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Welspun Corp secures additional orders of Rs 1,200 crore

30 Dec 2020 Evaluate

Welspun Corp has received additional orders of approximately 129 KMT valued at Rs 1,200 crore approximately. Out of these orders, approximately 69 KMT would be executed from Saudi facility, including a single order of 45 KMT from Saudi Aramco - one of most prestigious clients.

These orders bring in clear business continuity for FY22, both in domestic and Saudi market and is a true testimony of global leadership position and a strong customer connect.

Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.

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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