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Welspun Corp Secures ₹1,300 Crore US Orders for Coated HSAW Pipes

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Synopsis:

Welspun Corp secures ₹1,300 crore US orders for coated HSAW pipes for natural gas pipelines. Cumulative US order value crosses ₹7,000 crore by Q3 FY25.

Welspun Corp news today

Welspun Corp has secured two new orders in the United States worth ₹1,300 crore for coated HSAW pipes. These orders, intended for natural gas pipeline projects, will be executed during FY26. With this, the cumulative value of orders received by Welspun Corp’s US plant till Q3 FY25 has surpassed ₹7,000 crore, demonstrating strong growth in the international market.

Also read: Suven Pharma Acquires 56% Stake in US-Based NJ Bio for ₹535 Crore

WELSPUN LIVING LIMITED

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125.57-1.65 (-1.29 %)

Updated - 02 May 2025
129.72day high
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125.25day low
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940969
VOLUME (BSE)

Key Takeaways

  • Two new orders worth ₹1,300 crore have been secured for HSAW pipes.

  • Orders will be executed in FY26 for natural gas pipeline projects.

  • Cumulative US orders exceed ₹7,000 crore as of Q3 FY25.

Also read: Paytm Singapore to Sell SARs in PayPay for ₹2,364 Crore

Recent Orders Highlight Growing Demand

Welspun Corp recently bagged a ₹2,400 crore order in the US for coated HSAW pipes, scheduled for completion by FY26. The company also secured an order from the Middle East for coated LSAW pipes and bends. With these additions, the company's robust order book reflects its expanding footprint in both domestic and international markets.

Region

Order Value (₹ crore)

Execution Period

United States

1,300

FY26

United States

2,400

FY24-FY26

Middle East

1,348

FY25-FY26

Positive Market Outlook

Welspun Corp remains optimistic about its US market prospects. It has participated in multiple projects and is favourably placed to secure additional orders. The company’s ongoing projects in India and the Middle East further consolidate its leadership in the pipe manufacturing sector.

Welspun Corp's new US orders underline its strong position in the pipe manufacturing industry. With cumulative US orders exceeding ₹7,000 crore by Q3 FY25, the company is poised for sustained growth. The Welspun Corp share price has gained 28.26% this year, reflecting market confidence in its strategic initiatives and expanding global footprint.

Also read: Larsen & Toubro Triumphs in ₹702 Crore Tribunal Case, Customs Demand Quashed

 

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

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