Welspun Corp Wins Americas Export Order, Book Rises
ECONOMY & POLICY

Welspun Corp Wins Americas Export Order, Book Rises

Welspun Corp Ltd has secured a new export order to supply large-diameter coated line pipes in the Americas. With this win, the company said additional orders booked in India since its last update in September 2025 now total Rs 31 billion. Its consolidated global order book stands at Rs 234.6 billion, providing strong business visibility and continuity across its India and US assets.

The company said the current order book will be executed through the financial year 2028. Last month, Welspun Corp completed the acquisition of 27.2 million equity shares, representing 4.11 per cent, in its subsidiary Welspun Specialty Solutions Ltd from the promoter group, which includes MGN Agro Properties Pvt Ltd and Welspun Group Master Trust, at the prevailing market price. Following the transaction, Welspun Corp’s equity stake in the subsidiary increased to 55.17 per cent from 51.06 per cent.

Shares of Welspun Corp were trading 0.8 per cent higher at Rs 795 apiece around 10.55 am on Wednesday. The stock has declined 13.8 per cent over the past six months.

Welspun Corp Ltd has secured a new export order to supply large-diameter coated line pipes in the Americas. With this win, the company said additional orders booked in India since its last update in September 2025 now total Rs 31 billion. Its consolidated global order book stands at Rs 234.6 billion, providing strong business visibility and continuity across its India and US assets. The company said the current order book will be executed through the financial year 2028. Last month, Welspun Corp completed the acquisition of 27.2 million equity shares, representing 4.11 per cent, in its subsidiary Welspun Specialty Solutions Ltd from the promoter group, which includes MGN Agro Properties Pvt Ltd and Welspun Group Master Trust, at the prevailing market price. Following the transaction, Welspun Corp’s equity stake in the subsidiary increased to 55.17 per cent from 51.06 per cent. Shares of Welspun Corp were trading 0.8 per cent higher at Rs 795 apiece around 10.55 am on Wednesday. The stock has declined 13.8 per cent over the past six months.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code