Welspun Corp Ltd

Welspun Corp Ltd rose for a third straight session today. The stock is quoting at Rs 1366.9, up 3.63% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.07% on the day, quoting at 23930.5. The Sensex is at 75999.31, down 0.01%. Welspun Corp Ltd has added around 11.46% in last one month. Meanwhile, Nifty Metal index of which Welspun Corp Ltd is a constituent, has added around 5.15% in last one month and is currently quoting at 13492.55, up 1.67% on the day. The volume in the stock stood at 8.05 lakh shares today, compared to the daily average of 9.06 lakh shares in last one month.The PE of the stock is 41.44 based on TTM earnings ending March 26.Powered by Capital Market - Live

Net profit of Welspun Corp declined 46.96% to Rs 370.36 crore in the quarter ended March 2026 as against Rs 698.31 crore during the previous quarter ended March 2025. Sales rose 9.87% to Rs 4312.56 crore in the quarter ended March 2026 as against Rs 3924.97 crore during the previous quarter ended March 2025. For the full year,net profit declined 15.46% to Rs 1613.05 crore in the year ended March 2026 as against Rs 1908.14 crore during the previous year ended March 2025. Sales rose 19.98% to Rs 16770.14 crore in the year ended March 2026 as against Rs 13977.54 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales4312.563924.97 10 16770.1413977.54 20 OPM %11.6811.72 -13.3311.93 - PBDT597.04465.72 28 2501.062147.27 16 PBT504.01378.73 33 2146.511796.20 20 NP370.36698.31 -47 1613.051908.14 -15 Powered by Capital Market - Live

Welspun Corp announced that the Board of Directors of the Company at its meeting held on 21 May 2026, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

The key equity indices pared with most of the gains and traded near flat line in mid-morning trade despite positive global cues. Positive global cues failed to sustain investor enthusiasm as crude oil prices climbed. However, investors remained focused on the ongoing quarterly earnings season. Nifty traded below the 23,750 mark. Metal stocks extended gains for two consecutive sessions. At 11:25 IST, the barometer index, the S&P BSE Sensex added 57.49 points or 0.09% to 75,383.55. The Nifty 50 index rose 56.10 points or 0.18% to 23,713.40. The broader market outperformed the frontline indices. The BSE 150 MidCap Index rose 0.30% and the BSE 250 SmallCap Index jumped 0.70%. The market breadth was strong. On the BSE, 2,526 shares rose and 1,281 shares fell. A total of 230 shares were unchanged. In the commodities market, Brent crude for July 2026 settlement advanced $1.07 or 1.02% to $106.09 a barrel. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 96.3200 compared with its close of 96.8600 during the previous trading session. Buzzing Index: The Nifty Metal index jumped 0.56% to 13,259.95. The index increased 0.73% in the two consecutive trading sessions. Welspun Corp (up 2.4%), Hindalco Industries (up 1.62%), Hindustan Copper (up 1.29%), National Aluminium Company (up 1.27%), Tata Steel (up 1.13%), Adani Enterprises (up 1.06%), Hindustan Zinc (up 0.76%), Lloyds Metals & Energy (up 0.64%), NMDC (up 0.43%) and Jindal Stainless (up 0.37%) surged. Stocks in Spotlight: Honeywell Automation India surged 10.88% after the company reported a 14.15% increase in standalone net profit to Rs 159.7 crore in Q4 FY26, compared with Rs 139.9 crore in Q4 FY25. Ola Electric Mobility dropped 4.09% after the company reported weak Q4 FY26 performance despite improvement in gross margins, operating efficiency and cash flow. The company posted a consolidated net loss of Rs 500 crore in Q4 FY26 compared with a net loss of Rs 870 crore in Q4 FY25 and Rs 487 crore in Q3 FY26. Revenue from operations declined 56.6% YoY and 43.6% QoQ to Rs 265 crore in the March 2026 quarter. Global Markets: Asia-Pacific market opened higher on Thursday, following overnight gains on Wall Street amid hopes of a possible resolution to the Middle East conflict. U.S. President Donald Trump said that Washington was in the 'final stages' of negotiations with Iran, according to media reports, helping lift investor optimism. Japan's Nikkei 225 jumped over 3% after the release of the country's latest trade data. Exports rose at the fastest pace since January, rising 14.8% in April, driven by surge in semiconductor shipments. Imports grew 9.7% year-on-year, higher than an expected 8.3% rise, according to government data. The country's trade balance narrowed to 301.9 billion yen in April, from 643 billion yen in March. Overnight in the U.S., The Dow Jones Industrial Average advanced 645.47 points, or 1.31%, closing at 50,009.35. The S&P 500 rose 1.08% to 7,432.97, while the Nasdaq Composite added 1.54% and ended at 26,270.36.Powered by Capital Market - Live

