Daily BriefsIndia

Daily Brief India: Welspun Corp, SGX Rubber Future TSR20 and more

In today’s briefing:

  • The Beat Ideas: Welspun Corp- Growth, Capex, Acquisition & Revival of Bankrupt Companies
  • Indian Tire Players In Bid To Expand Reach Within And Outside


The Beat Ideas: Welspun Corp- Growth, Capex, Acquisition & Revival of Bankrupt Companies

By Sudarshan Bhandari

  • Welspun Corp (WLCO IN) expanded from just SAW pipe company to DI Pipe, TMT Bars, Building solutions and PVC Pipes as well. 
  • Company is known for reviving bankrupt companies, On the path to revive Sintex and ABG Shipyard.
  • high growth from US, Saudi and India driving the growth with capex 

Indian Tire Players In Bid To Expand Reach Within And Outside

By Vinod Nedumudy

  • JK Tyres to pump in INR 1400 crore in two-three years
  • Apollo Tyres consolidates R&D in Europe
  • Gravita India to acquire waste tire recycling plant in Romania 

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