JSW steel plant in Dhinkia set for inauguration after 21 years of protests Primetals Technologies to modernize 5-strand bloom caster in China T1200-grade carbon fibre enters mass production in China India turns net importer of finished steel in April
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.
Also Read : Qatar's new LNG expansion plans to squeeze out US, other rivals US–Japan Trade Deal Resets Tariffs, Keeps Steel Duties at 50%
✅ Record-breaking output: MOIL achieves its highest-ever manganese ore production in FY 2024-25.✅...
Business 04-Apr-2025
The boost to housing in the Interim Budget is another important proposal from the market perspective...
Construction 01-Feb-2024
The BMC’s much anticipated project of constructing a bridge to connect Infiniti Mall in Malad...
Construction 11-Jan-2024
The first round of critical mineral bids had a lacklustre reaction; thus, the Centre decided to canc...
Announcement 29-Mar-2024
The Union Cabinet has given the green light for the next round of spectrum sales, with airwaves valu...
Announcement 09-Feb-2024
The European Commission (EC) has approved €1.3 billion in state aid to help decarbonise the Ger...
Europe 27-Feb-2024