Shares of Welspun Corp rallied as much as 9% to a day’s high of Rs 2,193 on the BSE on Friday after the company announced that it had secured the largest-single order in its history, valued at approximately $1.8 billion, or around Rs 17,200 crore, for the supply of pipes from its manufacturing facility in the United States.
With the latest order, Welspun Corp's global order book has swelled to a record $4.4 billion, equivalent to around Rs 42,100 crore, according to the company. This marks the highest order book in the company's history.
