Welspun Corp Ltd - Company Profile
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Welspun Corp Ltd (WCL) produces and supplies large diameter pipes. Project portfolio, cash position, and order book are its major strengths, even as decline in revenue remains a cause for concern. Recovery of global steel demand, positive outlook for the Indian construction industry, and growth initiatives could present new growth opportunities to the company. However, increase in minimum wages in India, stringent rules and regulations in India, and cost overruns could affect the company’s performance.
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