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WELCORP

Welspun Corp Ltd.

₹181.6

Investment Ratings

  • Master Rating:
  • Welspun (Nse) has an operating revenue of Rs. 5,817.88 Cr. on a trailing 12-month basis. An annual revenue de-growth of -34% needs improvement, Pre-tax margin of 11% is healthy, ROE of 16% is good. The company has a reasonable debt to equity of 12%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 9% and 26% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 11% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 58 which is a POOR score indicating inconsistency in earnings, a RS Rating of 47 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 143 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Recommendation HoldBuy Sell

Result Highlights

Welspun Corp Ltd Synopsis

NSE-Steel-Producers

Welspun Corp is involved in the business activities of Casting of iron and steel. Company’s Total Operating Revenue is Rs. 4642.11 Cr. and Equity Capital is Rs. 130.44 Cr. for the Year ended 31/03/2021. Welspun Corp Ltd. is a Public Limited Listed company incorporated on 26/04/1995 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L27100GJ1995PLC025609 and registration number is 025609.
  • Market Cap

    INR 4,731.01 Cr

  • Sales

    INR 4,196.09 Cr

  • Shares in Float

    13.05 Cr

  • No of Funds

    81 K

  • Yield

    2.69%

  • Book Value

    1.9

  • U/D Vol Ratio

    3.3

  • LTDebt/Equity

    17%

  • Alpha

    0.05

  • Beta

    1.16

Welspun Corp Ltd Ownership
Welspun Corp Ltd Management

Welspun Corp Ltd Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Eps And Sales Estimates

Welspun Corp Ltd Financials

INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Total ShareHolders Funds Annual Cr 2,555.091,560.411,637.011,915.721,809.62
Fixed Assets Annual Cr 854.92884.43813.472,212.132,401.51
Total Non Current Assets Annual Cr 1,211.401,038.511,185.442,615.842,786.29
Total Current Assets Annual Cr 3,264.853,831.123,211.932,889.713,506.31
Total Assets Annual Cr 4,476.244,869.634,397.365,505.556,292.60
INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Book Value Per Share Annual Rs 97.9459.8161.7272.2368.23
ROE Annual % 39.4917.18-16.936.569.64
ROCE Annual % 42.1323.81-2.2810.8413.14
Total Debt to Total Equity Annual -----
EBDIT Annual Margin % 30.8816.141.3811.1016.46

Welspun Corp Ltd Technicals

EMA & SMA

CURRENT PRICE

181.6 (-2.18)

    • Bullish Moving Averages 11
    • Bearish Moving Averages 5

EMA

  • 20 Day

    181.29

  • 50 Day

    170.2

  • 100 Day

    159.34

  • 200 Day

    146.49

Welspun Corp Ltd Resistance and support

188.7 PIVOT

  • First Resistance

    194.25

  • Second Resistance

    202.85

  • Third Resistance

    208.4

  • First Support

    180.1

  • Second Support

    174.55

  • Third Support

    165.95

  • RSI

    56.41

  • MFI

    71.91

  • MACD

    5.57

  • MACD signal line

    5.19

Welspun Corp Ltd Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,701,791 76,614,631 45.02%
Week 3,232,073 125,469,066 38.82%
1 Month 2,273,340 77,429,974 34.06%
6 Month 3,205,635 118,704,669 37.03%

Welspun Corp Ltd Price change analysis

14.8

Over 1 month

Low High
152 197.3

32.25

Over 3 month

Low High
123 197.3

28.7

Over 6 months

Low High
105.85 197.3

52

Over Year

Low High
105.85 197.3

Corporate Action

Date Purpose Remarks
2021-10-28 Quarterly Results
2021-07-29 Quarterly Results
2021-06-28 Audited Results & Final Dividend
2021-01-28 Quarterly Results
2020-10-29 Quarterly Results
Date Purpose Remarks
2021-08-10 FINAL Rs.5.00 per share(100%)Final Dividend
2020-08-07 FINAL Rs.0.50 per share(10%)Dividend
2020-02-13 INTERIM Rs.10.00 per share(200%)Interim Dividend
2019-07-05 FINAL Rs.0.50 per share(10%)Final Dividend & & Buy Back of Shares

MF Shareholding

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News

Welspun Corp Limited - 532144 - Shareholding for the Period

Welspun Corp Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2021. For more details, kindly Click here Read More

Welspun Corp Limited - 532144 - Statement Of Investor Compla

No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor compl Read More

Welspun Corp Limited - 532144 - Compliances-Certificate unde

Please find enclosed herewith the Certificate received from M/s. Link Intime India Private Limited, the Registrar and Share Transfer Agent o Read More

Welspun Corp Limited - 532144 - Business Update

In furtherance to our disclosure dated October 28, 2021, made in relation to the proposed Initial Public Offering of our Saudi Joint Venture Read More

Welspun Corp Limited - 532144 - Compliance Under Regulation

Pursuant to Regulation 57(5) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby certify and confirm th Read More

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