Welspun Corp has been awarded a contract from a customer in MENA Region for supply of 392 K MTs pipes for a water project in MENA Region. With the addition of this order, the company has crossed coveted 1 million MT mark and has current order book of 1,082 K MTs worth Rs 63 billion.

This new pipe contract exhibit the continued confidence of its clients in the company.

Welspun Corp is currently in four businesses viz Line Pipes, Energy, Infrastructure & Steel and enjoys a global leadership position in the first two businesses.

Shares of the company gained Rs 1.5, or 1.09%, to trade at Rs 139.70. The total volume of shares traded was 18,706 at the BSE (9.49 a.m., Friday).