• Chart
  • Rating
  • Financials
  • Technicals
  • Volume
  • Result
  • Synopsis
  • Corp Action
  • MF Shareholding
  • Similar Stocks
  • FAQs
    1. Home
    2. Stocks
    3. Welcorp Share Price

    Welspun Corp Share PriceWelspun Corp

    Mid Cap 12.2k Result
    ₹538.95
    5.85 (1.1%)
    • Advice
    • Hold
    As on 09 December, 2023 | 00:34 BSE: 532144 NSE: WELCORPISIN: INE191B01025

    Welspun Corp Performance

    Day Range

    • Low 532.10
    • High 547.50
    ₹ 538.95

    52 Week Range

    • Low 177.65
    • High 569.40
    ₹ 538.95
    • Open Price535.75
    • Previous Close533.10
    • Volume1420670

    Start SIP in Welspun Corp

    Start SIP

    Welspun Corp Share Price

    • Over 1 Month 17.95%
    • Over 3 Month 41.48%
    • Over 6 Month 98.4%
    • Over 1 Year 117.93%

    Welspun Corp Key Statistics

    P/E Ratio 17.4
    PEG Ratio 0.1
    Market Cap Cr 14,103
    Price to Book Ratio 2.9
    EPS 17.2
    Dividend 0.9
    Relative Strength Index 60.81
    Money Flow Index 52.01
    MACD Signal 25.61
    Average True Range 19.82

    Welspun Corp Investment Rating

    • Master Rating:

    • Welspun (Nse) has an operating revenue of Rs. 14,601.19 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 15% and 68% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 86 which is a GOOD score indicating consistency in earnings, a RS Rating of 91 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 63 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Welspun Corp Financials
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 1,7781,6362,5331,4651,5341,3601,832
    Operating Expenses Qtr Cr 1,7081,4742,1441,3221,4611,3141,750
    Operating Profit Qtr Cr 70163389143737182
    Depreciation Qtr Cr 40232828262729
    Interest Qtr Cr 52355339312621
    Tax Qtr Cr 42398726501651
    Net Profit Qtr Cr 1781182445814681315
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 7,2065,770
    Operating Expenses Annual Cr 6,2414,983
    Operating Profit Annual in Cr 675304
    Depreciation Cr 109115
    Interest Annual Cr 14977
    Tax Annual Cr 178109
    Net Profit Annual Cr 529486
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr -323193
    Cash from Investing Activity Annual Cr 454-163
    Cash from Financing Annual Activity Cr -26235
    Net Cash Flow Annual Cr 104265
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 3,4723,406
    Fixed Assets Annual Cr 9571,012
    Total Non Current Assets Annual Cr 2,9992,566
    Total Current Assets Annual Cr 3,9183,867
    Total Assets Annual Cr 6,9166,433
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 133117
    ROE Annual % 1516
    ROCE Annual % 2217
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 1415
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 4,0594,0694,0702,4021,9641,2882,011
    Operating Expenses Qtr Cr 3,6603,7003,6502,2362,0951,2931,940
    Operating Profit Qtr Cr 400369421166-1312971
    Depreciation Qtr Cr 86869180706163
    Interest Qtr Cr 75929570473130
    Tax Qtr Cr 79608530514130
    Net Profit Qtr Cr 38516523623-574236
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 10,0787,056
    Operating Expenses Annual Cr 9,2746,033
    Operating Profit Annual in Cr 485472
    Depreciation Cr 303255
    Interest Annual Cr 243102
    Tax Annual Cr 134216
    Net Profit Annual Cr 207439
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr -185219
    Cash from Investing Activity Annual Cr -417-209
    Cash from Financing Annual Activity Cr 909453
    Net Cash Flow Annual Cr 307462
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 4,7304,831
    Fixed Assets Annual Cr 4,6543,351
    Total Non Current Assets Annual Cr 5,6894,853
    Total Current Assets Annual Cr 9,6504,316
    Total Assets Annual Cr 15,3399,169
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 184174
    ROE Annual % 410
    ROCE Annual % 712
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 816
    Invest in Welspun Corp

