Welspun Corp Ltd receives new order worth Rs. 960 crores

Welspun Corp Limited has announced the receipt of a new order for supply of Coated Line Pipes from our manufacturing facility at Little Rock, USA, valued at approximately Rs. 960 Crore.

This addition takes our consolidated global order book to approximately Rs. 25,750 Crore (~US$ 2.7 billion) - the strongest in the Company's history - reaffirming robust revenue visibility & capacity utilization across our manufacturing assets in both India and the USA.

This order book, scheduled for execution over FY27 and FY28, provides long term growth visibility and underscores the Company's expanding footprint in the global pipeline infrastructure market.

Shares of Welspun Corp Limited was last trading in BSE at Rs. 1596.95 as compared to the previous close of Rs. 1610.60. The total number of shares traded during the day was 26178 in over 1452 trades.

The stock hit an intraday high of Rs. 1624.75 and intraday low of 1571.00. The net turnover during the day was Rs. 41720877.00.

Source : Equity Bulls

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