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Welspun Corp rises on securing orders worth Rs 1300 crore

04 Nov 2024 Evaluate

Welspun Corp is currently trading at Rs. 735.00, up by 2.45 points or 0.33% from its previous closing of Rs. 732.55 on the BSE.

The scrip opened at Rs. 741.05 and has touched a high and low of Rs. 745.25 and Rs. 716.60 respectively. So far 23291 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 795.00 on 01-Oct-2024 and a 52 week low of Rs. 438.05 on 03-Nov-2023.

Last one week high and low of the scrip stood at Rs. 745.25 and Rs. 683.70 respectively. The current market cap of the company is Rs. 19425.66 crore.

The promoters holding in the company stood at 50.01%, while Institutions and Non-Institutions held 23.06% and 26.94% respectively.

Welspun Corp has received two large orders in the USA, cumulatively valued at around Rs 1300 crore for supply of coated HSAW Pipes for Natural Gas Pipeline Projects. Execution of these orders will be during FY26.

This win further reinforces its leading position in the USA O&G market. Its outlook for the USA market remains extremely positive. It has also participated in few more projects and is favourably placed in additional 1-2 large projects.

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


Welspun Corp Share Price

1077.65 0.30 (0.03%)
20-Apr-2026 16:59 View Price Chart
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