Welspun Corp Overtakes HFCL as Top Nifty 500 Gainer
· Business · Economic Times, LiveMint
Welspun Corp has become the best-performing stock on the Nifty 500 index in 2026, recording a 236% rally that surpassed the 230% gain of AI infrastructure company HFCL. The company's growth is attributed to strong demand for its large-diameter pipes used in global oil, gas, and water transmission projects. Welspun recently secured a record $1.8 billion order for pipe supplies from its US manufacturing facility, pushing its total global order book to an all-time high of $4.4 billion. While HFCL's performance was driven by the data centre and AI boom, Welspun’s surge reflects renewed global investment in energy infrastructure.
Why it matters
Welspun's record order book and stock performance signal strong investor confidence in traditional energy and water infrastructure projects, even as the market remains focused on AI-linked stocks.
Read the original report — Economic Times
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