Welspun Corp
Welspun Corp Performance
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52 Week Range
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Start SIP in Welspun Corp
Start SIPWelspun Corp Investment Rating
-
Master Rating:
-
Welspun (Nse) has an operating revenue of Rs. 9,758.10 Cr. on a trailing 12-month basis. An annual revenue growth of 43% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 4% is fair but needs improvement. The company has a reasonable debt to equity of 41%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 14% and 11% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 12% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 37 which is a POOR score indicating inconsistency in earnings, a RS Rating of 72 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 95 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 mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 2,533 | 1,465 | 1,534 | 1,360 | 1,832 |
| Operating Expenses Qtr Cr | 2,144 | 1,322 | 1,461 | 1,314 | 1,750 |
| Operating Profit Qtr Cr | 389 | 143 | 73 | 71 | 82 |
| Depreciation Qtr Cr | 28 | 28 | 26 | 27 | 29 |
| Interest Qtr Cr | 53 | 39 | 31 | 26 | 21 |
| Tax Qtr Cr | 87 | 26 | 50 | 16 | 51 |
| Net Profit Qtr Cr | 244 | 58 | 146 | 81 | 315 |
Welspun Corp Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹238.88
- 50 Day
- ₹227.29
- 100 Day
- ₹221.95
- 200 Day
- ₹217.81
- 20 Day
- ₹237.24
- 50 Day
- ₹222
- 100 Day
- ₹213.91
- 200 Day
- ₹226.59
Welspun Corp Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹257.52 |
| Second Resistance | ₹262.39 |
| Third Resistance | ₹267.22 |
| RSI | 74.38 |
| MFI | 83.37 |
| MACD Single Line | 6.78 |
| MACD | 8.16 |
| Support | |
|---|---|
| First Resistance | ₹247.82 |
| Second Resistance | ₹242.99 |
| Third Resistance | ₹238.12 |
Welspun Corp Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 2,779,938 | 127,988,346 | 46.04 |
| Week | 2,022,772 | 99,014,709 | 48.95 |
| 1 Month | 938,428 | 46,639,865 | 49.7 |
| 6 Month | 792,919 | 34,071,736 | 42.97 |
Welspun Corp Result Highlights
Welspun Corp Synopsis
NSE-Steel-Producers
Welspun Corp is involved in the business activities of Manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company’s Total Operating Revenue is Rs. 6916.67 Cr. and Equity Capital is Rs. 130.77 Cr. for the Year ended 31/03/2023. 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 | 6,801 |
| Sales | 6,917 |
| Shares in Float | 13.08 |
| No of funds | 114 |
| Yield | 1.92 |
| Book Value | 1.96 |
| U/D Vol ratio | 2 |
| LTDebt / Equity | 7 |
| Alpha | 0.02 |
| Beta | 1.7 |
Welspun Corp
| Owner Name | Mar-23 | Dec-22 | Sep-22 | Jun-22 |
|---|---|---|---|---|
| Promoters | 49.99% | 49.9% | 49.9% | 50.01% |
| Mutual Funds | 3.09% | 3.04% | 4.48% | 4.63% |
| Insurance Companies | 8.34% | 8% | 6.71% | 5.94% |
| Foreign Portfolio Investors | 7.27% | 7.96% | 9.03% | 8.95% |
| Financial Institutions/ Banks | ||||
| Individual Investors | 17.6% | 17.1% | 16.55% | 16.89% |
| Others | 13.71% | 14% | 13.33% | 13.58% |
Welspun Corp Management
| Name | Designation |
|---|---|
| Mr. Balkrishan Goenka | Chairman & Non-Exe.Director |
| Mr. Vipul Mathur | Managing Director & CEO |
| Mr. Arun Todarwal | Lead Independent Director |
| Mrs. Revathy Ashok | Independent Director |
| Mr. Desh Raj Dogra | Independent Director |
| Ms. Amita Misra | Independent Director |
| Mr. Rajesh R Mandawewala | Director |
| Ms. Dipali Goenka | Director |
Welspun Corp Forecast
Price Estimates
Welspun Corp Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-05-30 | Audited Results & Final Dividend | |
| 2023-02-02 | Quarterly Results | |
| 2022-11-03 | Quarterly Results | |
| 2022-08-04 | Quarterly Results | |
| 2022-05-27 | Audited Results & Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 2023-06-16 | FINAL | Rs.5.00 per share(100%)Final Dividend |
| 2022-06-10 | FINAL | Rs.5.00 per share(100%)Dividend |
| 2021-08-10 | FINAL | Rs.5.00 per share(100%)Final Dividend |
Welspun Corp FAQs
What is Share Price of Welspun Corp ?
Welspun Corp share price is ₹260 As on 01 June, 2023 | 23:59
What is the Market Cap of Welspun Corp ?
The Market Cap of Welspun Corp is ₹6801.1 Cr As on 01 June, 2023 | 23:59
What is the P/E ratio of Welspun Corp ?
The P/E ratio of Welspun Corp is 32.9 As on 01 June, 2023 | 23:59
What is the PB ratio of Welspun Corp ?
The PB ratio of Welspun Corp is 1.4 As on 01 June, 2023 | 23:59