Shares of Welspun Corp spiked over 13 per cent on the Bombay Stock Exchange after the company said that it received orders for supply of 124 K MTs pipes.
Following the announcement, shares of the company gained as much 13.51 per cent to touch an intra-day high of Rs 155.00 apiece on the Bombay Stock Exchange.
In a similar fashion, shares of the firm were trading 4.24 per cent higher at Rs 142.45 apiece on the National Stock Exchange.
Meanwhile, the broader benchmark BSE Sensex was trading at 33,938.43, down 1.87 points, or 0.01 per cent, at 11:30 hours.