In this thread intend to share the thesis of Welspun corp. The company has three plants in USA, Saudi and India. Its USA and Saudi plant are fully booked and in India its operating at 60% capacity. The company has recently commissioned its Ductile Iron Pipes and Steel pipes division. We can expect further revenue flowing from this space as well. The company has gudied for a EBDITA of 1500cr from the present 500cr in a year’s time. I believe given the completion of capex and the higher margin business the company looks set to outdo itself.
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