Walchandnagar Industries
172.76
+1.28(+0.75%)
Market Cap₹1,171.77 Cr
PE Ratio-15.80
Company Performance:
1D+0.75%
1M+13.50%
6M-5.98%
1Y-4.60%
5Y+170.78%
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More news about Walchandnagar Industries
29Nov 25
Walchandnagar Industries Limited Announces Equity Share Allotment Under ESOP
Walchandnagar Industries Limited has allotted 30,000 equity shares to eligible employees under its Employee Stock Options Plan (ESOP). The shares, with a face value of Rs. 2, were issued at an exercise price of Rs. 60 per share. This move aims to align employee interests with shareholders and retain top talent, potentially contributing to the company's long-term success and growth strategy.
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13Nov 25
Walchandnagar Industries Reports No Deviation in Rs 247.59 Crore Preferential Issue Fund Utilization
Walchandnagar Industries Limited (WIL) has reported no deviation in the utilization of Rs 247.59 crores raised through a preferential issue of convertible equity warrants. As of September 30, 2025, funds have been used for loan repayments, capital expenditure, working capital, and general corporate purposes. The board approved minor reallocations between categories. ICRA Limited is overseeing fund utilization as the appointed Monitoring Agency.
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13Nov 25
Walchandnagar Industries Reports Second Consecutive Quarter of Positive EBITDA
Walchandnagar Industries, a Heavy Engineering sector company, reported ₹51.78 crores revenue and ₹0.61 crores EBITDA in the latest quarter. This marks the second consecutive quarter of positive EBITDA, despite a lockdown in the foundry business. The Heavy Engineering segment showed 9% sequential growth. The company reported improved net cash flow from operations of ₹12.15 crores in H1 and expects an order book of ₹150-200 crores in H2.
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30Oct 25
Walchandnagar Industries Addresses Significant Share Volume Increase
Walchandnagar Industries Limited has responded to a Bombay Stock Exchange (BSE) inquiry regarding a significant increase in its share trading volume. The company affirmed its compliance with SEBI regulations, attributing the surge to market-driven factors. Management stated that all material information has been disclosed and there is no undisclosed price-sensitive information. The company assured ongoing compliance with regulatory disclosure requirements.
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31Mar 25
Walchandnagar Industries Secures ₹307.5 Crore Contract from VSSC for Space Hardware
Walchandnagar Industries Limited (WIL) has been awarded a ₹307.50 crore contract by the Vikram Sarabhai Space Centre (VSSC) for the fabrication and supply of S139 segment hardware. The five-year contract involves producing 5 quantities each of S139 Head End Segment, Middle Segment, and Nozzle End Segment Hardware. WIL, the largest manufacturer of S139 End Segments in India, will commence delivery within six months of receiving materials. The contract reinforces WIL's crucial role in India's space program, particularly for PSLV and GSLV MK II flights.
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21Mar 25
Walchandnagar Industries Halts Production at Satara Plant Amid Labor Unrest
Walchandnagar Industries Limited has temporarily suspended production at its Satara plant from March 20, 2025, due to labor issues. The company estimates a daily loss of Rs. 10 lakh. The suspension resulted from workers' resistance to relocation attempts. Other plants in Walchandnagar, Pune, and Dharwad remain operational. Management promises updates on resumption of operations.
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05Mar 25
Walchandnagar Industries Expands Defense Portfolio with Strategic Acquisition of AICITTA
Walchandnagar Industries Limited (WIL) has acquired a 60.3% stake in AICITTA Intelligent Technology Private Limited, a defense startup specializing in Unmanned Ground Vehicles (UGVs), for ₹16 crore. The deal, announced on March 4, 2025, will be completed in tranches over 31 months, making AICITTA a wholly-owned subsidiary of WIL. This acquisition provides WIL access to next-generation defense technologies and a potential market opportunity of ₹1,400 crore through AICITTA's existing Project Sanction Order. Two working prototypes are expected to be ready for trials within 46 weeks.
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04Mar 25
Walchandnagar Industries to Acquire 60.3% Stake in Defense Tech Startup Aicitta for ₹16 Crore
Walchandnagar Industries Limited is set to acquire a 60.3% stake in Aicitta Intelligent Technology Private Limited, a Bangalore-based defense tech startup, for ₹16 crore. The acquisition, to be completed in tranches over 31 months, aims to expand Walchandnagar's presence in the defense sector, particularly in unmanned systems. Aicitta will become a subsidiary of Walchandnagar, with the first investment tranche expected to close within 45-60 days.
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Walchandnagar Industries
172.76
+1.28
(+0.75%)
1 Year Returns:-4.60%
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