigious order from Petroiran Development company, from Iran worth US $102 million. -Board approves to forfeit partly paid equity shares of face value of Rs.10 each. -IFCI offloads 3.03 cr shares of WGSRL in the secondary market. 2004 -Welspun Gujarat forays into weld pipes biz -Welspun Gujarat Stahl bags Rs 4070 million Saw Pipes order in Libya -Welspun Gujarat ties up with Eupec Group 2005 -WGRSL to restart trading on BSE, NSE from May 24 2006 -Welspun to acquire 40% stake in Joint Venture with TMK -Welspun-Gujarat Stahl enters into a definitive agreement to form a JV with Lone Star Technologies Inc. USA -Welspun sets up JV with Russian firm 2007 -Welspun-Gujarat Stahl Rohren Ltd has bagged prestigious pipeline orders worth Rs 1166 crores (USD 288 million) for the supply of line pipes overseas. 2008 -Welspun Gujarat wins Emerging Company of the Year Award - Economic Times - September 29, 08 2009 - Welspun-Gujarat Stahl Rohren Ltd has appointed Mr. Asim Chakraborty as a director on the Board of the Company w.e.f. April 20, 2009. - Welspun-Gujarat Stahl Rohren Ltd has informed BSE regarding a Press Release dated June 29, 2009 titled "Welspun-Gujarat bags fresh orders worth Rs 960 Crore; Order book swells to Rs 8,700 Crore" -Govt. signs MOUs worth Rs. 10 Cr - Times of India - August 18, 09 -Indian steel mill forges ahead in the U.S. - Wall Street Journal - May 4. 09 2010 -Welspun bags order worth Rs. 600 cr- Economic Times - 19 March 2010 -Welspun Gujarat buys 75% stake in MSK Projects - Economic Times - 19 March 2010 - Welspun Gujarat Stahl Rohren Ltd. (WELSPUN), the flagship Company of the US$ 3 billion Welspun Group and the 2nd largest Line Pipe Manufacturer in the World, today announced the appointment of Mr. Lauri Antero Malkki as its CEO. -Company has changed its name from Welspun Gujarat Stahl Rohren Ltd. to Welspun Corp Ltd. 2011 -Welspun bags pipe orders worth Rs 1,182 cr -Welspun Corp bags new order of Rs 788 crores -Welspun Corp delivers stronger performance 2012 -Welspun wins 125 mw solar bid in MP -Welspun Corp bags New Orders of Rs 1217 Crore -Welspun Corp bags New Orders of Rs. 923 Crore taking order book to Rs. 5,377 Crore -Welspun Corp bags New Orders of Rs. 2,070 Crore 2013 -Welspun Energy commissions 15MW solar project in Rajasthan. 2014 - Welspun Corp bags news orders to take its order book to Rs. 5,800. 2015 -Welspun Corp enters into JV with Wasco Energy -Welspun Corp Ltd Pipe manufacturing facility at Anjar (Kutch, Gujarat) has been awarded with the "Certificate of Appreciation for Good Practice in Quality System -Welspun wins award for contribution in engineering exports -Welspun Corp wins supply order -Welspun Corp zooms on winning order for onshore project 2016 -Welspun Corp bags order for offshore project in Middle East. -Welspun Corp's manufacturing unit at Anjar, Gujarat has been awarded four awards in the 27th Annual Convention on Quality Concepts organized by the Quality Circle Forum of India. -Welspun Corp bags line-pipe order from American company. 2017 -Welspun Corp received an order for supply of 57K MTs pipes for water project in India -Welspun Corp rreceived the 'Platinum Award' from the Quality Council of India -Welspun Corp's plant at Anjar declared as the Winner of 'Golden Peacock National Quality Award' for the year 2017 2018 -Welspun Corp is Amalgamation of Welspun Pipes Limited -Amalgamation of Welspun Pipes Limited got Gold Medal in National Awards for Manufacturing Competitiveness 2017- 18 -Welspun Corp bags Greentech Environment Gold Award 2018 2019 -Welspun Corp has received 'Apex India OHS Excellence Award' from Apex India Foundation for its outstanding work in field of Occupation Health & Safety. 2020 -Welspun Corp has been declared as the Winner of 'Golden Peacock National Quality Award' for the year 2020 2021 -Welspun Corp has received multiple orders of approximately 164 KMT Rs 1,725 Crore 2022 -Welspun Corp Ltd announces Commencement of the Ductile Iron Pipes facility in Anjar. -Welspun Metallics launches Rs. 2000 crore manufacturing facility in Gujarat. -Welspun Corp wins order for carbon capture pipeline project in the US. -Welspun Corp associate company bags Rs 689-cr steel pipe order in Saudi. -Welspun Corp bags over Rs 5,000-cr pipe order from US client. 2023 -The company has won the Gold Award for excellence within its Competition Class by League of American Communications Professionals LLC (LACP) in its Global Communication, 2023 Inspire Awards'. -Welspun Corp Limited has informed the Exchange about Scheme of Amalgamation of Welspun Metallics Limited with Welspun Corp Limited. -Welspun Corp bags contract to supply 61,000 MT of LSAW pipes, bends to Middle East.

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Parent Organisation

Welspun Corp Ltd.

Founded

26/04/1995

Managing Director

Mr.Vipul Mathur

NSE Symbol

WELCORPEQ

FAQ

The current price of Welspun Corp Ltd is ₹ 770.45.

The 52-week high for Welspun Corp Ltd is ₹ 784.00 and the 52-week low is ₹ 764.00.

The market capitalization of Welspun Corp Ltd is currently ₹ 20279.93. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Welspun Corp Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Welspun Corp Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Welspun Corp Ltd shares.

The CEO of Welspun Corp Ltd is Mr.Vipul Mathur, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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