Welspun Corp Secures ₹700 Crore LSAW Pipe Supply Order

Mumbai, May 15: Welspun Corp Limited announced the receipt of a large order valued at approximately ₹700 crore for supply of LSAW pipes from its United States facility, according to an exchange disclosure.

The company stated that, with the latest order and contracts secured since its previous announcement on March 30, 2026, its consolidated global order book has reached around ₹25,350 crore, equivalent to nearly US$2.6 billion.

According to the filing, the expanded order book provides visibility and continuity for both the company’s India and USA operations.

Welspun Corp further disclosed that the order book will be executed during FY27 and FY28.

The company made the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The latest order strengthens the company’s presence in the global line pipe and infrastructure supply segment amid continued demand from energy and industrial projects.

Stock Market Snapshot

Welspun Corp shares traded lower on May 15, 2026, despite the sizeable order announcement.

As of 11:33 AM IST on May 15, 2026, the stock was trading at ₹1,337.80 on the National Stock Exchange, down 2.17% from the previous close of ₹1,367.50, according to exchange data.

The Welspun Corp share price moved between ₹1,319.40 and ₹1,377.40 during the trading session so far. Investors appeared cautious despite the increase in the company’s consolidated order book.

The company’s market stood at approximately ₹35,280 crore based on exchange data.

Company Background

Welspun Corp Limited operates in the line pipe manufacturing and infrastructure solutions segment with operations across India, the United States and other international markets.

The company manufactures large diameter pipes used in oil, gas and water transportation infrastructure projects. It also has exposure to ductile iron pipes, steel products and infrastructure-linked engineering businesses.

Welspun Corp serves domestic and global customers across energy transmission and industrial infrastructure sectors.

Conclusion

The ₹700 crore LSAW pipe order adds to Welspun Corp’s already substantial global order pipeline and strengthens revenue visibility for the next two financial years.

The expanded consolidated order book highlights continued demand momentum in energy and infrastructure-linked pipeline projects. However, the stock traded lower during the session despite the order announcement.

Source:

• https://www.nseindia.com/get-quote/equity/WELCORP/Welspun-Corp-Limited
• https://nsearchives.nseindia.com/corporate/WELCORP_15052026083622_SELettersigned.pdf