Tuesday, 3 November 2026
Contact Us
BizWire
  • Markets
  • Stocks
  • IPO
  • Economy
  • Startups
  • Corporate
  • Personal Finance
  • Global
GMP
GMP
  • Markets
  • Stocks
  • IPO
  • Economy
  • Startups
  • Corporate
  • Personal Finance
  • Global

Subscribe to Daily Market Morning Brief

Get curated stock insights, IPO alerts, and economic updates in your inbox every morning at 8 AM.

BizWire

BizWire delivers real-time business news, Sensex & Nifty updates, stock picks, IPO analysis, and startup insights from India's leading financial wires.

Market Sections

  • IPO GMP Live
  • Markets
  • Stocks
  • IPO
  • Economy

Insights & Tech

  • Startups
  • Corporate
  • Personal Finance
  • Global

Legal & Policy

  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Contact Us

© 2026 BizWire Financial News Network. All rights reserved.

Privacy Policy•Terms & Conditions•Disclaimer
1647% return in 5 years: Welspun Corp wins ₹5,500 cr US gas pipeline order - What's next for this multibagger stock? — Bizwire | Bizwire
Back to Stocks
  1. Home
  2. Stocks
  3. 1647% return in 5 years: Welspun Corp wins ₹5,500 cr US gas pipeline order - What's next for this multibagger stock?

1647% return in 5 years: Welspun Corp wins ₹5,500 cr US gas pipeline order - What's next for this multibagger stock?

Welspun Corp shares fell 1.75% to ₹2,391.80 on Friday despite winning a ₹5,500-crore US gas pipeline order. The contract, scheduled for execution in 2028-29, lifts the company’s global order book to a record USD 5.25 billion.

1647% return in 5 years: Welspun Corp wins  ₹5,500 cr US gas pipeline order - What's next for this multibagger stock?

Welspun Corp Limited share price ended lower on Friday, October 23, despite the company announcing a ₹5,500-crore US gas pipeline order. The order will be executed from the Welspun USA facility during the financial year 2028-29.While the stock ended lower on Friday, it has delivered spectacular returns over the past few months. Here are all the details about Welspun Corp’s recent order win and outlook.Welspun Corp order winWelspon Corp’s US subsidiary, Welspun Tubular LLC, secured a landmark order of approximately ₹5,500 crore from a major midstream company.

As per the order, the company will supply coated line pipes for a Permian Natural gas pipeline project.“The pipeline will serve an Anchor customer, a data centre complex of one of the A-Grade Hyper scalers, the very top tier of global digital infrastructure,” as per the BSE filing by the company earlier on Friday.According to the company, the recent order win places Welspun at the intersection of two of the biggest infrastructure themes of the decade — energy transmission and AI-led data centre expansion.

With this milestone, the company stands at a record global order book of approximately USD 5.25 billion (~ ₹50,000 crore), an all-time high.What’s next for Welspun Corp after the order win?The order win is a major positive for the company's long-term growth prospects, according to Siddharth Maurya, Founder & Managing Director, Vibhavangal Anukulakara Pvt. Ltd.“Nevertheless, the financial impact of the contract on Welspun Corp’s bottom line would depend on the execution timings, as well as the margins and cost management that would be involved,” stated Maurya, while adding that investors will closely track “if the additional business would actually be capable of generating sustainable growth for the company.”Welspun Corp share price trendThe company scrip closed 1.75% lower at ₹2,391.80 per share on BSE with a market capitalisation of ₹63,093.45 crore on Friday.The stock has delivered 48.50% return in three months, 98.69% return in six months, and a 199.26% year to date (YTD).

Over the last one year, the stock has delivered 183% return. Its share price has surged nearly 235.95% in two years, 484% return in three years and around 1647% return in five years.

Originally published by:

Mint

Related Articles

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technologies on listing day

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technologies on listing day

SFC Environmental Technologies shares made a strong debut, surging 29.12 percent to Rs 426.10 against the IPO issue pric…

Down 38% in 2026, Aditya Birla Real Estate gets Buy rating from Anand Rathi; 30% upside see

Down 38% in 2026, Aditya Birla Real Estate gets Buy rating from Anand Rathi; 30% upside see

Anand Rathi initiated coverage of Aditya Birla Real Estate with a Buy rating and a ₹1,345 target, implying 30% upside.…

BLS International Q2 results: Record revenue on Digital Services growth, but can strong earnings revive shares?

BLS International Q2 results: Record revenue on Digital Services growth, but can strong earnings revive shares?

BLS International reported record Q2 FY27 revenue of ₹973 crore, up 32% year-on-year, with growth in Visa and Consular…

In This Category

More Stocks News

Trending Now

Equities and bond yields dip with AI jitters and economic data in focus

Equities and bond yields dip with AI jitters and economic data in focus

Blackouts hit Indian factories as coal crunch feeds into economy- Moneycontrol.com

Blackouts hit Indian factories as coal crunch feeds into economy- Moneycontrol.com

Sahajanand Medical Technologies IPO booked 47% so far on Day 2; retail investors lead demand- Moneycontrol.com

Sahajanand Medical Technologies IPO booked 47% so far on Day 2; retail investors lead dema…

Bonfiglioli Transmissions IPO subscribed 99% on Day 2; GMP at 24%- Moneycontrol.com

Bonfiglioli Transmissions IPO subscribed 99% on Day 2; GMP at 24%- Moneycontrol.com

India shuns costly Russian crude as West Asia flows recover- Moneycontrol.com

India shuns costly Russian crude as West Asia flows recover- Moneycontrol.com

Equities and bond yields dip with AI jitters and economic data in focus

Equities and bond yields dip with AI jitters and economic data in focus

Blackouts hit Indian factories as coal crunch feeds into economy- Moneycontrol.com

Blackouts hit Indian factories as coal crunch feeds into economy- Moneycontrol.com

Sahajanand Medical Technologies IPO booked 47% so far on Day 2; retail investors lead demand- Moneycontrol.com

Sahajanand Medical Technologies IPO booked 47% so far on Day 2; retail investors lead dema…

Bonfiglioli Transmissions IPO subscribed 99% on Day 2; GMP at 24%- Moneycontrol.com

Bonfiglioli Transmissions IPO subscribed 99% on Day 2; GMP at 24%- Moneycontrol.com

India shuns costly Russian crude as West Asia flows recover- Moneycontrol.com

India shuns costly Russian crude as West Asia flows recover- Moneycontrol.com

Latest News

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technologies on listing day

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technol…

Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO after Vasudevan exit

Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO after Vasudevan exit

Trade Setup for November 4: Top 15 things to know before the opening bell

Trade Setup for November 4: Top 15 things to know before the opening bell

Markets extend gains for fourth day; FPI buying highest in a year

Markets extend gains for fourth day; FPI buying highest in a year

Corn futures hit four-month low on big US crop, export worries

Corn futures hit four-month low on big US crop, export worries

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technologies on listing day

Trust Mutual Fund, Carnelian Asset, Abakkus buy over 3% stake in SFC Environmental Technol…

Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO after Vasudevan exit

Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO after Vasudevan exit

Trade Setup for November 4: Top 15 things to know before the opening bell

Trade Setup for November 4: Top 15 things to know before the opening bell

Markets extend gains for fourth day; FPI buying highest in a year

Markets extend gains for fourth day; FPI buying highest in a year

Corn futures hit four-month low on big US crop, export worries

Corn futures hit four-month low on big US crop, export worries