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Welspun Corp bags order for supply of 216K MTs line pipes

27 Nov 2015 Evaluate

Welspun Corp has won an order for supply of 216K MTs line pipes for an onshore project in Americas. With the addition of this order, current order book of the company has crossed 1040K MTs worth at Rs 6400 crore.

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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