Welspun Corp Hits 52-Week High on Repeat Middle East Order and Rs 19,553-Cr Order Book

Shares of Welspun Corp Limited soared 6.8% on Thursday, hitting a fresh 52-week high of ₹973 on the BSE, buoyed by a major export order win and strong financial momentum. The stock, which closed at ₹911.45 in the previous session, saw trading volumes jump by over 1.2 times.

The surge follows the company’s announcement of a repeat export order for 50 kilometres of Longitudinal Submerged Arc Welded (LSAW) pipes and bends, complete with anti-corrosion and concrete weight coating (CWC), for a key offshore project in the Middle East. This repeat order underscores Welspun’s reputation for delivering technologically advanced, high-quality pipeline solutions for sour service environments.

Since May 7, 2025, Welspun’s Indian pipe manufacturing facilities have also secured additional orders worth approximately ₹450 crore, scheduled for execution in FY26 and FY27. The group’s overall order book is currently at a strong ₹19,553 crore as of March 31, 2025, representing good demand across international and domestic markets.

A group flagship, Welspun Corp is among the leading line pipe manufacturers in the world. It specializes in manufacturing large-diameter strategic pipes for the oil, gas, and infrastructure sectors and is at the intersection of technology and a sharp focus on sustainability and global regulations.

Bolstered by over ₹25,000 crore market capitalization and a consistent dividend payout ratio of 27.3%, Welspun has delivered multi-bagger returns—increasing 107% from its 52-week low of ₹469 and over 1,200% in the past five years.

With the energy and infrastructure sectors increasing around the world, Welspun Corp is further cementing its position as a reliable partner in key pipeline projects, especially in the tough offshore terrain.