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Welspun Corp buzzes after EPIC wins ₹1,165 crore steel pipe contract in Saudi Arabia

Welspun Corp Limited announced that its associate, EPIC, won a six-month Saudi Water Authority contract worth over 485 million SAR (₹1,165 crore) for steel pipe supply.

Introduction

Leading industrial group’s associate in Saudi Arabia secured a six-month contract with the Saudi Water Authority valued over 485 million SAR (₹1,165 crore) for manufacturing and supplying steel pipes.

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Share price movement of Welspun Corp

On December 9, 2025, Welspun Corp Ltd opened at ₹813.95, up 2.02% from its previous close of ₹797.70. The stock reached a high of ₹817.15 and a low of ₹786.50. By 11:53 AM, it traded at ₹796.85, down 0.11%, with a market cap of ₹21,005.52 crore.

Welspun Associate EPIC Wins Saudi Contract

Welspun Corp Limited announced that its associate, East Pipes Integrated Company for Industry (EPIC), secured a contract with the Saudi Water Authority. The deal is valued over 485 million SAR (₹1,165 crore).

The six-month contract covers manufacturing and supply of steel pipes. EPIC, a leading HSAW pipe manufacturer in KSA, will report financial impact in Q4 FY2025-26 and Q1 FY2026-27.

Stock performance of Welspun Corp for Period of 1 week, 6 months, and 1 year

Welspun Corp Ltd delivered a 5.65% decline over the past week. The stock declined 13.7% in the past six months and fell 0.92% over the past year.

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Shareholding pattern of Welspun Corp

ParticularsSep 2025Jun 2025Mar 2025
Promoter50%50%50%
FII11.80%12.10%12.20%
DII20.90%20.70%20.50%
Public17.50%17.30%17.30%

About Welspun Corp

Welspun Corp Ltd (NSE: WELCORP) is a leading global manufacturer of large-diameter pipes, steel billets, TMT rebars, DI and stainless steel pipes, and has expanded into building materials through strategic acquisitions.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Welspun Corp Ltd share price in focus today?

A: Welspun Corp Ltd share price is in focus after its associate EPIC secured a six-month Saudi Water Authority contract worth 485 million SAR.

Q: What does Welspun Corp Ltd specialize in?

A: Welspun Corp Ltd specializes in manufacturing large-diameter pipes, steel billets, TMT rebars, DI and stainless steel pipes, and building materials.

Q: What is the 52-week high and low of Welspun Corp Ltd stock?

A: Welspun Corp Ltd stock has a 52-week high of ₹994.60 and a 52-week low of ₹665.70.

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