Welspun India climbs 6% on proposed e-commerce portal in US
NEW DELHI: Shares of Welspun India, the largest exporter to the US home textile market and the third biggest manufacturer of such items, surged over 6 per cent in Monday's trade, as the company announced launching of an e-commerce portal for its US market and bullish revenue targets.The development saw the scrip hit an intraday high of Rs 770.50, up 6.17 per cent.
The company, which has a 5 per cent market share in the $17 billion US home textiles market, making it the singl ..
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