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Welspun Corp jumps on bagging order worth Rs 1,738 crore

Welspun Corp Ltd. | Steel & Iron Products | Metals & Mining | BSE: 532144 | NSE: WELCORP

22 Jun 2012 Evaluate

Welspun Corp is currently trading at Rs. 121.65, up by 1.45 points or 1.21% from its previous closing of Rs. 120.20 on the BSE.

The scrip opened at Rs. 120.00 and has touched a high and low of Rs. 124.10 and Rs. 118.60 respectively. So far 1, 18,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 178.00 on 29-Jun-2011 and a 52 week low of Rs. 64.50 on 09-Dec-2011.

Last one week high and low of the scrip stood at Rs. 124.10 and Rs. 116.75 respectively. The current market cap of the company is Rs. 2,7770 crore.

The promoters holding in the company stood at 37.87% while Institutions and Non-Institutions held 31.60% and 20.41% respectively.

Welspun Corp, second largest pipe company in the world, has won pipes order worth Rs 1,738 crore from international and domestic markets. Following the addition of these orders, the current order book of the company stands at Rs 9,185 crore without excluding the order being executed in the current quarter.

In addition, the company has internal plate orders of 107k MT. It may be noted that it is due to customer focused approach and superior quality products delivery, which has ensured the continuous flow of orders in challenging business environment.

Earlier in May, Welspun Corp won pipes and plates order worth Rs 2,070 crore from the international and domestic market.

Welspun Corp, the flagship company of the $3.5 billion Welspun Group, is one stop service provider offering complete pipe solution with a capability to manufacture line pipes ranging from half inch to 120 inches, along with specialized coating, double jointing and bending.

Welspun Corp Share Price

1203.80 65.10 (5.72%)

23-Apr-2026 16:59 View Price Chart

Peers

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SAIL	176.45
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Welspun Corp jumps on bagging order worth Rs 1,738 crore

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