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Welspun Corp hits 52-week high on Rs 5,000 crore order win

With this, Welspun Crop order book as on date (excluding Saudi) stands at 704,000 MT valued at approximately Rs 10,500 crore.

Welspun Corp soars 18%, hits 52-week high on Rs 5,000 crore order win

SI Reporter Mumbai
Shares of Welspun Corp moved up by 18 per cent to hit 52-week high of Rs 247 on the BSE in Friday’s trade. The spike comes after the company won order worth approximately Rs 5,000 crore for supply of pipes in the United States (US). This deal makes the largest order win in company’s history.

The stock of iron and steel products maker surpassed its previous high of Rs 222 that it had touched on April 22, 2022. The trading volumes on the counter jumped over 10-fold as around 21 million equity shares changed hands on the NSE and

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First Published: May 20 2022 | 1:49 PM IST

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