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WELSPUN CORP

Mid Cap BSE: 532144 NSE: WELCORP
₹247.7
-6.2 (-2.44%)
As on 07 December, 2022 | 05:07
Announcements Dividends

Welspun Corp Performance

Day Range

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52 Week Range

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  • Open Price
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Welspun Corp Share Price

Share Returns Investment Rating Financials
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Technicals Resistance and Support Delivery and Volume Result Highlights Synopsis Corporate Action MF Shareholding Similar Stocks News FAQs

Welspun Corp Share Returns

  • Over 1 Month 8.93%
  • Over 3 Month -2.02%
  • Over 6 Month 6.2%
  • Over 1 Year 49.53%

Welspun Corp Key Statistics

P/E Ratio 26.2
PEG Ratio -0.4
Market Cap Cr 6,478
Price to Book Ratio 1.4
EPS 18.6
Dividend 2
Relative Strength Index 56.69
Money Flow Index 81.5
MACD Signal 1.93
Average True Range 9.05

Welspun Corp Investment Rating

  • Master Rating:

  • Welspun (Nse) has an operating revenue of Rs. 6,595.58 Cr. on a trailing 12-month basis. An annual revenue de-growth of -6% needs improvement, Pre-tax margin of 10% is healthy, ROE of 9% is fair but needs improvement. The company has a reasonable debt to equity of 23%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 19% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 14% 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 71 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 61 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. 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
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 1,5341,3601,8321,2129287191,238
Operating Expenses Qtr Cr 1,4611,3141,7501,1068736411,111
Operating Profit Qtr Cr 7371821065578127
Depreciation Qtr Cr 26272926252626
Interest Qtr Cr 3126212016149
Tax Qtr Cr 50165130181810
Net Profit Qtr Cr 14681315895055174

Welspun Corp Technicals

EMA & SMA

Current Price
247.7
-6.2 (-2.44%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 240.85
  • 50 Day
  • 238.69
  • 100 Day
  • 233.1
  • 200 Day
  • 216.79
  • 20 Day
  • 238.28
  • 50 Day
  • 241.47
  • 100 Day
  • 235.85
  • 200 Day
  • 213.04

Welspun Corp Resistance and Support

PIVOT
₹251.45
Resistance
First Resistance 258.3
Second Resistance 262.7
Third Resistance 269.55
RSI 56.69
MFI 81.5
MACD Single Line 1.93
MACD 4.03
Support
First Resistance 247.05
Second Resistance 240.2
Third Resistance 235.8

Welspun Corp Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 481,517 23,815,831 49.46
Week 861,462 38,007,703 44.12
1 Month 934,909 39,771,029 42.54
6 Month 1,565,409 56,104,265 35.84

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. 5287.87 Cr. and Equity Capital is Rs. 130.48 Cr. for the Year ended 31/03/2022. 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 6,478
Sales 5,963
Shares in Float 13.08
No of funds 135
Yield 2.02
Book Value 2.12
U/D Vol ratio 0.7
LTDebt / Equity 14
Alpha 0.17
Beta 1.75

Welspun Corp

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 49.9%50.01%50.01%
Mutual Funds 4.48%4.63%4.29%
Insurance Companies 6.71%5.94%4.97%
Foreign Portfolio Investors 9.03%8.95%7.34%
Financial Institutions/ Banks
Individual Investors 16.55%16.89%19.7%
Others 13.33%13.58%13.69%

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
2022-11-03 Quarterly Results
2022-08-04 Quarterly Results
2022-05-27 Audited Results & Dividend
2022-02-10 Quarterly Results
2021-10-28 Quarterly Results
Date Purpose Remarks
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 9082
Aditya Birla Sun Life Pure Value Fund Growth 4057
Quant Active Fund Growth 3221
Quant Small Cap Fund Growth 2355
Quant Infrastructure Fund Growth 778

Welspun Corp FAQs

What is Share Price of Welspun Corp ?

Welspun Corp share price is ₹247 As on 07 December, 2022 | 04:53

What is the Market Cap of Welspun Corp ?

The Market Cap of Welspun Corp is ₹6478.1 Cr As on 07 December, 2022 | 04:53

What is the P/E ratio of Welspun Corp ?

The P/E ratio of Welspun Corp is 26.2 As on 07 December, 2022 | 04:53

What is the PB ratio of Welspun Corp ?

The PB ratio of Welspun Corp is 1.4 As on 07 December, 2022 | 04:53

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