Welspun Corp Limited has informed the Exchange about Upsizing of the existing order
WELCORP · price
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Awaiting price reaction for this filing.
Welspun Corp announced an upsizing of an existing coated spiral pipe order for its Little Rock facility in the USA, increasing pipe diameter from 36 inches to 42 inches. The upsizing adds approximately Rs 735 crore to the order value. With this, the company's consolidated order book now stands at approximately Rs 19,000 crore. Execution of these orders is expected largely during FY26 and FY27. The company stated this win reinforces its leading market share in the USA oil & gas transmission space and highlighted a positive outlook for the USA market in the coming years.
Positive for shareholders — a Rs 735 crore incremental order strengthens revenue visibility for FY26 and FY27 and underscores Welspun's dominant position in the lucrative US oil & gas pipe market, likely to be supportive of the stock in the near term.