Welspun

The order will be executed in FY29 and involves supplying coated line pipes for a natural gas pipeline serving a data centre complex

Stocks to buy today: IDBI Bank has moved above both its 50-day EMA, which indicates that the near-term trend is turning positive, says Sachin Gupta of Choice Broking.

With 87% of revenue derived from bed and bath linen, which are eligible for RoSCTL benefits of 8.2% of export value, Welspun is a key beneficiary of the scheme, said analysts at Jefferies.

Welspun Corp's US subsidiary has secured its largest-ever HFIW pipe order worth about $412.5 million, taking its global order book to a record $4.7 billion

NSE's shares will mark their stock market debut on BSE today, after the IPO was subscribed 5.71 times in the three-day bidding process.

Jefferies has initiated coverage with a 'Buy' call for Welspun Living and Raymond Lifestyle.

Transactions in Avenue Supermarts, Rubicon Research, Welspun Corp and other stocks pushed August block deals above ₹30,957 crore, the highest monthly tally since March 2024

The order highlights strong demand for pipes used in energy and infrastructure projects, while geopolitical tensions have spurred investment in new pipeline networks

Welspun Living said FY27 has commenced on a strong footing, with consolidated revenue in Q1 growing 23.5 per cent Y-o-Y to ₹2,828 crore and Ebitda margins expanding to 12.5 per cent, up 140 bps Y-o-Y.

Welspun Living's net profit rose 83.59 per cent to ₹160.73 crore in the quarter ended June 2026 as against ₹87.55 crore during the previous quarter ended June 2025.

Betting big on domestic supply chain boom, warehousing and industrial real estate platform Welspun One on Tuesday announced plans to lease over 10 million sq ft over the next three years, nearly double its current operational footprint. The deals include a 5.9 lakh sq ft single-box facility for Amazon India, a 20-metre-high warehouse for AAJ Supply Chain, the company said. A controlled-environment facility of over 2 lakh sq ft built-to-the-precise specifications of a leading medical equipment manufacturer, a signal of how the sector is moving well beyond commodity storage, forms the part of the 10-million sq ft land deal, it said. As part of its next growth phase, Welspun One said it is also expanding beyond large-format warehousing into adjacent segments, including in-city distribution, retail and commercial infrastructure. Key projects under construction are the country's largest free trade warehousing zone (FTWZ) development at Nhava Sheva with over 4.5-million sq ft of space, o

An earlier trade agreement between India and the US lowered the reciprocal duties to 18 per cent from 25 per cent, after the US withdrew a separate punitive tariff of 25 per cent

Welspun's consolidated net profit came ‌in at 2.1 million rupees ($23,178.81) for the three-month period ended December 31, sharply down from 1.21 billion rupees in the year-ago period

Welspun One will invest Rs 550 crore to develop a 1.2 msf grade-A logistics park on a 46-acre MIDC-notified land parcel in Talegaon MIDC Phase IV, Pune, targeting high-demand sectors

Warehousing and industrial real estate platform Welspun One plans to develop Grade-A logistics park spread over around 1.2 million square feet in Talegaon, Pune with an investment of Rs 550 crore, the company said on Tuesday. The company said it has been allotted 46-acre of land parcel in Pune's Talegaon MIDC Phase- IV for the project. The upcoming park will be designed with tailored specifications to meet the distinct operational needs of high-demand sectors such as 3PL, e-commerce, FMCG, automotive, engineering, auto ancillary, and manufacturing industries, making it one of the region's most differentiated and high-performance assets, it said. The masterplan includes four planned buildings ranging from around 1 lakh sq ft to around 3.5 lakh sq ft, offering flexibility for both high-throughput logistics players and industrial users with large-format space requirements at Welspun One. The land parcel is earmarked for developing a premium Grade-A first-mile logistics asset, designed

Welspun Living shares fell 3 per cent after it reported a 93 per cent drop in second-quarter profit, with analysts remaining cautious in the near term

Homex textiles major Welspun Living Ltd on Wednesday reported a 93 per cent decline in consolidated net profit at Rs 14.86 crore in the second quarter ended September 30, with exports hit by global tariff war. The company had posted a consolidated net profit of Rs 202.4 crore in the same quarter last fiscal, Welspun Living Ltd said in a regulatory filing. Consolidated revenue from operations in the second quarter stood at Rs 2,440.91 crore as against Rs 2,873.09 crore in the corresponding period last fiscal, it added. Textile business revenue was at Rs 2,322 crore, down 14.4 per cent, while flooring segment revenue at Rs 181 crore, a drop of 27.4 per cent. Total expenses in the quarter under review stood at Rs 2,431.84 crore as compared to Rs 2,655.87 crore in the year-ago period, the company said. Commenting on the performance, Welspun Group Chairman, BK Goenka said,"The global tariff situation continues to weigh on export performance, but we remain confident this is a passing ..

Welspun Corp on Thursday said its US-based subsidiary has bagged two new orders for the supply of coated pipes for Natural Gas and NGL Pipeline Projects in the USA valued at around USD 715 million. In a regulatory filing, Welspun Corp said, "With this, our US facility now has a clear business visibility and continuity till FY28". The company's consolidated order book stood at a record high of Rs 23,500 crore. The company is witnessing a significant energy demand for Data Centres powering AI in the USA, creating additional opportunities for Line Pipe applications. "These wins position us as a reliable partner in these value chains," it said. Homegrown Welspun Corp is the flagship company of Welspun World, with a diverse business portfolio in pipe solutions and building materials. Welspun Corp is among the top three manufacturers of large-diameter pipes globally and has established a global footprint across six continents and 50+ countries by delivering key customised solutions for

Since its last announcement on June 4, the company has received additional orders valued at around ₹1,600 crore for its India line pipe facility

Textile stocks traded largely negative, falling up to 4 per cent, after 50 per cent tariffs levied by the US on Indian goods came into effect from August 27, 2025