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This is an archive article published on October 25, 2011

Welspun Corp stock up after fire alarm

There is no effect of this fire on the operations and on the plant & machinery,the company told stock exchanges.

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Shares of Welspun Corp rose after the company said a fire on the night of October 22,2011,in the coal conveyor belt of Welspun Steel due to a spark in coal at its Gujarat factory was doused immediately and the same is not a part of Welspun Corp or Welspun India,said institutional dealers.

There is no effect of this fire on the operations and on the plant & machinery of either Welspun Corp Ltd or Welspun India Ltd and they are fully operational,the company told stock exchanges.

It brought prompt business to the affected stock.

At 10:47 a.m. shares of Welspun Corp were at 105.15 rupees,up 2.68 percent.

Company INFO More on Welspun Corp

Stocks More on Welspun Corp

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