Welspun Enterprises Limited (NSE: WELENT) saw an increase in its stock price, gaining ₹19.65 (+3.65%) to trade at ₹558.45 as of 9:42 AM.
The rise in the stock price follows the company’s receipt of a letter of acceptance for a ₹1,989 crore waterway tunnel project from Brihanmumbai Municipal Corporation (BMC), which has boosted investor confidence in the company’s project execution capabilities.
Disclaimer: This information is for informational purposes only and should not be considered as investment advice.