WELSPUN CORP WINS LARGE ORDER FROM SAUDI ARAMCO

has been in the news after it's associate company East Pipes Integrated Company for Industry (EPIC) won a contract from Saudi Arabian Oil Co. (Aramco) for manufacturing and supply of steel pipes worth over Rs 2,000 crore. EPIC is Saudi Arabia's leading manufacturer of Helical Submerged Arc Welded (HSAW) pipes. The duration of the contract is 6 months, and it's financial impact will be reflected from the fourth quarter of FY2026-27 through the first quarter of FY2027-28. Shares of the company are up 240% in 2026 so far, and further expected to gain as the company has continously been winning new orders. The company has delivered good profit growth of 119% GACR in the last 3 years, and with such new orders, it's profit growth is expected to increase in the coming years.