Welspun Corp Share Price Gains Over 13%; Secures Order Worth $1.8 Billion for Supply of Pipes

Welspun Corp Ltd has received a $1.8 billion order for supplying pipes from its manufacturing facility in the United States, valued at around ₹17,200 crore.
According to the company, the $1.8 billion contract is its largest single order to date. The announcement was made in an exchange filing on August 20, 2026.
Execution Planned Over Two Financial Years
The order will be executed between FY28 and FY29, according to the company's filing. Welspun Corp has not disclosed the name of the customer or further details about the project in the announcement.
The pipes will be supplied from the company's US manufacturing facility. The order is connected to pipe infrastructure projects in the North American energy sector.
Global Order Book at $4.4 Billion
After adding the latest contract, Welspun Corp's global order book stands at approximately $4.4 billion, or around ₹42,100 crore.
This is the highest order book level reported by the company. The new $1.8 billion order will be part of the work scheduled for execution over FY28 and FY29.
Company Reports Order to Exchanges
In its filing, the company said the contract would add to its existing order book. It also referred to its manufacturing operations and its business with international clients in relation to the North American market.
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Welspun Corp Ltd Share Price Performance
As of August 21, 2026, 10:44 am, Welspun Corp share price was trading at ₹2,282.00, a 13.80% increase from the previous closing price.
Conclusion
Welspun Corp will execute its $1.8 billion pipe supply order over FY28 and FY29. The contract, its largest so far, has increased the company's global order book to approximately $4.4 billion.
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Published on: Aug 21, 2026, 11:04 AM IST

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