Welspun Corp Limited — Important, 17-02-2025: General Updates

Welspun Corp has received new orders in the USA, including two significant contracts for HSAW Pipes and additional orders for HFIW Pipes, valued at approximately Rs 3,000 Crore. These orders are primarily for coated pipes intended for Natural Gas Pipeline Projects, with execution anticipated in FY26 and FY27. This development bolsters Welspun's leading market share in the U.S. oil and gas transmission sector. The outlook for the U.S. market remains positive, positioning Welspun to capitalize on future opportunities. With these new orders, the company's consolidated order book now totals around Rs 18,000 Crore. Potential growth ahead appears promising for shareholders.