Four stocks surged up to 13% on Friday, August 21, following significant order wins that cumulatively totaled over ₹18,000 crore. According to CNBC TV18, the rally was led by Welspun Corp, which secured its largest-ever single order worth approximately $1.8 billion (₹17,200 crore) to supply pipes from its US manufacturing facility. With this order, the company's global order book has reached a record $4.4 billion (approximately ₹42,100 crore), marking its highest-ever level. The stock gained 13% to hit its intraday and all-time high of ₹2,266, with shares surging 38% in the past month and 181.35% this year.
Data Patterns (India) added 6.4% to trade at ₹4,998.9, bringing its year-to-date gains to 93%. The company secured a ₹585.76 crore order from Bharat Electronics Ltd. for the supply of radar electronics. As reported by CNBC TV18, since July 30 when it informed exchanges of its order book status of ₹2,654 crore, the company has received orders amounting to ₹771.08 crore, including the latest win. Of this amount, ₹745.93 crore were orders negotiated and yet to be received, while ₹25.15 crore are new orders, demonstrating strong defense sector demand.
RailTel Corporation of India gained 2.3% to trade at ₹287.1 after securing a ₹165 crore order from Western Coalfields to establish a multiprotocol Label Switching Virtual Private Network (MPLS VPN). According to CNBC TV18, the order is to establish the MPL VPN Network for Western Coalfields on a rental basis for 60 months and is scheduled to be executed by September 20, 2031. The stock remains down 23% year-to-date, indicating the order win provides a positive catalyst for future performance.
Saatvik Green Energy rose 3.8% to ₹415.4 after its subsidiary Saatvik Solar Industries secured a ₹190 crore order from a domestic independent power producer for solar PV modules. As reported by CNBC TV18, the order is classified as a commercial order and is scheduled to be executed by March 2027. The stock has gained 10% year-to-date, reflecting continued strength in the renewable energy sector. These defense and renewable energy sector wins demonstrate strong demand across multiple industrial segments.
