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Welspun Corp surges after securing supply order worth Rs 17,200 crore

21-Aug-2026 | 10:09

Welspun Corp jumped 10.97% to Rs 2223.95 after the company announced the receipt of the largest single order in its history, valued at approximately $1.8 billion (equivalent to Rs 17,200 crore), for the supply of pipes.

The said order would be supplied from the company's manufacturing facility in the United States of America. The order will be executed between FY 2028 & FY 2029.

With this order, the company's global order book stands at a record $4.4 billion (or approximately Rs 42,100 crore), the highest in its history.

This order substantially strengthens the company's order book, enhances multi-year revenue visibility, and stands as a strong validation of the scale, quality, and execution capability of its operations, Welspun Corp said in a statement.

Welspun Corp is one of the largest manufacturers of large-diameter pipes globally and has established a global footprint across six continents and fifty countries by delivering key customised solutions for both onshore and offshore applications.

The company's consolidated net profit surged 198.64% to Rs 1046.49 crore on a 14.91% rise in revenue to Rs 4081.12 crore in Q1 FY27 as compared with Q1 FY26.

Welspun Corp surges after securing supply order worth Rs 17,200 crore

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