Welspun India Rebounds After Nearly 50% Fall In Four Days

Welspun India shares made a comeback on Friday, following the nearly 50 per cent crash in the textiles manufacturer in previous four trading sessions. The stock jumped 6 per cent today, though analysts warned that the rally could get sold into like yesterday. The sharp selloff in Welspun India shares was triggered by US retailer Target Corp's decision last week to cancel its contract with the company, following accusations that the ...