Welspun Enterprises Limited (WEL) part of the Welspun Group is an operating Company as well as a holding company The year of 2014-15 was a year of consolidation for the company During the year the company divested its DRI business Welspun Maxsteel Ltd. Minimize Indicators. Please be aware of the risk's involved in trading & seek independent advice, if necessary. He picked Welspun India which he said is poised to do well from here. Welspun House, 7th Floor, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai 400 013, India. Home India News From a small entity, today, Welspun has reached the milestone of being named one of Indiaâs fastest-growing conglomerates, with a presence in 50 countries globally, annual revenues of USD 2.7 billion, a fixed asset base of USD 1.1 billion, an employee base of over 26,000+, and 100,000+ shareholders. The facility is situated at 2nd IndustrialArea, Dammam in the Kingdom of Saudi Arabia, about 40 kms from AL Khobar towards Hufuf. Adani Welspun Exploration Ltd. (AWEL), a joint venture between the Adani Group and Welspun Enterprises, has made a first-ever gas discovery in the NELP-VII block located in the Mumbai offshore basin. Welspun One Logistics Parks, a pan-India asset development and management platform backed by the Welspun Group, has announced the first close of its debut fund at Rs 300 crore (around $41.4 million). In record time. Sharekhan's research report on Welspun India. We have built Indiaâs first 14-lane sustainable green expressway. In record time. Its clients include companies operating in the oil and gas and retail sectors such as ⦠Welspun Middle East started its operation in 2010 when Welspun Corp Ltd. acquired 50.01% interest in Aziz European Pipe Factory. A joint venture of Adani Group and Welspun Enterprises Ltd has discovered natural gas reserves in an area off the Mumbai coast, the two firms said in a statement Monday. Across projects spanning highways, water, oil and gas, Welspun builds infrastructure that enables, enhances and enriches the lives of the people it touches. The trading volumes in Welspun India stock have grown significantly, Thakkar said Get more Markets ⦠Welspun Group, is an Indian multinational conglomerate company, headquartered in Mumbai, India, whose core industries are steel, energy, and textiles.Welspun is one of India's fastest growing conglomerates doing business in over 50 countries with 25890 employees and over 1,000,000 shareholders. US$ 2.3 billion Welspun Group is an amalgamation of expertise, resources, opportunities and engineering excellence. Across projects spanning highways, water, oil and gas, Welspun builds infrastructure that enables, enhances and enriches the lives of the people it touches. Indiaâs exports of terry towels and bed-sheets to the US grew by ~19% and 47% in January. Welspun Enterprises. Kukreja responded with 3 - Welspun Corp, Unichem Laboratories and Mastek. Get more Markets News and Business News on Zee Business. In the popular Special Mid-Cap Stock Picks show, Zee Business Managing Editor Anil Singhvi spoke to market expert Ashish Kukreja on Tuesday and asked him to reveal his stock picks for the day that would generate good returns for investors. Welspun Enterprises. We have built Indiaâs first 14-lane sustainable green expressway. Tel: +91 22 66136000 Tel:+91 22 24908000 Welspun India Limited. Brickwork Ratings, a SEBI registered Credit Rating Agency, has also been accredited by RBI and empanelled by NSIC, with presence in Bengaluru, Mumbai, New Delhi, Chennai and other 50+ cities Sandeep Garg, MD of AWEL, stated in an official release, âThis discovery could be a ⦠Welspun Group's exciting journey began in 1985. Welspun India stock was trading around Rs 83 at the time of recommendation. The current recovery clearly indicates that this stock has bottomed out, he said. Adani Welspun holds a 100 per cent participative interest and is the operator of this block. Ltd. Technical/Fundamental Analysis Charts & Tools provided for research purpose. ... Financial data sourced from CMOTS Internet Technologies Pvt. Analyst Jay Thakkar picked a stock from the textile sector. Welspun One Logistics Parks Fund I, launched in January, has a target corpus of Rs 500 crore. Adani Welspun Exploration Ltd (AWEL), a joint venture between the Adani Group and Welspun Enterprises Ltd, on Monday announced the discovery of gas in Tapti-Daman Sector of Mumbai offshore basin. With a global leadership position in Line Pipe and Home Textiles, its marquee client list includes most of the Fortune 100 Companies operating in Oil & Gas and Retail sectors. This is one of the largest spiral pipe manufacturing facilities in the area. 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