WELCORP

Welspun Corp Share PriceWelspun Corp

₹260.05
7.4 (2.93%)
As on 02 June, 2023 | 00:13 BSE: 532144 NSE: WELCORP

Welspun Corp Performance

Day Range

  • Low
  • High
260.05

52 Week Range

  • Low
  • High
260.05
  • Open Price
  • Previous Close
  • Volume

Start SIP in Welspun Corp

Start SIP

Welspun Corp Share Price

  • Over 1 Month 15.5%
  • Over 3 Month 34.74%
  • Over 6 Month 6.21%
  • Over 1 Year 12.99%

Welspun Corp Key Statistics

P/E Ratio 32.9
PEG Ratio -0.6
Market Cap Cr 6,801
Price to Book Ratio 1.4
EPS 20.2
Dividend 1.9
Relative Strength Index 74.38
Money Flow Index 83.37
MACD Signal 6.78
Average True Range 7.43

Welspun 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

Welspun Corp Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,5331,4651,5341,3601,832
Operating Expenses Qtr Cr 2,1441,3221,4611,3141,750
Operating Profit Qtr Cr 389143737182
Depreciation Qtr Cr 2828262729
Interest Qtr Cr 5339312621
Tax Qtr Cr 8726501651
Net Profit Qtr Cr 2445814681315

Welspun Corp Technicals

EMA & SMA

Current Price
₹260.05
7.4 (2.93%)
  • 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

PIVOT
₹252.69
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 NameMar-23Dec-22Sep-22Jun-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

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

Other Analyst Rating

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 MF Shareholding

Name Amount(cr)
DSP Small Cap Fund Regular Plan Growth 9409
Aditya Birla Sun Life Pure Value Fund Growth 4038
Nippon India Nifty Smallcap 250 Index Fund Reg Gr 428
Motilal Oswal Nifty 500 Fund Regular Growth 418
Motilal Oswal Nifty Smallcap 250 Index Fund Regular Growth 341

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

Q2FY23

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number