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ManufacturingInfrastructureHigh impactPre-market

Steel stock rises after ₹1,165 Cr order win

pre-market1 source ↓written by the desknot a recommendation

order
₹1,165 cr
opened
₹817.15
from the previous
2.5%

An associate of a leading pipeline manufacturer, East Pipes Integrated Company for Industry, secured a ₹1,165 cr order from the Saudi Water Authority for steel pipes. This six-month contract is expected to enhance revenue prospects for Q4 FY26 and Q1 FY27.

Welspun Corp Ltd opened at ₹817.15, up 2.5% from the previous close, reflecting positive market sentiment following the announcement.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 10 Dec 2025, 07:08 IST.

Sourcesnews.google.com

The market after the news

WELCORP closed −0.8% on the day of the news, from ₹807.05 to ₹800.15; Nifty −0.3% over the same session.

Bulletin at 07:08 IST on 10 Dec 2025. Every change is measured from ₹807.05, the last close before it, on 9 Dec. Nifty 50 is measured over the same sessions.

  • WELCORP close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
WELCORP closes around the bulletin against the close before the news, with Nifty 50 rebased to it600.45807.051014axis spans 69%before the news · 9 Dec807.05Nifty 50WELCORPbulletinD0+1+3+53 Dec15 Dec24 DecReference close ₹807.05. 16 sessions from 3 Dec to 24 Dec; the price axis spans 69 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before9 Dec₹807.05basebase
On the day10 Dec₹800.15▼ −0.8%▼ −0.3%−0.5 pp difference
+1 session11 Dec₹795.85▼ −1.4%▲ +0.2%−1.6 pp difference
+3 sessions15 Dec₹795.90▼ −1.4%▲ +0.7%−2.1 pp difference
+5 sessions17 Dec₹789.45▼ −2.2%▼ −0.1%−2.1 pp difference
Gap at the open, % · ₹
▲ +0.5%+3.87 on 10 Dec
Day's range, % · ₹
2.4%≈ 20 high to low
Volume on the day
0.97×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · WELCORP on the desk →

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