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WELCORP — Welspun News Story

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India's Welspun Corp rises on $412.5 million order

BUZZ-India's Welspun Corp rises on $412.5 million order

** Shares of Welspun Corp WGSR.NS rise 4% to 2,799 rupees

** Steel pipemaker says its US unit, Welspun Tubular LLC, wins largest-ever order worth about $412.5 million for high-frequency-induction-welded pipes

** Stock rated "buy" on average by 7 analysts; median PT is 2,437 rupees - LSEG-compiled data

** Stock more than triples YTD


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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