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Welspun Corp Gains on ₹1,000 Crore US Pipe Order, Order Book Nears ₹24,700 Crore

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US 14 hours ago tradebrains

 Welspun Corp came into focus after securing a major pipe supply order worth around ₹1,000 crore from its US facility, giving the company a fresh boost in revenue visibility. The stock rose about 4% after the announcement, reflecting positive market reaction to the order win.

Following this contract and other orders received since January 30, 2026, the company’s consolidated global order book has expanded to nearly ₹24,700 crore (about US$2.6 billion). Welspun said this backlog is expected to support operations across its India and US facilities and will be executed over FY26, FY27 and FY28.

The deal underlines Welspun’s strong position in the global large-diameter pipe market, especially in oil, gas and water transportation projects. It also strengthens business continuity for the next three financial years and adds confidence around future execution.