MoneyWorks4Me

Welspun Corp bags order for supply of approximately 90k MT line pipes

21 Oct 2015 Evaluate

Welspun Corp has won an order for supply of approximately 90k MT line pipes for an offshore pipeline project in MENA region.

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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