Welspun Corp shares jump 5%: US arm bags record ₹4,000 crore order; global order book hits ₹45,000 crore

Welspun Corp shares gained as much as 5.35% to ₹2,836.50 apiece on the NSE on Friday, September 25, after the company’s US subsidiary, Welspun Tubular LLC, secured its largest-ever order for High-Frequency Induction Welded (HFIW) pipes, valued at around $412.5 million (₹4,000 crore).

The pipes will be manufactured at its upgraded facility in Little Rock, USA, with execution scheduled for FY28 and FY29.

With the order, Welspun Corp’s global order book has reached a record $4.7 billion (around ₹45,000 crore).

"This order underscores the scale, quality and execution capability of the Company's operations, and reinforces its long-term strategy of expanding global manufacturing capacity and deepening relationships with marquee international clients," the company said in its exchange filing.

Key details to know

On September 20, 2026, the company announced that its associate company, East Pipes Integrated Company for Industry (EPIC), a listed entity in Saudi Arabia, had signed a contract with Saudi Arabian Oil Co. (Aramco) for the manufacturing and supply of steel pipes.

“This record-breaking order is the single largest ever awarded to the Company and marks a defining milestone in its global growth trajectory, reaffirming its leadership position as a trusted, large-scale partner to the global energy and infrastructure sector,” the company said.

The order will be executed between FY 2027-28 & FY 2028-29.

Stock price trend

Welspun Corp has emerged as one of the standout stocks of 2026, with the stock rallying 238% so far this year. The shares have gained around 223% in the past six months, over 15% in the last month, and 6.7% in the past five trading sessions. Over the past 12 months, the stock has surged around 210%, as of the September 24, 2026 closing level.

On the other hand, the benchmark NIFTY50 index has slid 7.34% (as of September 24, 2026).

Welspun Corp Q1 FY27 earnings

The company said its consolidated net profit surged nearly three times to ₹1,047.88 crore in the June quarter of the current fiscal year (Q1 FY27), driven by a growth in income.

It had reported a net profit of ₹349.16 crore in the same period a year ago, the company said in an exchange filing.

The company's total income rose to ₹4,144.91 crore from ₹3,586.52 crore logged in Q1 FY26.

The board also approved the acquisition of an additional 51% equity stake in Welspun Captive Power Generation Ltd (WCPGL) from Welspun Living Ltd (WLL), a promoter group company, comprising 1,50,64,213 equity shares of a face value of ₹10 each, at a consideration of ₹67.66 crore, the company said.

About Welspun Corp

Welspun Corp is a flagship company of Welspun World and is globally known as one of the largest top-tier manufacturers of large-diameter welded line pipes. It serves critical global energy and water infrastructure sectors, including major oil, gas, and water transmission projects across more than 50 countries.