Welspun Gujarat Stahl Rohren shot up by 9.63 per cent to close at Rs 373.25 after the government withdrew the 10 per cent export duty on steel pipes and tubes (imposed in May 2008) with immediate effect.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The government had imposed the duty to disincentivise exports and thereby contain the domestic demand-supply gap. The company is one of the leading beneficiaries of the duty rollback, as its exports in 2008 were 78 per cent of its total output. 
</p><p class='TableClas'>The counter registered total volumes of 961,000 lakh shares vis-

Welspun Gujarat zooms on export duty withdrawal

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