Welspun Corp Limited receives two large orders in USA

Welspun Corp Limited has announced the receipt of two large orders in the USA, cumulatively valued at Rs 1300 Crore (approx.) for supply of coated HSAW Pipes for Natural Gas Pipeline Projects.

Execution of these orders will be during FY26.

This win further reinforces our leading position in the USA O&G market. Our outlook for the USA market remains extremely positive. We have also participated in few more projects and are favourably placed in additional 1-2 large projects.

Shares of Welspun Corp Limited was last trading in BSE at Rs. 732.55 as compared to the previous close of Rs. 727.70. The total number of shares traded during the day was 3451 in over 425 trades.

The stock hit an intraday high of Rs. 737.00 and intraday low of 728.15. The net turnover during the day was Rs. 2524335.00.

Source : Equity Bulls

Keywords

WelspunCorp INE191B01025 OrderWin USA HSAWPipes NaturalGasPipelineProject