Welspun Corp has recently informed exchanges that the company received a huge order worth Rs. 2,400 crore for coated HSAW pipes in the United States. The order for a natural gas pipeline project will be executed in fiscal years 25 and 26.
In the exchange filing, the company also shared, “This win further reinforces our credibility and demonstrate our leading position in the USA market. Our outlook for the USA market remains extremely positive and there are few more projects, where we have participated and are favourably placed for orders.”
In the meantime, as of 9:33 am, Welspun Corp shares were trading 1.21% higher at Rs 775.60 on the NSE.
