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Welspun Corp is currently trading at Rs. 484.00, up by 4.05 points or 0.84% from its previous closing of Rs. 479.95 on the BSE.

The scrip opened at Rs. 481.00 and has touched a high and low of Rs. 486.90 and Rs. 480.80 respectively. So far 30492 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 496.25 on 09-Nov-2023 and a 52 week low of Rs. 177.85 on 27-Feb-2023.

Last one week high and low of the scrip stood at Rs. 496.25 and Rs. 447.25 respectively. The current market cap of the company is Rs. 12558.70 crore.

The promoters holding in the company stood at 49.96%, while Institutions and Non-Institutions held 20.97% and 29.07% respectively.

Welspun Corp’s associate company -- East Pipes Integrated Company for Industry (EPIC) in the Kingdom of Saudi Arabia (KSA) has signed a contract for the manufacturing and supply of large diameter Steel Pipes with Saudi Aramco , for a total value exceeding SAR 440 million (around Rs 1000 crore) inclusive of value added tax. The duration of the contract is 13 months. The above order is in addition to the announcement made by the company on May 22, 2023 for the landmark SAR 1.8 billion (around Rs 4,000 crore) contract with Aramco. 

EPIC is Saudi Arabia’s leading manufacturer of Helical Submerged Arc Welded (HSAW) pipes. Its fully integrated manufacturing facilities, impeccable track record of execution of mega orders, Quality and customer focused approach enables it to remain well-placed to secure further projects both in the Water and Oil & Gas sector and continue pioneering in supporting KSA’s strategic objectives under the Vision 2030.

Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.