India's Welspun Corp up on orders worth $244.7 mln

Welspun

22/03/2024 06:06

** Shares of Welspun Corp  WGSR.NS  up 2.4% at 536.8 rupees
    ** Pipe maker says it won line pipe orders cumulatively
worth 20.39 bln rupees ($244.7 mln)
    ** Stock climbed as much as 3.9% before trimming some gains
    ** Stock on track to rise in third straight session, if
trend holds
    ** Stock set for best week since late January
    ** Avg rating of four analysts is "buy"; avg PT is 662
rupees - LSEG data

($1 = 83.3380 Indian rupees)

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))