Apply for JIO IPO - India’s Mega IPO Is Here!

Apply for JIO IPO -

Angel One - Share Market Trading and Stock Broking
Skip to main content

Welspun Corp Share Price in Focus; Wins ₹5,500 Crore US Pipeline Order

Written by: Team Angel OneUpdated on: 23 Oct 2026, 5:45 pm IST
Welspun Corp’s US subsidiary secured an order worth around ₹5,500 crore for coated pipes for a natural gas pipeline project.
Welspun Corp Share Price in Focus
Share

Welspun Corp has landed a major order in the US, adding around ₹5,500 crore in business for its coated line pipes. The contract was secured by its US subsidiary, Welspun Tubular LLC, from a major midstream company. 

The pipes will be used for a natural gas pipeline in the Permian region. The project is expected to serve a data centre complex operated by a leading global technology company. 

Order Adds to Record Order Book 

Welspun said the order brings its global order book to approximately $5.25 billion, or around ₹50,000 crore. 

The company plans to execute the order from its US facility during FY29. The project connects two areas of growing infrastructure demand: natural gas transportation and the expansion of data centres supporting artificial intelligence. 

About Welspun Corp 

Welspun Corp is a manufacturer of line pipes used in energy transportation and related infrastructure projects. The company operates in India and international markets, including the United States. 

Read More: Apollo Micro Systems Share Price in Focus; IDL Explosives Opens 9,000 MT Silo Unit in West Bengal! 

Welspun Corp Share Price Performance 

As of October 23, 2026, at 11:54 AM, Welspun Corp share price was trading at ₹2,378.50 per share, reflecting a 2.69% decline from previous closing price. 

Conclusion 

The ₹5,500 crore contract takes Welspun Corp’s global order book to a record high. Execution is planned at its US facility in FY29, according to the company’s exchange filing dated October 23, 2026. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Oct 23, 2026, 12:15 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy ₹0 Account Opening Charges

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store