These three stocks are in the limelight on Friday!

Welspun Corp Ltd, IRB Infrastructure Developers Ltd, and Hindustan Aeronautics Ltd are today’s mid-day movers.

This trading week ended on a positive note as the Indian equity market witnessed a bull run today. At 12:55 pm, the S&P BSE Sensex is at 53,979.49 witnessing a 2.25 per cent gain. Let’s see why these Group A stocks gained on Friday afternoon! 

Welspun Corp Ltd, which is a part of the S&P BSE 500, is a leading manufacturer of large diameter pipes globally, offering a one-stop solution for all line pipe-related requirements with its wide range of high-grade line pipes. The stock hit its 52-week high today after the company bagged its single largest order in its history for a supply of pipes valued at more than Rs 5000 crore in the USA. At 12:55  pm, the stock jumped 14.16 per cent and the scrip is currently trading at Rs 238.30.    

IRB Infrastructure Developers Ltd, which is a part of the S&P BSE 500 is an infrastructure development and construction company in India with extensive experience in the roads and highways sector. IRB Infra SPV received the appointed date from the NHAI for Pathankot Mandi Hybrid Annuity Project in Himachal Pradesh. At 12:55 pm, the stock rallied 8.15 per cent and the scrip is currently trading at Rs 229.55.     

Hindustan Aeronautics Ltd, which is a part of the S&P BSE 200, is engaged in the business of Manufacture of Aircraft and Helicopters and Repairing, and Maintenance of Aircraft and Helicopters. It has received Type Certification of the first Indigenous Light Transport civil passenger aircraft ‘Hindustan 228-201’ by the Directorate General of Civil Aviation (DGCA) to Transport Aircraft R&D Center, HAL Kanpur at DGCA HQ New Delhi. At 12:55 pm, the stock surged 3.75 per cent and the scrip is currently trading at Rs 1748.30.