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Welspun Enterprises arm signs Rs 7,300 crore Pune-Shirur highway project; shares down marginally

14 Jul , 2026   By : Debdeep Gupta


Welspun Enterprises arm signs Rs 7,300 crore Pune-Shirur highway project; shares down marginally

Welspun Enterprises share price down marginally in the opening trade on July 14 after the company's subsidiary, Welspun Pune Shirur Projects, signed a concession agreement with the Maharashtra State Infrastructure Development Corporation (MSIDC) and the Government of Maharashtra for the Rs 7,300 crore Pune-Shirur highway project.


At 09:32am, Welspun Enterprises was quoting at Rs 614.85, down Rs 1.10, or 0.18 percent, on the BSE


The project involves construction of a six-lane partially elevated highway corridor, along with the improvement of the existing Pune-Shirur stretch of NH-753F in Maharashtra, on design, construction, financing, operation and transfer (DBFOT) mode.


The total sub-concession period is 29 years, including a four-year construction period commencing from the appointed date, with provisions for extension as per the concession agreement.


In the previous trading session, Welspun Enterprises shares closed at Rs 615.95, up 0.37%.


The stock has gained around 40% over the last three months.


It touched a 52-week high of Rs 634.15 on July 1, 2026, and a 52-week low of Rs 391.20 on March 16, 2026. The stock is currently trading 2.87?low its 52-week high and 57.45?ove its 52-week low, with a market capitalisation of Rs 8,525.6 crore.


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