General discussion about Welspun Corp Ltd.

07 May, 2018 13:33
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Welspun to be debt free by March next year. Earlier, the company had kept a target of 2020 to be debt free. As per the reports published by Economic Times, the company debt as of March 2018 stands at Rs 422 crore while its bank balance and cash reserves stands at Rs 965 crore. The company is into manufacturing of pipes and supplies to oil and gas sector. Are the valuations right to Buy Welspun at CMP?

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