Welspun Corp shares in focus after Rs 17,200 crore order; global order book hits record Rs 42,000 crore

Welspun Corp received its largest-ever single order worth Rs 17,200 crore (around $1.8 billion) from its US manufacturing facility, pushing its global order book to a record Rs 42,000 crore (around $4.4 billion). The order is scheduled for execution between FY28 and FY29, providing multi-year revenue visibility. The company also reported a nearly threefold jump in Q1 consolidated net profit to Rs 1,048 crore from Rs 349 crore, aided by a one-time gain from the sale of shares in its Saudi Arabian associate East Pipes Integrated Company.