Welspun Corp shares climbed as much as 5.35% to ₹2,836.50 on the NSE on Friday, September 25, after its US subsidiary, Welspun Tubular LLC, secured its largest-ever order for High‑Frequency Induction Welded (HFIW) pipes. The order, valued at approximately $412.5 million or ₹4,000 crore, will be manufactured at the upgraded facility in Little Rock, USA, with execution scheduled for FY28 and FY29. The deal has pushed the company’s global order book to a record $4.7 billion, roughly ₹45,000 crore.

Welspun Corp’s exchange filing highlighted that the 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 also noted that its associate, East Pipes Integrated Company for Industry (EPIC), a listed entity in Saudi Arabia, signed a contract with Saudi Arabian Oil Co. (Aramco) for the manufacturing and supply of steel pipes valued at more than SAR 771 million, approximately ₹2,000 crore, including value‑added tax.

In August 2026, Welspun Corp secured the largest single order in its history, valued at about $1.8 billion or nearly ₹17,200 crore, for the supply of pipes from its U.S. manufacturing facility. The company stated that this record‑breaking order is the single largest ever awarded to it 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 order will be executed between FY 2027‑28 and FY 2028‑29.

Welspun Corp has emerged as one of the standout stocks of 2026, 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 about 210%, as of the September 24, 2026 closing level. In contrast, the benchmark NIFTY50 index has slid 7.34% as of September 24, 2026.

In its Q1 FY27 earnings, the company reported a consolidated net profit of ₹1,047.88 crore, nearly three times the ₹349.16 crore reported in the same period a year ago. 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.

Welspun Corp, a flagship company of Welspun World, 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. The company’s recent contracts and order book growth reflect its expanding presence in key international markets and its continued focus on large‑scale, high‑value projects.