Welspun Corp receives multiple orders worth INR 777 cr

The leading welded line pipe manufacturer-Welspun Corp Limited, has bagged multiple orders of approximately 93 KMT (kilometric tonnes), valuing close to INR 777 cr in the overseas and domestic markets. This includes a single order of approximately 50 KMT received from a large client in the Middle East, to be executed from their facility in Saudi Arabia. Meanwhile, most of the other orders received will be executed from their facilities in India for the domestic market. With these orders, the company’s book stands at 586 KMT, valued at INR 5,300 cr after considering execution up to Feb ’21, SteelMint learned from the BSE filing.