MoneyWorks4Me

Welspun Corp bags order for supply of 57K MTs pipes

18 Dec 2017 Evaluate

Welspun Corp has received an order from a customer in India for supply of 57K MTs pipes for a water project in India. With the addition of this order, the company has current order book of 1,074 K MTs worth 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
View more..