India's Welspun Enterprises rises on bagging 793 million-rupee order

Welspun Enterprises

27/03/2025 08:36

** Infrastructure developer Welspun Enterprises WELS.NS rises 1.6% to 509.1 rupees

** Cobags order worth 792.9 million rupees ($9.2 million), excluding tax, from a local governing body in Gujarat state

** Project, which involves rehabilitating a drainage line, has a 12-month timeline

** With project, co's order book grows to 29.94 billion rupees from 29.15 billion rupees

** Shares of WELS have risen 64.6% in the last 12 months

(Reporting by Ananta Agarwal in Bengaluru)

((Ananta.Agarwal@thomsonreuters.com))