Smart Money Alert

Welspun Corp Limited

New PositionQuarterly

WELCORPIron & Steel ProductsMarket Cap₹69K Cr

Stake

1.48%

American Funds (Capital Group)

Foreign Investor

The move

American Funds (Capital Group) took a new position in Welspun Corp Limited with 38,94,663 shares, a 1.48% stake worth ₹61.5 Cr at ₹1581.50 apiece.

About Welspun Corp Limited

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One of the world's largest manufacturers of large diameter pipes, Welspun Corp produces steel billets, TMT rebars, ductile iron pipes, stainless steel pipes, tubes, and bars for diverse industrial applications. The company expanded into building materials through acquiring Sintex-BAPL, a market leader in water tanks and plastic products. It also made a strategic acquisition of specified assets from ABG Shipyard to strengthen its industrial presence.

About American Funds (Capital Group)

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India equity holdings of American Funds, the mutual fund family of Capital Group. Long-only, fundamentally driven strategy.

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Aberdeen

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26 Aug 2026. Sign in to see this move

Aberdeen

Direction, size, price and stake change for this move, with what it means for the company.