Welspun Enterprises Share PriceWelspun Enterprises

₹281.15
-1 (-0.35%)
As on 22 September, 2023 | 13:10 BSE: 532553 NSE: WELENTISIN: INE625G01013

Welspun Enterprises Performance

Day Range

  • Low 278.85
  • High 287.45
281.15

52 Week Range

  • Low 117.3
  • High 318.7
281.15
  • Open Price282
  • Previous Close282.15
  • Volume131410

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Welspun Enterprises Share Price

  • Over 1 Month -8.97%
  • Over 3 Month 34.39%
  • Over 6 Month 124.74%
  • Over 1 Year 108.41%

Welspun Enterprises Key Statistics

P/E Ratio 5.1
PEG Ratio 0
Market Cap Cr 3,891
Price to Book Ratio 2.2
EPS 15.3
Dividend 3
Relative Strength Index 52.11
Money Flow Index 57.58
MACD Signal 4.31
Average True Range 13.81

Welspun Enterprises Investment Rating

  • Master Rating:
  • Welspun Enterprises has an operating revenue of Rs. 2,766.70 Cr. on a trailing 12-month basis. An annual revenue growth of 84% is outstanding, Pre-tax margin of 27% is great, ROE of 40% is exceptional. The company has a high debt to equity of 134%, which can be a reason to worry. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 54% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 98 which is a GREAT score indicating consistency in earnings, a RS Rating of 89 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 51 indicates it belongs to a fair industry group of Bldg-Heavy Construction and a Master Score of A is 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 Enterprises Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 681824668510674467
Operating Expenses Qtr Cr 578733603463641393
Operating Profit Qtr Cr 1039166463374
Depreciation Qtr Cr 222223
Interest Qtr Cr 92320171614
Tax Qtr Cr 3025123715
Net Profit Qtr Cr 90138511402553
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,7751,345
Operating Expenses Annual Cr 2,4401,163
Operating Profit Annual in Cr 237144
Depreciation Cr 1012
Interest Annual Cr 7653
Tax Annual Cr 4723
Net Profit Annual Cr 71393
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 222
Cash from Investing Activity Annual Cr -266
Cash from Financing Annual Activity Cr -173
Net Cash Flow Annual Cr -217
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,4651,894
Fixed Assets Annual Cr 1133
Total Non Current Assets Annual Cr 8601,824
Total Current Assets Annual Cr 3,5131,669
Total Assets Annual Cr 4,3733,492
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 164126
ROE Annual % 295
ROCE Annual % 127
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1314
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 699845692530763485
Operating Expenses Qtr Cr 593750624482673409
Operating Profit Qtr Cr 1059569499075
Depreciation Qtr Cr 3433334
Interest Qtr Cr 273731275736
Tax Qtr Cr 33291451220
Net Profit Qtr Cr 921414011324865
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,9021,575
Operating Expenses Annual Cr 2,5111,252
Operating Profit Annual in Cr 248149
Depreciation Cr 1316
Interest Annual Cr 119140
Tax Annual Cr 5741
Net Profit Annual Cr 723125
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 287
Cash from Investing Activity Annual Cr -487
Cash from Financing Annual Activity Cr 125
Net Cash Flow Annual Cr -75
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,7911,791
Fixed Assets Annual Cr 1,9241,935
Total Non Current Assets Annual Cr 4,2534,253
Total Current Assets Annual Cr 1,6421,642
Total Assets Annual Cr 5,8955,895
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 120120
ROE Annual % 407
ROCE Annual % 97
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1423

Welspun Enterprises Technicals

EMA & SMA

Current Price
₹281.15
-1 (-0.35%)
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • ₹280.66
  • 50 Day
  • ₹263.69
  • 100 Day
  • ₹233.12
  • 200 Day
  • ₹196.81
  • 20 Day
  • ₹280.29
  • 50 Day
  • ₹268.83
  • 100 Day
  • ₹220.79
  • 200 Day
  • ₹182.15

Welspun Enterprises Resistance and Support

PIVOT
₹285.24
Resistance
First Resistance ₹289.37
Second Resistance ₹296.59
Third Resistance ₹300.72
RSI 52.11
MFI 57.58
MACD Single Line 4.31
MACD 3.89
Support
First Resistance ₹278.02
Second Resistance ₹273.89
Third Resistance ₹266.67

Welspun Enterprises Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 188,969 10,967,761 58.04
Week 392,297 23,934,009 61.01
1 Month 368,512 20,478,214 55.57
6 Month 688,736 32,501,472 47.19

Welspun Enterprises Result Highlights

Welspun Enterprises Synopsis

NSE-Bldg-Heavy Construction

Welspun Enterprises is involved in the business activities of Construction and maintenance of motorways, streets, roads, other vehicular and pedestrian ways, highways, bridges, tunnels and subways. Company’s Total Operating Revenue is Rs. 2676.38 Cr. and Equity Capital is Rs. 149.98 Cr. for the Year ended 31/03/2023. Welspun Enterprises Ltd. is a Public Limited Listed company incorporated on 20/12/1994 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L45201GJ1994PLC023920 and registration number is 023920.
Market Cap 3,904
Sales 2,683
Shares in Float 6.23
No of funds 82
Yield 0.35
Book Value 1.72
U/D Vol ratio 1.9
LTDebt / Equity 19
Alpha 0.25
Beta 1.4

Welspun Enterprises

Owner NameJun-23Apr-23Mar-23Dec-22
Promoters 54.53%54.59%53.76%53.76%
Insurance Companies 1.96%1.96%1.95%1.95%
Foreign Portfolio Investors 3.73%3.19%3.04%2.51%
Financial Institutions/ Banks
Individual Investors 25.55%26.91%27.73%28.49%
Others 14.23%13.35%13.52%13.29%

Welspun Enterprises Management

Name Designation
Mr. Balkrishan Goenka Chairman & Executive Director
Mr. Sandeep Garg Managing Director
Mr. Mohan Tandon Independent Director
Dr. Aruna Sharma Independent Director
Mr. Raghav Chandra Independent Director
Dr. Anoop Kumar Mittal Independent Director
Mr. Rajesh Mandawewala Non Exe.Non Ind.Director
Ms. Dipali Goenka Non Exe.Non Ind.Director

Welspun Enterprises Forecast

Price Estimates

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

Other Analyst Rating

Welspun Enterprises Corporate Action

Date Purpose Remarks
2023-08-01 Quarterly Results
2023-05-19 Audited Results & Final Dividend
2023-01-31 Quarterly Results
2022-12-30 Interim Dividend & Buy Back of Shares
2022-11-14 Quarterly Results
Date Purpose Remarks
2023-01-11 SPECIAL Rs.7.50 per share(75%)Special Dividend (Interim)

Welspun Enterprises MF Shareholding

Name Amount(cr)
Motilal Oswal Nifty Microcap 250 Index Fund Regular Growth 324
Taurus Flexi Cap Fund - Growth 278
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Welspun Enterprises FAQs

What is Share Price of Welspun Enterprises ?

Welspun Enterprises share price is ₹281 As on 22 September, 2023 | 12:56

What is the Market Cap of Welspun Enterprises ?

The Market Cap of Welspun Enterprises is ₹3890.6 Cr As on 22 September, 2023 | 12:56

What is the P/E ratio of Welspun Enterprises ?

The P/E ratio of Welspun Enterprises is 5.1 As on 22 September, 2023 | 12:56

What is the PB ratio of Welspun Enterprises ?

The PB ratio of Welspun Enterprises is 2.2 As on 22 September, 2023 | 12:56

Q2FY23