Welspun Corp
- Advice
- Hold
Welspun Corp Performance
Day Range
- Low 525.10
- High 541.60
52 Week Range
- Low 177.65
- High 569.40
- Open Price541.10
- Previous Close538.95
- Volume1011322
Start SIP in Welspun Corp
Start SIPWelspun 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 69% 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 90 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 58 indicates it belongs to a fair 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
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 1,778 | 1,636 | 2,533 | 1,465 | 1,534 | 1,360 | 1,832 |
Operating Expenses Qtr Cr | 1,708 | 1,474 | 2,144 | 1,322 | 1,461 | 1,314 | 1,750 |
Operating Profit Qtr Cr | 70 | 163 | 389 | 143 | 73 | 71 | 82 |
Depreciation Qtr Cr | 40 | 23 | 28 | 28 | 26 | 27 | 29 |
Interest Qtr Cr | 52 | 35 | 53 | 39 | 31 | 26 | 21 |
Tax Qtr Cr | 42 | 39 | 87 | 26 | 50 | 16 | 51 |
Net Profit Qtr Cr | 178 | 118 | 244 | 58 | 146 | 81 | 315 |
Welspun Corp Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 10
- Bearish Moving Average
- ___
- 6
- 20 Day
- ₹523.34
- 50 Day
- ₹477.03
- 100 Day
- ₹420.48
- 200 Day
- ₹355.62
- 20 Day
- ₹535.07
- 50 Day
- ₹468.40
- 100 Day
- ₹404.65
- 200 Day
- ₹319.34
Welspun Corp Resistance and Support
Resistance | |
---|---|
First Resistance | 541.50 |
Second Resistance | 549.80 |
Third Resistance | 558.00 |
RSI | 58.27 |
MFI | 52.64 |
MACD Single Line | 24.62 |
MACD | 20.64 |
Support | |
---|---|
First Resistance | 525.00 |
Second Resistance | 516.80 |
Third Resistance | 508.50 |
Welspun Corp Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 1,096,124 | 84,138,478 | 76.76 |
Week | 1,411,070 | 78,780,027 | 55.83 |
1 Month | 1,789,191 | 72,247,527 | 40.38 |
6 Month | 1,664,127 | 71,973,473 | 43.25 |
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 | 13,811 |
Sales | 7,413 |
Shares in Float | 13.08 |
No of funds | 139 |
Yield | 0.93 |
Book Value | 4.06 |
U/D Vol ratio | 2.2 |
LTDebt / Equity | 7 |
Alpha | 0.25 |
Beta | 1.78 |
Welspun Corp
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-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
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 FAQs
What is Share Price of Welspun Corp ?
Welspun Corp share price is ₹533 As on 11 December, 2023 | 18:12
What is the Market Cap of Welspun Corp ?
The Market Cap of Welspun Corp is ₹13952.1 Cr As on 11 December, 2023 | 18:12
What is the P/E ratio of Welspun Corp ?
The P/E ratio of Welspun Corp is 17.2 As on 11 December, 2023 | 18:12
What is the PB ratio of Welspun Corp ?
The PB ratio of Welspun Corp is 2.9 As on 11 December, 2023 | 18:12