India's Welspun Enterprises up as Q4 profit more than doubles

Welspun Enterprises

22/05/2023 07:08

** Shares of Welspun Enterprises Ltd  WELS.NS  rise as much
as 4.25% to 157 rupees
    ** Construction engineering firm's stock up after it
reported Q4 consolidated net profit more than doubled and
revenue from operations jumped 78%
    ** Core profit up 26% 
    ** About 324,449 shares change hands as of 11:22 a.m. IST,
1.1x the 30-day avg - Refinitiv data

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))