Welspun Corp Hits Record ₹25,350 Cr Order Book; FY26 EBITDA Beats Guidance by 7.7%
Welspun Corp delivered a record-breaking performance in FY26, with an all-time high order book of ₹25,350 crore and an EBITDA of ₹2,371 crore, surpassing its previous guidance. The company is benefiting from a surge in natural gas infrastructure demand in the US driven by LNG exports and AI data centers.
Nilachal Carbo Metalicks Secures ₹35.11 Crore Coke Supply Order from RINL
Nilachal Carbo Metalicks Ltd has finalized a ₹35.11 crore contract with Rashtriya Ispat Nigam Limited for the supply of metallurgical coke. This order follows a volume enhancement from an earlier agreement, significantly boosting the company's near-term revenue pipeline.
Innomet Advanced Materials Bags ₹15.04 Crore International Order from Scope Metals Group
Innomet Advanced Materials Limited has secured a significant international purchase order worth approximately ₹15.04 crore ($1.6 million USD) from Israel-based Scope Metals Group. The contract is specifically for the company's Tungsten Heavy Alloy (THA) division, marking a major expansion in its global export footprint.
Steel Exchange India Secures 5-Year MES Approval Renewal for SIMHADRI TMT Bars
Steel Exchange India Limited has secured a five-year renewal of approval from the Military Engineer Services (MES), Ministry of Defence, for its SIMHADRI TMT brand. This authorization ensures the company remains an approved supplier for critical government infrastructure and defense projects across India.