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Reading: Metal inventory jumps 6% after receiving export order for provide of fifty km pipes & bents in Center East
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StockWaves > Financial News > Metal inventory jumps 6% after receiving export order for provide of fifty km pipes & bents in Center East
Financial News

Metal inventory jumps 6% after receiving export order for provide of fifty km pipes & bents in Center East

StockWaves By StockWaves Last updated: June 5, 2025 4 Min Read
Metal inventory jumps 6% after receiving export order for provide of fifty km pipes & bents in Center East
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Additionally learn: Defence inventory to purchase now for an upside of fifty%; Do you personal it?Monetary and operational highlightsDisclaimer

The shares of the distinguished producer of diameter pipes gained as much as 6 % in at this time’s buying and selling session after the corporate’s bagged a major work order for an offshore venture within the Center East.

With a market capitalization of Rs 25,003.45 crore, the shares of Welspun Corp Ltd have been buying and selling at Rs 949.90 per share, rising round 4.22 % as in comparison with the earlier closing value of Rs 911.45 apiece.

The shares of Welspun Corp Ltd have seen constructive motion after securing a serious order to produce 50 km of LSAW pipes and bends, with anti-corrosion and concrete weight coatings. The order, supposed for a key offshore venture within the Center East.

Welspun’s sturdy concentrate on superior expertise, high quality, and confirmed experience in servicing bitter service necessities reinforces its world status. Since its Could 7, 2025, replace, the corporate has secured further orders price ~Rs 450 crore for its India pipes facility, to be executed throughout FY26 and FY27.

Additionally learn: Defence inventory to purchase now for an upside of fifty%; Do you personal it?

Monetary and operational highlights

Wanting ahead to the corporate’s monetary efficiency, income decreased by 12 % from Rs 4,461 crore in Q4FY24 to Rs 3,925 crore in Q4FY25. Additional, throughout the identical timeframe, internet revenue elevated by 143 % from Rs 287 crore to Rs 699 crore.

The corporate holds a sturdy order ebook valued at  Rs 19,553 crore, comprising 1,093 KMT of Line Pipes, 353 KMT of DI Pipes, and 9,025 MT of Stainless Metal (SS) Bars & Pipes. This displays sturdy demand throughout a number of segments in its core piping enterprise.

In FY26, the corporate targets Rs 17,500 crore in income and Rs 2,200 crore in EBITDA, reflecting 25% and 18% progress, respectively, over FY25. It expects ROCE to exceed 20% and goals to keep up a internet debt-to-EBITDA ratio beneath 1.0, making certain sturdy monetary self-discipline and efficiency.

Welspun Corp Restricted is engaged within the enterprise of producing metal merchandise and plastic merchandise. The Firm is engaged within the enterprise of manufacturing and coating of high-grade submerged arc welded pipes, scorching rolled metal plates, and coils. It’s a service supplier of welded line pipes, ductile iron pipes, chrome steel pipes, tubes, and bars.

Punjab Nationwide Financial institution vs Union Financial institution of India: Which carried out higher?

Written by Abhishek Singh

Disclaimer

The views and funding suggestions expressed by funding consultants/broking homes/ranking businesses on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a threat of monetary losses. Buyers should subsequently train due warning whereas investing or buying and selling in shares. Dailyraven Applied sciences or the creator should not answerable for any losses induced because of the choice primarily based on this text. Please seek the advice of your funding advisor earlier than investing.

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