India's Welspun Corp jumps after doubling quarterly profit

Welspun

31/10/2025 05:15

**Welspun Corp rises as much as 6.35% to 985 rupees apiece, highest in nearly five-months since June 10

**Home infrastructure co's quarterly consol net profit doubles to 4.4 billion rupees

**Co's quarterly revenue from ops increases by 32.5% to 43.74 billion rupees

**Co also increases stake in Welspun Speciality Solutions to 55.17%; incorporated two subsidiaries in the UAE

**More than 3.46 million shares change hands vs 30 day average of 560,935 shares

**Stock rated as "Strong Buy" by 3 analysts on average; median PT at 1,163 rupees as per data compiled by LSEG

**YTD, stock up 19.81%

 (Reporting by Mridula Kumar)

 ((Mridula.kumar@thomsonreuters.com))