    Welspun Corp Technicals

    EMA & SMA

    Current Price
    ₹538.95
    5.85 (1.1%)
    pointer
    • Bullish Moving Average
    • ___
    • 14
    • Bearish Moving Average
    • ___
    • 2
    • 20 Day
    • ₹522.30
    • 50 Day
    • ₹474.73
    • 100 Day
    • ₹418.20
    • 200 Day
    • ₹353.83
    • 20 Day
    • ₹532.81
    • 50 Day
    • ₹465.70
    • 100 Day
    • ₹402.42
    • 200 Day
    • ₹317.65

    Welspun Corp Resistance and Support

    PIVOT
    ₹539.52
    Resistance
    First Resistance 546.93
    Second Resistance 554.92
    Third Resistance 562.33
    RSI 60.81
    MFI 52.01
    MACD Single Line 25.61
    MACD 22.41
    Support
    First Resistance 531.53
    Second Resistance 524.12
    Third Resistance 516.13

    Welspun Corp Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 1,457,376 77,619,846 53.26
    Week 1,270,166 66,544,018 52.39
    1 Month 2,255,156 79,697,200 35.34
    6 Month 1,646,415 70,894,641 43.06

    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 14,073
    Sales 7,413
    Shares in Float 13.08
    No of funds 139
    Yield 0.89
    Book Value 4.05
    U/D Vol ratio 2.2
    LTDebt / Equity 7
    Alpha 0.27
    Beta 1.8

    Welspun Corp

    Owner NameSep-23Jun-23Mar-23Dec-22
    Promoters 49.96%49.99%49.99%49.9%
    Mutual Funds 3.99%3.32%3.09%3.04%
    Insurance Companies 6.61%7.6%8.34%8%
    Foreign Portfolio Investors 9.42%7.78%7.27%7.96%
    Individual Investors 15.75%17.38%17.6%17.1%
    Others 14.27%13.93%13.71%14%

    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
    Mr. Manish Chokhani Ind. Non-Executive Director

    Welspun Corp Forecast

    Price Estimates

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

    Other Analyst Rating

    Welspun Corp Corporate Action

    Date Purpose Remarks
    2023-11-08 Quarterly Results
    2023-08-04 Quarterly Results
    2023-05-30 Audited Results & Final Dividend
    2023-02-02 Quarterly Results
    2022-11-03 Quarterly Results
    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 MF Shareholding

    Name Amount(cr)
    DSP Small Cap Fund Regular Plan Growth 11,837
    Aditya Birla Sun Life Pure Value Fund Growth 4,717
    ITI Small Cap Fund Regular Growth 1,647
    Nippon India Nifty Smallcap 250 Index Fund Reg Gr 719
    Motilal Oswal Nifty 500 Fund Regular Growth 548

    Welspun Corp FAQs

    What is Share Price of Welspun Corp ?

    Welspun Corp share price is ₹538 As on 09 December, 2023 | 00:20

    What is the Market Cap of Welspun Corp ?

    The Market Cap of Welspun Corp is ₹14102.5 Cr As on 09 December, 2023 | 00:20

    What is the P/E ratio of Welspun Corp ?

    The P/E ratio of Welspun Corp is 17.4 As on 09 December, 2023 | 00:20

    What is the PB ratio of Welspun Corp ?

    The PB ratio of Welspun Corp is 2.9 As on 09 December, 2023 | 00:20

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

    *Brokerage will be levied flat fee/executed order basis and not on a percentage basis. Flat fee of Rs. 10/order is available with Power Investor & Ultra Trader Packs. Investment in securities market are subject to market risk, read all related documents carefully before investing. Digital account would be opened after all procedure relating to IPV and client due diligence is completed. If sale/ purchase value of share of Rs.10/- or less, a maximum brokerage of 25 paisa per share may be collected. Brokerage will not exceed the SEBI prescribed limit.

    Compliance Officer: Ms. Namita Godbole, Email: support@5paisa.com, Support desk helpline: 8976689766

    Contact Us

    Attention Investors

    • 1. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
    • 2. Message from Exchange(s): Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors.
    • 3. Message from Depositories: a) Prevent Unauthorized Transactions in your demat account --> Update your mobile number with your Depository Participant. Receive alerts on your registered mobile for all debit and other important transactions in your demat account directly from CDSL on the same day issued in the interest of investors. b) KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
    ©2023, 5Paisa Capital Ltd. All Rights Reserved.
    We are ISO 27001:2013 Certified.