India's Welspun Enterprises rises on order win
** Shares of Welspun Enterprises WELS.NS rise as much as
5.9% to 590 rupees
** Co got order worth 19.9 bln rupees ($237.5 mln) for water
distribution tunnel
** Stock last up 2%
** ~852,000 shares traded so far, busiest day since Aug. 30
** Stock up ~74% YTD vs 76.5% climb in rival KEC
International KECL.NS
($1 = 83.7840 Indian rupees)
(Reporting by Varun Vyas in Bengaluru)
((varunvyas.hebbalalu@thomsonreuters.com))
Recent news on Welspun Enterprises
See all newsBrief: Welspun Enterprises Limited March-Quarter Consol Net Profit 1.45 Billion Rupees
Brief: Welspun Enterprises Receives Project Order Worth 73 Billion Rupees
Brief: Welspun Enterprises To Buy 20% Stake In Welspun Corporate Services
Brief: Welspun Enterprises Dec-Quarter Consol Net Profit 267.2 Million Rupees
Brief: Welspun Enterprises Sept-Quarter Consol Net Profit 878.9 Million Rupees