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Welspun Corp’s total order book stands at Rs 5,800 crore

07 Apr 2014 Evaluate

Welspun Corp, the flagship company of the $3.5 billion Welspun Group and one of the largest Line Pipe Company in the world, has won fresh domestic orders to take its current order book to Rs 5,800 crore. The total order currently stands at approx 900K metric tonnes.

Welspun Corp is currently in four businesses viz Line Pipes, Energy, Infrastructure & Steel and enjoys a global leadership position in the first two businesses. It may be recalled that Welspun Corp is already in advanced stages of demerging the parts of its business other than Line Pipes into Welspun Enterprises through a court process.

Peers
Company Name CMP
JSW Steel 1261.00
Tata Steel 186.00
Steel Authority 184.45
Jindal Stainless 745.30
APL Apollo Tubes 2200.00
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