Welspun Corp soars 9% after major order win

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Key points

• Top Trending Stocks: SBI Share Cost, Axis Bank Share Rate, HDFC Bank Share Cost, Infosys Share Rate, Wipro Share Cost, NTPC Share Rate.
• Welspun Corp shares surge 9% after Rs 17, 200 crore order win; global order book hits record Rs 42, 000 crore.
• According to the firm, the order is the single largest ever awarded to Welspun Corp and is scheduled to be executed between FY 2028 and FY 2029.
• With the latest order, Welspun Corp's global order book has swelled to a record $4.4 billion, equivalent to around Rs 42, 100 crore, according to the firm.
• Welspun Corp shares rallied as much as 9% after the firm secured its largest-ever order worth $1.8 billion, or around Rs 17, 200 crore, for pipe supplies from its US manufacturing facility.

Welspun Corp shares surge 9% after Rs 17, 200 crore order win; global order book hits record Rs 42, 000 crore. ETMarkets.comLast Updated: Aug 21, 2026, 09: 24: 00 AM IST.

Welspun Corp shares rallied as much as 9% after the firm secured its largest-ever order worth $1.8 billion, or around Rs 17, 200 crore, for pipe supplies from its US manufacturing facility. The order takes its global order book to a record $4.4 billion, or around Rs 42, 100 crore, boosting multi-year revenue visibility and strengthening its position in global energy infrastructure. Listen to this article in summarized format. Unlock AI Briefing and Premium Content. Subscribe Now Already a member? Sign In.

Shares of Welspun Corp rallied as much as 9% to a day's high of Rs 2, 193 on the BSE on Friday after the firm unveiled that it had secured the largest-single order in its history, valued at approximately $1.8 billion, or around Rs 17, 200 crore, for the supply of pipes from its manufacturing facility in the United States. With the latest order, Welspun Corp's global order book has swelled to a record $4.4 billion, equivalent to around Rs 42, 100 crore, according to the firm. This marks the highest order book in the company's history.

According to the firm, the order is the single largest ever awarded to Welspun Corp and is scheduled to be executed between FY 2028 and FY 2029. The firm stated the record order marks a defining milestone in its global expansion trajectory and reinforces its position as a trusted large-scale partner in the global energy and infrastructure sector. The order is projected to substantially strengthen the company's order book and provide multi-year revenue visibility, Welspun Corp stated. The firm additionally described the win as a validation of the scale, quality and execution capabilities of its operations. Welspun Corp remarked the order reflects the confidence that major global energy players place in the business as a preferred partner for sizeable, complex and mission-critical pipeline infrastructure projects. The firm went on that its order book and the trust of its partners position it for sustained, long-term expansion in the North American energy infrastructure market. Live Events.

For context, the firm stated the landmark order additionally demonstrates its long-term strategy of expanding its global manufacturing capacity and deepening its relationships with marquee international clients. The $1.8 billion order from its US manufacturing facility is therefore a key development for investors to track when the stock opens on Monday. Welspun Corp remarked the order, along with the record global order book, strengthens its multi-year revenue visibility and reflects the scale of its operations in the global energy and infrastructure sector. Welspun Corp Q1.

Welspun Corp documented a almost threefold jump in consolidated net profit to Rs 1, 048 crore for the June quarter of the current fiscal, from Rs 349 crore in the same quarter a year ago. The growth was driven by higher income, along with a one-time gain from the sale of shares in its Saudi Arabian associate East Pipes Integrated Business (EPIC). Total income for the quarter rose to Rs 4, 145 crore from Rs 3, 586.5 crore in Q1 FY26. The company's board additionally approved the acquisition of an further 51% equity stake in Welspun Captive Power Generation Ltd (WCPGL) from Welspun Living Ltd (WLL), a promoter group firm. Meanwhile, the acquisition comprises 1, 50, 64, 213 equity shares, each with a face value of Rs 10, for a consideration of Rs 67.66 crore. After completion of the acquisition, WCPGL will become a subsidiary of Welspun Corp. Welspun Corp's aggregate stake in WCPGL will growth from 23% to 74%. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times).

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Taken together, the developments around welspun Corp soars 9% after major order win point to a situation that is still moving, and the coming days should bring more clarity.