Welspun Corp will hold a meeting of the Board of Directors of the Company on 21 May 2026.

With this latest order, along with contracts secured since its update on 30 March 2026, the company's consolidated global order book has increased to around Rs 25,350 crore (approximately USD 2.6 billion). The company said the order pipeline provides strong visibility and continuity across its India and US operations. The newly secured orders are scheduled for execution during FY27 and FY28. Welspun Corp is one of the largest manufacturers of large-diameter pipes globally and has established a global footprint across six continents and fifty countries by delivering key customised solutions for both onshore and offshore applications. The company also manufactures Ductile Iron (DI) pipes, TMT (Thermo-Mechanically Treated) rebars, BIS-certified steel billets, stainless steel pipes and tubes & bars. The company's consolidated net profit fell 32.9% to Rs 452.59 crore on a 25.4% increase in revenue from operations to Rs 4,532.48 crore in Q3 FY26 over Q3 FY25. The counter slipped 1.25% to Rs 1,346.50 on the BSE. Powered by Capital Market - Live

Welspun Corp announced the receipt of a large order for supply of LSAW Pipes from its US facility, valued at approx. Rs 700 crore. With this latest order, the company's consolidated global order book now stands at Rs 25,350 crore (approx. US$ 2.6 billion). The above order book will be executed during FY27 and FY28.

Welspun Corp Ltd is up for a fifth straight session today. The stock is quoting at Rs 1212.7, up 0.43% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.74% on the day, quoting at 24075.7. The Sensex is at 77243.68, up 0.76%. Welspun Corp Ltd has gained around 49.22% in last one month. Meanwhile, Nifty Metal index of which Welspun Corp Ltd is a constituent, has gained around 16.55% in last one month and is currently quoting at 12746.65, up 1.85% on the day. The volume in the stock stood at 5.06 lakh shares today, compared to the daily average of 12.41 lakh shares in last one month.The PE of the stock is 42.08 based on TTM earnings ending December 25.

Welspun Corp Ltd rose for a third straight session today. The stock is quoting at Rs 1211.4, up 6.34% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.75% on the day, quoting at 24195.15. The Sensex is at 77763.49, down 0.96%. Welspun Corp Ltd has added around 51.01% in last one month. Meanwhile, Nifty Metal index of which Welspun Corp Ltd is a constituent, has added around 15.89% in last one month and is currently quoting at 12892.2, down 0.58% on the day. The volume in the stock stood at 34.66 lakh shares today, compared to the daily average of 9.38 lakh shares in last one month.The PE of the stock is 39.66 based on TTM earnings ending December 25.

Welspun Corp Ltd rose for a fifth straight session today. The stock is quoting at Rs 931.35, up 5.94% on the day as on 12:39 IST on the NSE. The benchmark NIFTY is up around 3.46% on the day, quoting at 23923.45. The Sensex is at 77391.97, up 3.72%. Welspun Corp Ltd has added around 19.41% in last one month. Meanwhile, Nifty Metal index of which Welspun Corp Ltd is a constituent, has added around 3.16% in last one month and is currently quoting at 11762.65, up 2.51% on the day. The volume in the stock stood at 8.86 lakh shares today, compared to the daily average of 5.06 lakh shares in last one month.The PE of the stock is 30.61 based on TTM earnings ending December 25.