The shares of Welspun Corp Ltd gained around 5% intraday Friday as a company got an order for supplying the pipes (220 KMT) for Gas and Oil project in the American areas. The current order book of the company stands at 1,776 KMTs valued at INR 150 billion.

The share touched its 52-week low INR 103.30 and 52-week high INR 197 on 10 July 2018 and 22 January 2018 respectively. Currently, it’s 70.96% above its 52-week low.

At 3:59 PM, 07 September 2018, Welspun Corp was quoting at INR 179.80 up INR 5.05 or 2.89%

About Welspun Corp:

Incorporated in 1995, Welspun Corp is Mumbai, India based large diameter pipes manufacturer. It operates a plant (1.65 mtpa) in Anjar, Gujarat and is being increased to 2.1 mtpa. The main products are pipes, plates, coils, Power, and textiles. The company has around 24,000 employees and revenue is USD 960 million.