Welspun India Limited has prepaid term loans of Rs. 374.27 crore

Welspun India Limited has prepaid term loans of Rs. 374.27 Crore as on March 31, 2021 along with other installments which were due as on the year end on standalone basis.

With this prepayment, the outstanding term loan on standalone basis as on March 31, 2021 stands at Rs. 359.99 Crore vis a vis Rs. 1,023.57 Crore as on March 31, 2020. The weighted average interest rate of the loans prepaid by the Company was 8.48% p.a.

Shares of WELSPUN INDIA LTD. was last trading in BSE at Rs.81.1 as compared to the previous close of Rs. 83.6. The total number of shares traded during the day was 102894 in over 1747 trades.

The stock hit an intraday high of Rs. 86.55 and intraday low of 80. The net turnover during the day was Rs. 8516007.

Source : Equity Bulls

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