Welspun Corp Limited wins new order in North America

Welspun Corp Limited has won 26 KMT line pipe order from a long-standing customer in North America. This order will be executed from our US facility in Little Rock, Arkansas.

This is a clear indication of a revival in the Oil & Gas business outlook in North America and the company is confident that many such opportunities, BOTH FOR SPIRAL AND HFIW PIPES, may emerge in near future. This is also a testimony of the trust customers have in Welspun Corp's systems, processes, quality and people to execute prestigious projects.

Shares of Welspun Corp Limited was last trading in BSE at Rs. 211.50 as compared to the previous close of Rs. 198.15. The total number of shares traded during the day was 401616 in over 5752 trades.

The stock hit an intraday high of Rs. 214.00 and intraday low of 198.05. The net turnover during the day was Rs. 83205958.00.

Source : Equity Bulls

Keywords

WelspunCorp INE191B01025 OrderWin NorthAmerica