Welspun Corp Shares Rise 4% After US Subsidiary Bags $412.5 Million HFIW Pipe Order

Welspun Corp shares rise 4% after US subsidiary bags $412.5 million HFIW pipe order

Welspun Corp shares rose after its US subsidiary secured a record $412.5 million HFIW pipe order, lifting its global order book to $4.7 billion and strengthening its US manufacturing footprint.

Welspun Corp bags record ₹4,000 cr HFIW pipe order from US facility

Welspun Corp’s US unit secures a $412.5M pipe order, boosting its global bookings to a record $4.7B amid energy infrastructure growth.

Welspun Corp share price rises 4% after subsidiary wins its largest-ever order

Welspun Corp shares opened at ₹2,782 against their previous close of ₹2,694.60 and rose by 4.3% to an intraday high of ₹2,810.

Welspun Corp Shares Rise After $412.5 Million US Pipe Order

Welspun Corp shares gained nearly 5% in early trade on September 25 after the company announced that its US subsidiary had secured its largest-ever pipe order worth $412.5 million, or around Rs 4,000 crore.  The stock touched an intraday high of Rs 2,836.50 on the NBSE, while the latest contract...