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Welspun Corp shares surge 9% after Rs 17,200 crore order win; global order book hits record Rs 42,000 crore
Welspun Corp shares rallied as much as 9% after the company secured its largest-ever order worth $1.8 billion, or around Rs 17,200 crore, for pipe supplies from its US manufacturing facility. The order takes its global order book to a record $4.4 billion, or around Rs 42,100 crore, boosting multi-year revenue visibility and strengthening its position in global energy infrastructure.
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thehindubusinessline.com
Welspun Corp wins record $1.8 billion US pipe order
Welspun Corp wins a record $1.8 billion US pipe order, taking its global order book to $4.4 billion and strengthening its North American energy presence.
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Buzzing stocks: Welspun Corp, Leapfrog, Rane (Madras), Niva Bupa, RailTel Corp, Walchandnagar, KIMS
Key stock updates: Welspun Corp's historic order, Leapfrog's PLC contract, and significant moves by Rane, Niva Bupa, and others.
