Welspun Corp Ltd receives orders worth Rs. 1400 crore

Welspun Corp Limited has received fresh large orders for supply of pipes for Oil & Gas export projects, from our India facility, cumulatively valued at approx. Rs. 1,400 Crore.

With this addition, our consolidated global order book has scaled to Rs. 23,650 Crore (approx. US$2.5 billion) - reinforcing strong revenue visibility and providing continuity of operations across both our India and USA manufacturing assets.

This order book is scheduled for execution over FY27 and FY28, positioning the Company for sustained growth momentum over the next two fiscal years.

Shares of Welspun Corp Limited was last trading in BSE at Rs. 1619.55 as compared to the previous close of Rs. 1606.85. The total number of shares traded during the day was 19697 in over 1116 trades.

The stock hit an intraday high of Rs. 1638.90 and intraday low of 1589.90. The net turnover during the day was Rs. 32014794.00.

Source : Equity Bulls

Keywords

WelspunCorp INE191B01025 OrdersWin OrderBook