Welspun Corp shares hit 52-week high after ₹1,400 crore supply order for oil & gas export projects

Iron and steel products maker Welspun Corp's shares surged more than 4% to hit its 52-week high on Tuesday, July 14, after the company secured a ₹1,400 crore supply order for oil & gas export projects.

NSE data showed that Welspun Corp share price surged 4.17% to its early market high of ₹1,687.60 during Tuesday’s trading session, compared to ₹1,619 at the previous stock market close.

As per the order details, the company will supply pipes for certain oil and gas export projects in the United States from Welspun’s facility in India.

“We are pleased to announce receipt of fresh large orders for supply of pipes for Oil & Gas export projects, from our India facility, cumulatively valued at approx. ₹1,400 crore,” the company informed the stock exchanges.

Order book snapshot

In the NSE filing, Welspun Corp disclosed that with the latest ₹1,400 crore order book update, the company’s consolidated global order book value has risen to ₹23,650 crore or approximately $2.5 billion.

The company attributed the strong order book to its continued operations across both India and the US manufacturing assets. In the official statement, Welspun also said that its order book reinforces strong revenue visibility ahead.

The order book is set to be executed over the financial years ending 2026-27 and 2027-28.

“This order book is scheduled for execution over FY27 and FY28, positioning the company for sustained growth momentum over the next two fiscal years,” Welspun Corp. informed the stock exchanges.

106% returns YTD?

Welspun Corp shares have delivered more than 953% returns to investors in the last five years, over 445% gains in the last three years, and more than 79% returns on their investment in the last one-year period, according to NSE data.

On a year-to-date (YTD) basis, the company’s stock has surged 106% in 2026 and has risen more than 17% in the last one-month period. Welspun shares were trading 7.2% higher over the last five market sessions on the stock exchange.

Shares of Welspun rose to their 52-week high of ₹1,677.10 on Tuesday, July 14, 2026, while the 52-week low was at ₹710 on February 2, 2026, according to NSE data.

The company’s market capitalisation (m-cap) was at ₹44,419.71 crore as of the trading session on Tuesday, July 14.