Announced Thu, 20 Aug · 22:52 IST
Welspun Corp bags record USD 1.8B (about Rs 17,200 Cr) order from USA
Order Above 5pct RevenueExport Order Hard CurrencyBusiness Updates View source PDFExplain this filing
WELCORP · price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹2009.10
prior close
₹2175.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-1.1+1.9+2.8——————————
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AI summary
Welspun Corp has secured its largest-ever single order worth about USD 1.8 billion (around Rs 17,200 crore) for supply of pipes from its USA manufacturing facility. Execution is planned between FY2028 and FY2029. With this win, the company's global order book reaches a record USD 4.4 billion (around Rs 42,100 crore), boosting multi-year revenue visibility and reinforcing its position in North American energy infrastructure.
Likely market impact
Record order book at USD 4.4B lifts multi-year revenue visibility and validates USA manufacturing scale. Positive for stock.