Welspun Corp Shares Rise 4% After Rs 1,400 Crore Order Win

Shares of Welspun Corp Ltd gained over 4% on 14 July after the company announced fresh orders worth approximately Rs 1,400 crore, strengthening its already robust order pipeline.

The new orders involve the supply of pipes for oil and gas export projects and will be executed from the company’s manufacturing facility in India. Following these wins, Welspun Corp’s consolidated global order book has increased to approximately Rs 23,650 crore, equivalent to around $2.5 billion.

The company expects the latest order book to be executed during FY27 and FY28, providing strong business visibility and operational continuity across its manufacturing facilities in India and the United States.

The latest contracts also highlight continued global demand for Welspun Corp’s pipe solutions, particularly from the oil and gas industry. The company is one of the world’s leading manufacturers of large-diameter pipes and has supplied customised solutions for both onshore and offshore applications across multiple international markets.

The latest Rs 1,400 crore order win adds to a series of major contracts secured by Welspun Corp in recent months, reinforcing its position in the global energy infrastructure market.

With a Rs 23,650 crore global order book and execution spread across FY27 and FY28, Welspun Corp enters the coming years with strong revenue visibility and a healthy project pipeline.

At 12:35 pm, the shares of Welspun Corp were trading 1.95% higher at Rs 1,651.60 on NSE. 

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