WELENT

Welspun Enterprises' shares are expected to remain in focus on July 14 after its subsidiary, Welspun Pune Shirur Projects, signed a concession agreement with the Maharashtra State Infrastructure Development Corporation (MSIDC) and the Government of Maharashtra for the Rs 7,300 crore Pune-Shirur highway project. The project involves the construction of a six-lane partially elevated highway corridor and the upgradation of the existing Pune-Shirur stretch of NH-753F in Maharashtra. It will be executed under the Design, Build, Finance, Operate and Transfer (DBFOT) model. The sub-concession period is 29 years, including a four-year construction phase starting from the appointed date. The agreement also includes provisions for extending the concession period, subject to its terms. Welspun Enterprises' stock has rallied around 40% over the past three months. It hit a 52-week high of Rs 634.15 on July 1, 2026, and a 52-week low of Rs 391.20 on March 16, 2026. The stock is currently trading 2.87% below its 52-week high and 57.45% above its 52-week low, giving the company a market capitalisation of Rs 8,525.6 crore.