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Welspun Enterprises Ltd. ( (IN:WELENT) ) has provided an update.
Welspun Michigan Engineers Limited, a subsidiary of Welspun Enterprises Ltd., has secured a significant work order from Vadodara Municipal Corporation for the rehabilitation of a drainage line in Vadodara, Gujarat, valued at approximately Rs. 79.29 Crore. This project, to be completed within 12 months starting April 2025, marks a strategic entry into a new market for the company, enhancing its order book to Rs. 2,994.71 Crore. The project underscores the company’s growth in urban infrastructure and its commitment to sustainability, potentially impacting its market positioning and stakeholder interests positively.
More about Welspun Enterprises Ltd.
Welspun Enterprises Ltd. operates in the infrastructure sector, focusing on engineering, procurement, and construction (EPC) projects. Its primary services include urban infrastructure development, with a commitment to sustainability and public health.
YTD Price Performance: -15.45%
Average Trading Volume: 34,346
Current Market Cap: 70.3B INR
For an in-depth examination of WELENT stock, go to TipRanks’ Stock Analysis page.