Welspun Corp’s stock climbed 2% after the company secured substantial new orders in the USA, reinforcing its leadership in the global pipeline industry. As of 9:21 AM, the shares were trading 2.26% higher at Rs 754.20.
The latest contracts, valued at approximately ₹3,000 Crore, include two major orders for HSAW (Helical Submerged Arc Welded) Pipes and additional orders for HFIW (High-Frequency Induction Welded) Pipes.
These orders, primarily for coated pipes used in natural gas pipeline projects, further solidify Welspun’s market presence in the U.S. The execution of these projects is scheduled for FY26 and FY27, ensuring a strong revenue pipeline for the company in the coming years.
With this latest win, Welspun Corp’s consolidated order book has now reached ₹18,000 Crore, reflecting its impressive growth trajectory.
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