COVID-19 Impact and Macroeconomic Factors
✓ WELSPUN CORP
PIPES AND PLATES
COVID-19 IMPACT
MACRO ECONOMIC FACTORS
-
Oil Prices
IMMEDIATE AFTERMATH
Remained depressed
because of lower demand
Practically all bids and new
orders postponed
Economy faced Liquidity
crunch
Falls to all-time low of 76.97
Global Bids
Liquidity
USDINR
Supply chain disruptions.
Logistics
Plants & Offices
Order Book
Complete shutdown from late
March till Mid April
One each large order from
Australia & USA got deferred
CURRENT SITUATION
Recovering with improved
demand & supply cuts.
Seeing improved traction in
new bids and orders
Improved with RBI liquidity
measures
Currently around 75 levels.
Supply chain gradually.
improving
Plants operational from mid
April 2020.
Recently won a large order in
USA for 90KMTView entire presentation