MoneyWorks4Me

Welspun Corp bags new orders worth Rs 923 crore

24 Apr 2012 Evaluate

Welspun Corp, the flagship company of the $3.5 billion Welspun Group and the second largest line pipe company in the world, has won pipes and plates orders worth Rs 923 crore (143 KMT of pipes and 32 KMT of plates) from international and domestic markets.

With the addition of these orders, the current order book of the company stands at Rs 5,377 crore (approx 787 KMT for pipes, and external plate orders of 49 KMT) without excluding the order being executed in the current quarter.

Welspun Corp formerly known as Welspun Gujarat Stahl Rohren, started its activities in 1995 and since then has supplied pipes for some of the most prestigious projects. The company has been the leader in quality, innovation and technology.

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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