Welspun Corp secures Rs 1,300 crore orders in US for coated HSAW pipes

Quick Summary:

The company expressed optimism regarding its outlook for the US market.“We have also participated in a few more projects and are favourably placed in additional 1-2 large projects,” the company said.

Despite the latest order on Monday, Welspun shares dropped marginally by 0.21 per cent to Rs 731 as of 12.45 pm on Monday.

The projects are valued at approximately Rs 1,300 crore, the company said in an exchange filing on Monday.

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Category: BusinessFinance

Markets: IndiaUnited States

Topics: Welspun Corp shares US order Natural gas pipe networks Rs 1300 crore ordr

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 13:54:44 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 18 lines

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Copyright Owner: © Business Standard

News ID: 23391742

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