14 Jul 2026
Welspun Corp won about Rs 1,400 crore of fresh oil and gas pipe orders.
The orders are for supply of pipes to oil and gas export projects, all from the India facility, and take the consolidated global order book to Rs 23,650 crore, roughly US$2.5 billion. That book spans both the India and USA manufacturing assets and is scheduled for execution across FY27 and FY28, giving close to 2 years of revenue visibility.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.