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WELCORP
Welspun Corp’s order book stood at about ₹25,750 crore in July 2026, the strongest in its history, and management said it is booked through FY28 with visibility into FY29, driven by buoyant US demand for line pipes. On September 1, the company announced an MoU with Perma-Pipe and the developers of Jordan’s National Water Carrier Project to set up pipe manufacturing and advanced coating facilities in Jordan for water, oil & gas and infrastructure projects across the Levant. In corporate updates, Welspun cancelled its planned sale of a 26% stake in CleanMax Dhyuthi for ₹760 lakh, and incorporated Welspun Slagexcel Pvt Ltd (26% holding) to manufacture ground granulated blast-furnace slag. The stock closed around ₹2,608–₹2,610 on September 9, with a market cap near ₹68,600–₹68,800 crore and a 52-week high around ₹2,676.#WatchOutFor#StockInNews#FundamentalViews
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