Welspun Corp share price: Nearly 186% returns in 2026 alone - What's driving the rally?
New Delhi, Aug. 21 -- Welspun Corp share price has surged nearly 186% year-to-date (YTD) in 2026, with analysts attributing the sharp rally to strong growth prospects in the US and Saudi markets, along with robust quarterly earnings and a record order book.
The company's consolidated net profit nearly tripled to Rs.1,047.88 crore in the June quarter of the current fiscal, supported by a strong increase in income.
The company had reported a consolidated net profit of Rs.349.16 crore in Q1 FY26, according to an exchange filing.
Meanwhile, Welspun Corp's total income rose to Rs.4,144.91 crore in Q1 FY27, compared with Rs.3,586.52 crore in the year-ago quarter.
The company has a strong order book of Rs.267 crore, spread across India and t...
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