WELCORP

Welspun Corp Share PriceWelspun Corp

₹530.1
10.75 (2.07%)
As on 29 November, 2023 | 20:24 BSE: 532144 NSE: WELCORPISIN: INE191B01025

Welspun Corp Performance

Day Range

  • Low 516.00
  • High 534.95
₹ 530.1

52 Week Range

  • Low 177.65
  • High 562.95
₹ 530.1
  • Open Price522.00
  • Previous Close519.35
  • Volume584338

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Welspun Corp Share Price

  • Over 1 Month 29.8%
  • Over 3 Month 66.59%
  • Over 6 Month 115.14%
  • Over 1 Year 115.97%

Welspun Corp Key Statistics

P/E Ratio 17.1
PEG Ratio 0.1
Market Cap Cr 13,871
Price to Book Ratio 2.9
EPS 17.2
Dividend 0.9
Relative Strength Index 65.09
Money Flow Index 79.93
MACD Signal 30.16
Average True Range 20.81

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 17% and 70% 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 92 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 56 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

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

Welspun Corp Technicals

EMA & SMA

Current Price
₹530.1
10.75 (2.07%)
pointer
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹503.26
  • 50 Day
  • ₹453.40
  • 100 Day
  • ₹399.80
  • 200 Day
  • ₹340.29
  • 20 Day
  • ₹501.65
  • 50 Day
  • ₹445.29
  • 100 Day
  • ₹385.52
  • 200 Day
  • ₹305.77

Welspun Corp Resistance and Support

PIVOT
₹527.02
Resistance
First Resistance 538.03
Second Resistance 545.97
Third Resistance 556.98
RSI 65.09
MFI 79.93
MACD Single Line 30.16
MACD 27.91
Support
First Resistance 519.08
Second Resistance 508.07
Third Resistance 500.13

Welspun Corp Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 606,427 33,905,334 55.91
Week 874,271 47,971,263 54.87
1 Month 2,264,804 77,524,256 34.23
6 Month 1,730,331 74,940,627 43.31

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 13,825
Sales 7,413
Shares in Float 13.08
No of funds 139
Yield 0.96
Book Value 3.91
U/D Vol ratio 2.2
LTDebt / Equity 7
Alpha 0.27
Beta 1.84

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 ₹530 As on 29 November, 2023 | 20:10

What is the Market Cap of Welspun Corp ?

The Market Cap of Welspun Corp is ₹13871 Cr As on 29 November, 2023 | 20:10

What is the P/E ratio of Welspun Corp ?

The P/E ratio of Welspun Corp is 17.1 As on 29 November, 2023 | 20:10

What is the PB ratio of Welspun Corp ?

The PB ratio of Welspun Corp is 2.9 As on 29 November, 2023 | 20:10

Q2FY23