Welspun Corp Limited receives new orders of approx. Rs. 2400 crores

Welspun Corp Limited has announced the receipt of new orders valued at Rs. 2,400 Cr (approx.) for supply of coated pipes for Natural Gas Pipeline Projects in USA.

With addition of these new orders, the Company's consolidated order book stands at approx. Rs. 20,000 crores.

Execution of these orders will be largely during FY26 and FY27.

These wins reinforce our leading & dominant position in the USA - Oil & Gas market and is also testimony of the trust, which the customers continue to place on us our capabilities. We remain committed to deliver quality products & exceptional service to our valued customer.

Shares of Welspun Corp Limited was last trading in BSE at Rs. 809.20 as compared to the previous close of Rs. 819.80. The total number of shares traded during the day was 26638 in over 1347 trades.

The stock hit an intraday high of Rs. 824.00 and intraday low of 797.95. The net turnover during the day was Rs. 21672989.00.

Source : Equity Bulls

Keywords

WelspunCorp INE191B01025 OrderWin NewOrders USA CoatedPipes NaturalGas PipelineProjects