Welspun Corp bags Rs 1,400 Cr pipe orders; global order book hits US$2.5 bn

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WELCORP · price

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₹1624.60

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₹1637.20

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AI summary

Welspun Corp has won fresh pipe orders worth about Rs 1,400 Crore for Oil and Gas export projects from its India facility. The consolidated global order book now stands at around Rs 23,650 Crore (about US$2.5 billion). Orders are scheduled for execution in FY27 and FY28, giving revenue visibility across India and USA plants.

Likely market impact

Strengthens revenue visibility through FY27-FY28. Order book at US$2.5 billion signals robust demand and capacity utilisation across plants.