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    3. Welcorp Share Price

    Welspun Corp Share PriceWelspun Corp

    Mid Cap 12k Result
    ₹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

    Start SIP in Welspun Corp

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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
    Invest in Welspun Corp

    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

    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

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