Welspun Corp stock jumps 12% following massive $1.8 billion US contract
Shares of Welspun Corp climbed 11.89% to reach an all-time high of ₹2,243.70. This rally follows the company winning its biggest contract to date, valued at approximately $1.8 billion, to provide pipes from its American plant. The project is scheduled for completion during the 2028 and 2029 fiscal years, pushing the firm's total global order backlog to a record $4.4 billion, which is roughly ₹42,100 crore.
by shortkt.com✓