Welspun Enterprises gains 3% on receiving bonus for early completion of project

The share touched its 52-week high Rs 200 and 52-week low Rs 88.20 on 15 June 2018 and 11 February 2019, respectively.

Shares of Welspun Enterprises rose 3 percent intraday on Wednesday after receiving a bonus for early completion of a project.


Welspun Delhi Meerut Expressway, a wholly owned subsidiary of the company, has received Rs 27.09 crore (excluding GST) as a bonus from National Highways Authority of India (NHAI) for early completion of Delhi-Meerut Expressway Package-ion June 28, 2018, 332 days ahead of the scheduled completion date.

At 14:03 hrs Welspun Enterprises was quoting at Rs 135.50, up to Rs 2.45, or 1.84 percent.

The share touched its 52-week high Rs 200 and 52-week low Rs 88.20 on 15 June 2018 and 11 February 2019, respectively.

Currently, it is trading 32.25 percent below its 52-week high and 53.63 percent above its 52-week low.

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