Welspun Corp rises on receiving repeat export order for supply of 50 kms of LSAW pipes, bends
Welspun Corp is currently trading at Rs. 920.30, up by 8.85 points or 0.97% from its previous closing of Rs. 911.45 on the BSE.
The scrip opened at Rs. 920.30 and has touched a high and low of Rs. 930.00 and Rs. 908.00 respectively. So far 22 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 946.00 on 02-Jun-2025 and a 52 week low of Rs. 469.00 on 05-Jun-2024.
Last one week high and low of the scrip stood at Rs. 946.00 and Rs. 891.55 respectively. The current market cap of the company is Rs. 23991.36 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 received repeat export order for supply of 50 kms of LSAW pipes and bends, with anti corrosion and CWC coating. This is for a critical offshore project in the middle east.
This award underlines its commitment to advanced technology, highest quality standards and impeccable track record of servicing sour service requirements, making the company a preferred and trusted partner for such critical projects globally.
Since its last announcement dated May 07, 2025, the company has received additional orders, cumulatively valued at around Rs 450 crore for its India pipes facility. 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.
