Welspun Stocks Hit 52-Week Highs, Surge After Order Wins
Welspun Corp & Enterprises hit 52-week highs after order wins; stocks surged up to 5%. Welspun Corp gained 293% in 6 months; Welspun Enterprises advanced 115% from lows. Source: Livemint
Stock news timeline · WELCORP
News timeline · Last 30 days
23 Aug 2026 – 21 Sep 2026 · Times in IST
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Welspun Corp & Enterprises hit 52-week highs after order wins; stocks surged up to 5%. Welspun Corp gained 293% in 6 months; Welspun Enterprises advanced 115% from lows. Source: Livemint
Welspun Corp's associate signed a 6-month steel pipe supply contract with Saudi Aramco. Financial impact expected from Q4 FY2026-27 to Q1 FY2027-28. Source: ScoutQuest
Welspun Corp Ltd announces incorporation of a step-down subsidiary, Welspun Pipe Jordan, for iron and steel product manufacturing. Subsidiary will focus on wires, pipes, and tubular products for water, gas, oil transport; 100% owned by Welspun Global Holdings. Source: BSE
Nifty Metal index rose 1.51%, closing at 13,052.6; Welspun Corp gained 8.1%, APL Apollo Tubes 5.7%, Hindustan Zinc 4.1%. Nifty Metal soared 31% in one year vs Nifty 50's 8.2% drop; Nifty Media and Nifty MNC indices gained 1.3% and 1.2% respectively. Source: Business Standard
Nifty Smallcap 100 index fell 2% amid a broader 5% weekly decline, underperforming Nifty 50's 2% drop. Afcons Infrastructure dropped 14%, while Welspun Corp, FSL, and others declined 4-6% intraday. Source: Business Standard
Welspun Corp Ltd to incorporate 'Welspun Special Coating Pvt Ltd', a step-down subsidiary. The new entity will focus on protective coatings; incorporation awaits Ministry of Corporate Affairs approval. Source: BSE
Welspun Corp shares surged 1,990% over five years, delivering 20x returns. The stock sharply outperformed the Nifty Metal index during this period. Source: ndtvprofit.com
Jefferies gives Welspun Corp a 'Buy' rating with a target price of ₹3,250, implying a 29% upside. Welspun is set to benefit from oil & gas infra upcycle, 51% capacity expansion, and a ₹42,100 crore order book. Source: CNBC TV 18
Welspun Corp and Perma-Pipe sign MoU to establish pipe manufacturing and coating facilities in Jordan. The JV aims to serve infrastructure projects in Jordan and Levant, enhancing regional supply chains and water security. Source: BSE
Welspun Corp planned to sell a 26% stake in Clean Max Dhyuthi for ₹760 lakhs. The sale was canceled mutually due to current power demand and availability conditions. Source: ScoutQuest
Welspun Corp formed Welspun Slagexcel Pvt Ltd with 26% equity to produce slag. The new entity will manufacture Ground Granulated Blast Furnace Slag using granulation. Source: ScoutQuest
Welspun Corp led Nifty Metal in August, rising 40%, followed by APL Apollo Tubes (+19.4%) and Hindustan Zinc (+16.2%). Emkay retained Buy ratings on Tata Steel, Jindal Steel, and SAIL, citing resilient steel prices and strong demand. Source: CNBC TV 18
Welspun Investments sold 6M shares of Welspun Corp at ₹2275.3 each. The transaction was recorded on 26-Aug-2026 with no additional remarks. Source: NSE Bulk Trades
Aberdeen Standard SICAV I bought 157,000 shares of Welspun Corp at ₹2275.3. Source: NSE Block Trades
American Funds Insurance Series New World Fund bought 7,438 shares of Welspun Corp Ltd. The shares were traded at a weighted average price of ₹2,275.3. Source: NSE Block Trades
EURO PACIFIC GROWTH FUND acquired 2,945,863 Welspun Corp shares at ₹2275.3/share. The transaction's total value was ₹670.27 crores on 2026-08-26. Source: ScoutQuest
₹6,000 crore block deals on Dalal Street include Welspun Corp, Physicswallah, Groww, Viyash Scientific, Rubicon Research. Welspun Corp fell 5.3%, Physicswallah rose 3.4%, Groww dropped 3.6%, Viyash Scientific dipped 5.3%, Rubicon Research gained 4.9%. Source: CNBC TV 18
Welspun Corp engages in ₹3,300+ crore stake sales via block deals. Groww platform highlighted these stake sales in business news. Source: ScoutQuest
Welspun Corp and Tata Consumer among 5 stocks tipped for 10-40% returns by 2026. Emkay Global gives Urban Company a Buy rating with a target of Rs 190, 20% upside. Source: The Economic Times
Welspun Corp led gains in Nifty 500, surging 23.4%, followed by Jyoti CNC Automation (20%) and Balrampur Chini Mills (16.7%). Market volatility persists due to rising crude prices, geopolitical tensions, and global bond yields; selective stock picking advised. Source: Livemint