WELSPUNLIV

Oct 28 (Reuters) - Welspun Living Ltd WLSP.NS:

• WELSPUN LIVING LTD SEPT-QUARTER CONSOL NET PROFIT 2.01 BILLION RUPEES

• WELSPUN LIVING LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 28.73 BILLION RUPEES

• WELSPUN LIVING - PROJECT TERRY TOWEL PHASE 1 EXPECTED TO BE COMMISSIONED BY Q3FY25

• WELSPUN LIVING - APPROVED TOTAL CAPEX 10.50 BILLION RUPEES FOR PUTTING UP NEW TOWEL, BEDSHEET CAPACITY

• WELSPUN LIVING - APPROVED TOTAL CAPEX 10.50 BILLION RUPEES IN UNIT

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** Shares of home textiles maker Welspun Living WLSP.NS rise 3.2% to 183.6 rupees

** Co late on Tuesday said its unit Welspun USA approved acquisition of home textiles maker Christy Home

** Acquisition conducted at Christy Home's face value of $300,000, Welspun said

** After the acquisition, co's unit will trade in home textiles products of Christy brand in the U.S.

** With session's gains, stock extends YTD jump to 26%

(Reporting by Yagnoseni Das in Bengaluru)

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Sept 17 (Reuters) - Welspun Living Ltd WLSP.NS:

• UNIT APPROVED ACQUISITION OF CHRISTY HOME INC

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Sept 10 (Reuters) - Welspun Living Ltd WLSP.NS:

• INVESTMENT IN WELSPUN BHARGAVI

• INVESTMENT FOR SETTING-UP OF 4.60 MWP SOLAR POWER PLANT AT TELANGANA

• INVESTMENT OF 11.5 MILLION RUPEES

• PROPOSES TO ENTER INTO POWER PURCHASE AGREEMENTS WITH WBPL FOR 6.5 MILLION RUPEES

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** Shares of Welspun Living WLSP.NS fall as much as 4.5% to 198 rupees, last down 3.1%

** Shares changed hands in multiple block deals in range of 206.2-212.1 rupees a share, per LSEG data

** Stock opened 2.3% higher

** WLSP eyes busiest trading session since Oct. 2023

** Overall more than 28 mln shares traded, volumes at 4.4x the 30-day avg

** Analysts' avg rating on stock is "Buy", median PT is 210 rupees

** Including session's gains, stock up ~39% YTD

($1 = 83.8780 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Indian textile companies and garment makers surge between 3-11%

** Welspun Living WLSP.NS climbs 9%, Trident TRIE.NS up 8%, Gokaldas Exports GOKL.NS jumps 11%

** KPR Mill KPRM.NS rises 6%, Arvind ARVN.NS gains 4.3%, Arvind Fashions ARVF.NS is up 3.5%, Go Fashion GOFA.NS gains 3%

** Political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers

** Bangladesh was the third-largest clothing exporter in the world last year

** There are some hopes that because of political unrest, big brands outsourcing their manufacturing in Bangladesh may see India as an option - Pratik Tholiya, analyst with Systematix

** Some of the business may come to India. But, the manufacturing setup in India is not as robust as Bangladesh - Tholiya

(Reporting by Sethuraman NR in Bengaluru)

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July 24 (Reuters) - Welspun Living Ltd WLSP.NS:

• WELSPUN LIVING Q1 CONSOL NET PROFIT 1.86 BILLION RUPEES

• WELSPUN LIVING Q1 CONSOL REVENUE FROM OPERATIONS 25.36 BILLION RUPEES

• WELSPUN LIVING LTD - APPROVED BUY-BACK OF SHARES FOR UPTO 2.78 BILLION RUPEES

• WELSPUN LIVING- INVESTMENT IN A SPECIAL PURPOSE VEHICLE FOR ODISHA PROJECT FOR 300 MLN RUPEES

• WELSPUN LIVING- INVESTMENT IN A SPECIAL PURPOSE VEHICLE FOR ODISHA PROJECT FOR 300 MLN RUPEES

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July 1 (Reuters) - Welspun Living Ltd WLSP.NS:

• WELSPUN LIVING LTD - PROPOSES TO ENTER IN PPA WITH BHARGAVI RENEWABLE FOR SUPPLY OF RENEWABLE POWER FOR PERIOD OF 25 YRS

• WELSPUN LIVING LTD - TO MAKE EQUITY INVESTMENT FOR UPTO 40 MILLION RUPEES TO BUY ABOUT 26.33% STAKE IN SPV

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April 25 (Reuters) - Welspun Living Ltd WLSP.NS:

• APPROVED ARRANGEMENT FOR SUPPLY OF RENEWABLE ENERGY FROM MOUNTING RENEWABLE POWER

• APPROVED LIQUIDATION OF ENTITIES IN US LIKE TILT INNOVATIONS, WELSPUN NEXGEN, CHRISTY LIFESTYLE

• APPROVED WIND UP OF NON-OPERATIONAL ENTITIES IN UK, CYPRUS, MAURITIUS AND MEXICO

• APPROVED REVISION IN PROJECT COST OF TERRY TOWEL PROJECT FROM 3.26 BILLION RUPEES TO 3.41 BILLION RUPEES

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March 15 (Reuters) - Welspun Living Ltd WLSP.NS:

• UNIT APPROVED INVESTMENT WORTH UPTO 17.6 MILLION RUPEES IN WELSPUN BHARGAVI

• INVESTMENT FOR SETTING-UP OF ABOUT 8.10 MWP SOLAR POWER PROJECT

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Jan 31 (Reuters) - Indian textiles firm Welspun Living WLSP.NS reported a four-fold rise in its third-quarter profit on Wednesday as consumers bought more home furnishings during the festive period, sending its shares to a record high.

