Welspun Corp bags multiple orders of 120 KMT worth Rs1,400cr

With the new orders, the company's order book stands at 492 KMT valued at approximately Rs4,700cr after considering execution up to August 2021.

Sep 20, 2021 03:09 IST India Infoline News Service

Welspun Corp
Welspun Corp on Monday announced that the company has received multiple orders of approximately 120 KMT valuing close to Rs1,400cr most of which will be executed from its facilities in India.

The order includes a significant and very prestigious export order for a deep offshore pipeline project (of approximately 59 KMT) in the Gulf-of-Mexico, USA.

Welspun Corp said that this exhibits overall improvement in business sentiments, our strong customer connects, their confidence in our technical excellence and our execution capabilities.

With the new orders, the company's order book stands at 492 KMT valued at approximately Rs4,700cr after considering execution up to August 2021.

On Sensex, Welspun Corp finished at Rs122.55 per piece up 1%. 

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