Welspun Corp stock at 12-year high; up 130% from 52-week low
Updated: 22 Sep 2022, 10:40 AM IST
TL;DR.In a regulatory filing on Saturday, Welspun Corp said that it has secured an order for a carbon capture pipeline project in the United States. This order is for the supply of 785 miles (1,256 KM) or 100,000 MT (approximately) of high-frequency induction welding (HFIW) pipes.
Welspun Corp reported a 47.70 percent increase in its standalone net profit to ₹80.5 crore for the first quarter ended June.