Welspun Corp Limited, a leading player in the pipe manufacturing industry, has received a major export order from India to supply Coated LSAW line pipes and bends. This marks another important milestone for the company, following a previous announcement made on February 5, 2025.
Since the earlier update, the company has secured additional orders worth around ₹1,950 crores for its pipe manufacturing facility in India. As a result, its total global order book has now reached approximately ₹19,300 crores.
These new orders are scheduled to be completed during the financial years 2025-2026 and 2026-2027.
Recently, Welspun Corp Limited completed the sale of a 10% equity stake in Nauyaan Shipyard Private Limited, securing ₹54.63 Crores from the transaction. With this development, the company now holds a 16% stake in NSPL, marking another strategic move in its business operations.
Welspun Corp Limited is a global manufacturer of large-diameter pipes, supplying key industries like oil, gas and water. Known for quality and timely delivery, the company has a strong international presence and continues to grow through major export orders.
Read More: Welspun Corp to Voluntarily Delist Shares from Calcutta Stock Exchange
As of May 07, 2025, at 10:10 AM, Welspun Corp Limited share price is trading at ₹752.30 per share, reflecting a decline of 0.82% from the previous day’s closing price. Over the past month, the stock has declined by 5.10%. The stock’s 52-week high stands at ₹900.00 per share, while its low is ₹440.15 per share.
Welspun Corp’s recent export wins and stake sale highlight its strong growth momentum and strategic focus on expanding its global presence.
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Published on: May 7, 2025, 2:38 PM IST
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