Welspun Corp's Global Order Book Surpasses Rs 25,750 Crore Following Major Line Pipe Contract
Welspun Corp Limited announced a significant increase in its consolidated global order book, pushing the figure to approximately Rs 25,750 Crore. This milestone was achieved after securing a new order for Coated Line Pipes from its manufacturing facility in Little Rock, USA.The newly secured contract is valued at approximately Rs 960 Crore. This addition strengthens the company's revenue visibility and capacity utilization across its manufacturing assets located in both India and the United States.
With this latest acquisition, the total global order book now stands at roughly Rs 25,750 Crore (approximately US$ 2.7 billion). The announcement underscores the company’s expanding presence within the global pipeline infrastructure market.
The orders are scheduled for execution across fiscal years 2027 and 2028, providing long-term growth visibility for Welspun Corp Limited.
Key details of the order book update are summarized below:
| Metric | Details |
|---|---|
| New Order Value | Approximately Rs 960 Crore |
| Consolidated Global Order Book | Approximately Rs 25,750 Crore (or ~US$ 2.7 billion) |
| Significance | Strongest in the Company's history |
| Execution Period | FY27 and FY28 |
WELCORP Stock Price Movement
Welspun Corp Limited shares slipped by 1.35% on Friday, settling at ₹1596.90 after shedding ₹21.80 from its previous close. The equity traded within a range spanning from ₹1566.2 to ₹1622.4, logging a daily volume of 843,386 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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