Overview
- Welspun Corp said it received a new export contract to supply large-diameter coated line pipes for projects in the Americas.
- The company reported a consolidated global order book of Rs 23,460 crore (about $2.6 billion), reflecting firm demand.
- Management stated the current backlog will be executed over FY26, FY27 and FY28, supporting steady utilization at its plants.
- Since its September 2025 update, additional orders booked in India amount to roughly Rs 3,100 crore, according to the filing.
- Shares were up about 0.8 percent in morning trade even as technicals stay weak, and last month Welspun raised its Welspun Specialty Solutions stake to 55.17% by purchasing 2.72 crore shares from promoter entities.