Welspun India jumps on partnership with Target

Welspun Living

14/05/2021 08:53

** Shares of Indian textile manufacturer  WLSP.NS  rise as
much as 6.8% to 97.45 rupees in a weak Mumbai market  .NSEI 
    ** WLSP to work together with U.S. retail giant Target Corp
 TGT.N  again https://bityl.co/6puv
    ** Until FY16, business with Target accounted for almost 10%
of co's overall business - WLSP
    ** Co did not give details of the new partnership with
Target
    ** More than 5.2 mln shares trade as of 0748 GMT, vs 30-day
avg of ~2.3 mln shares
    ** WLSP up ~34% this year up to last close


 (Reporting by Chris Thomas in Bengaluru)
 ((chris.thomas@thomsonreuters.com; +91-80-6749-8695; Reuters
Messaging: chris.thomas.thomsonreuters.com@reuters.net))