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Welspun Corp's EPIC secures ₹1,165 crore steel pipe contract

after close1 source ↓written by the desknot a recommendation

contract
₹1,165 crore
valued
485 million SAR

Welspun Corp's associate, East Pipes Integrated Company (EPIC), has won a ₹1,165 crore contract from the Saudi Water Authority for steel pipe supply. The order, valued at over 485 million SAR, will be executed in six months. Despite initial gains, Welspun shares fluctuated between ₹786.20 and ₹817.20 during trading today.

This contract could enhance Welspun's revenue outlook, although early market enthusiasm waned. Investors should monitor the stock's performance closely as the project progresses.

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 9 Dec 2025, 16:06 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 16:06 IST on 9 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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