The company's consolidated net profit rose to 1.77 billion rupees ($21.3 million) for the three months ended Dec. 31 from 423.8 million rupees a year earlier.

Consumers shelled out more on home textiles and furnishings during the festive period, which lasted for a majority of the third quarter.

Margins on earnings before interest, taxes, depreciation, amortisation (EBITDA) expanded to 15.6% from 12% a year earlier.

The company's total revenue rose 29% to 24.11 billion rupees, with international sales contributing 70% to the total.

Revenue from the home textiles segment - its largest - which includes bed sheets, rugs and carpets, grew 94.5%.

Welspun Living, a unit of Mumbai-based conglomerate Welspun Group and one of the country's largest home textiles exporters, said its international business grew 36% for the quarter. Around 70% of its customers were based in the United States, it said earlier.

The company's shares, which had gained nearly 19% in the December quarter, jumped more than 8% to hit a record high on Wednesday after its results.

($1 = 83.0150 Indian rupees)

(Reporting by Anisha Ajith in Bengaluru; Editing by Sonia Cheema)

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** Shares of household textile maker Welspun Living WLSP.NS settle 11.2% higher at 142.2 rupees, their biggest one-day jump since May 2

** WLSP's Q2 profit jumps to 1.97 bln rupees ($23.68 mln) from 86.7 mln rupees y-o-y on strength in its mainstay home textile business

** Co showed resilience on domestic front during Q2 despite weak retail market sentiments - WLSP

** WLSP says entering into a joint venture to provide 47MW of solar and wind energy at Anjar facility in Gujarat state by 2026

** More than 30 mln shares traded, 12.7x their 30-day avg

** Including day's gains, stock up 84%.4 YTD

($1 = 83.1775 Indian rupees)

(Reporting by Rama Venkat in Bengaluru)

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** Shares of Welspun India WLSP.NS up as much as 5.75% at 115.95 rupees, their highest since Feb. 18, 2022

** Stock set for second consecutive session of gains if trends hold

** Arihant Capital expects co's topline to expand 10-12% with 15% EBITDA margins in FY25

** Antique raises its earnings estimate for FY24/25 by 10%/2%, citing optimistic margin, demand outlook; cuts PT to 129 rupees from 108 rupees

** Four of six brokerages rate stock "buy" or above, two "hold;" median PT is 110 rupees - Refinitiv

** About 13.3 million shares change hands as of 1:29 p.m. IST, 3.7x 30-day average of 3.6 million shares

** Stock up ~42% this year, as of last close

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Welspun India Ltd WLSP.NS rise as much as 10.7% to 111 rupees, highest since March 14, 2022

** Textiles manufacturer says June-qtr consolidated net profit rose more than seven times y/y to 1.62 bln rupees ($19.69 mln); revenue rose 11%

** Trading volume at ~12 mln shares, 4.6x the 30-day avg of ~2.6 mln shares as of 2:30 p.m. IST

** Average rating of six analysts covering stock equivalent to 'buy'; median PT is 109 rupees - Refinitiv data

** Stock last up 41% YTD

($1 = 82.2560 Indian rupees)

(Reporting by Biplob Kumar Das in Bengaluru)

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** Welspun India WLSP.NS rallies as much as 19.9% to new 52-wk high of 105 rupees in busiest day in over 5 years

** But stays below textile firm's stock buyback price of 120 rupees

** Nearly 44 mln shares traded in the stock's most active session since Jan 2018

** Co approved a 1.95 billion rupees (~$24 mln) buyback of shares at 120 rupees per share

** Six analysts covering the stock rate it "buy" on average; median PT is 103 rupees - Refinitiv data

** Stock currently up 15.1%, taking YTD gains to 30.8%

($1 = 81.8530 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru)

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April 27 (Reuters) - Welspun India Ltd WLSP.NS:

• UNDER REELING GLOBAL ECONOMY AND SUBDUED COSTUMER SENTIMENT, WE BELIEVE IT MIGHT TAKE A COUPLE OF QTRS FOR NORMAL DEMAND TO COME BACK

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** Shares of Welspun India Ltd WLSP.NS rise as much as 4.70% a near 1-year high of 86.90 rupees, extending April rally

** Textile products maker to consider share buyback and FY23 dividend at April 27 board meeting, when it also reports results

** Trading vol of 2-mln-plus shares tops 30-day avg

** Stock has rallied ~34% in April, set for its best month since July 2021

** However a 4-month losing run before that means the stock is up only ~11% so far this year

** Six analysts split equally between 'buy' and 'hold' on WLSP - Refinitiv data

** Stock has been trading above analysts' median TP of 77 rupees since April 13

(Reporting by Bharath Rajeswaran in Bengaluru)

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April 24 (Reuters) - Welspun India Ltd WLSP.NS:

• TO CONSIDER BUYBACK OF SHARES OF COMPANY

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