Welspun Corp gains on bagging export order for supply of Coated LSAW line pipes and bends
Welspun Corp is currently trading at Rs. 763.55, up by 7.05 points or 0.93% from its previous closing of Rs. 756.50 on the BSE.
The scrip opened at Rs. 752.55 and has touched a high and low of Rs. 766.55 and Rs. 752.55 respectively. So far 1287 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 900.00 on 24-Mar-2025 and a 52 week low of Rs. 441.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 789.50 and Rs. 750.00 respectively. The current market cap of the company is Rs. 19912.74 crore.
The promoters holding in the company stood at 50.01%, while Institutions and Non-Institutions held 26.48% and 23.51% respectively.
Welspun Corp has bagged export order for supply of Coated LSAW line pipes and bends from India. Since its last announcement dated February 05, 2025, the company has received additional orders cumulatively valued at around Rs 1,950 crore for its India pipes facility.
With these new orders, its current consolidated global order book stands at around Rs 19,300 crore. These orders will be executed in FY26 & FY27.
Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.
