Welspun Corp’s shares dipped after US tariffs despite the company’s localized US production, which MD Vipul Mathur believes will benefit them. Fueled by a strong order book and global expansion, the company’s stock has seen significant gains over the past year. Welspun is expanding in Saudi Arabia and India, projecting substantial revenue and operating profit growth by FY26.
BlackRock expands AI push with new robotics ETF as investor enthusiasm cools
BlackRock has launched a new robotics focused ETF as investors become more selective about AI investments. The fund targets companies using intelligent machines across industries
October 21, 2026