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Welspun Corp bags order worth Rs 1,725 crore

09 Jun 2021 Evaluate

Welspun Corp has received multiple orders of approximately 164 KMT valuing close to Rs 1,725 crore. These include reinstatement of an offshore sour pipes supply contract (270 km / 87 KMT) in Australia for the Barossa Offshore Development Project. With these orders, the Company’s order book stands at 525 KMT valued at approximately Rs 4,800 crore, after considering execution up to May 2021.

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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