Welspun Corp 52-Week High After Record ₹17,200 Cr Order

Shares of Welspun Corp soared as much as 17% on Friday, hitting a fresh 52-week high after the company bagged its largest-ever single order worth ₹17,200 crore (nearly $1.8 billion). The stock touched ₹2,348.90 on the NSE before settling at ₹2,291.20, up 14.26%. The order, for supply of pipes from its US manufacturing facility, will be executed in FY2028 and FY2029. With this win, Welspun Corp’s global order book has climbed to a record ₹42,100 crore, the highest in its history, offering strong multi-year revenue visibility. The deal significantly strengthens the company’s position in the North American energy infrastructure market, where it has been expanding manufacturing capabilities. Welspun World Chairman BK Goenka called the order a defining milestone in the firm’s global growth journey, while MD & CEO Vipul Mathur highlighted the region’s continued opportunities. Analysts note the stock’s strong fundamentals, including solid quality scores, low debt, and high ROE. Existing investors stand to benefit from the positive momentum, though new entrants may prefer waiting for a minor pullback for better entry levels. Welspun Corp operates across line pipes, ductile iron pipes, stainless steel products and more, with facilities in India, the US and Saudi Arabia, serving customers in over 50 countries.