India's Welspun Corp rises on MoU with Saudi Aramco

Welspun

15/01/2025 04:10

** Shares of Welspun Corp  WGSR.NS  rise as much as 6.1% to
776 rupees   
    ** The pipes and bars maker signs an MoU with Saudi Aramco
 2223.SE  to establish 350 KMTPA greenfield LSAW pipe facility
in the Kingdom of Saudi Arabia
    ** Stock set to rise most in a day since Nov 25, if gains
hold 
    ** WGSR stock gained 48.5% in 2024 

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))