Welspun Corp Shares Surge 10% on Record $1.8 Billion US Order

Welspun Corp shares jumped 10% on August 21, 2026, after the company secured a $1.8 billion (approx. ₹17,200 crore) pipe supply contract in the United States, its largest-ever order.

The contract is expected to significantly boost the company's revenue over the coming fiscal years, with the stock hitting a record high following the announcement.

This massive order underscores the growing demand for Indian steel products in international infrastructure projects, positioning Welspun as a key player in the global supply chain.