Welspun Corp's EPIC bags ₹1165 crore Saudi Water Authority steel pipe order

• Welspun Corp's unit, East Pipes Integrated Company for Industry (EPIC), secured a ₹1165 crore order from the Saudi Water Authority.
• The contract is for the manufacture and supply of steel pipes in Saudi Arabia, with a duration of six months.
• EPIC is a leading Saudi Arabian manufacturer of Helical Submerged Arc Welded (HSAW) pipes, supporting KSA's Vision 2030.
• Welspun Corp Ltd shares closed down 3.76% on Monday and have declined 1.20% in the past year.

Why It Matters: A major Saudi order indicates Welspun Corp's financial growth and market strength.