Welspun Corp secures record $412.5 million contract
after close1 source ↓written by the desknot a recommendation
Shares of Welspun Corp rose after its US subsidiary secured a record $412.5 million (₹4,000 cr) contract for high-frequency induction welded pipes. This order boosts the company's global order book to a new high of $4.7 billion (₹45,000 cr). The contract highlights Welspun's enhanced manufacturing capabilities in the US.
Not investment advice. For informational purposes only.