Welspun Corp arm secures ₹1,165 crore order from Saudi Water Authority
pre-market1 source ↓written by the desknot a recommendation
- order
- ₹1,165 crore
- over the past
- 12% stock rise
Welspun Corp's associate, East Pipes Integrated Company for Industry, has secured a ₹1,165 crore order from the Saudi Water Authority for steel pipes. The contract spans six months, with financial impacts expected in Q4 FY26 and Q1 FY27. This development has contributed to a 12% stock rise over the past month, signaling positive market sentiment.
Not investment advice. For informational purposes only.