WELENT

Welspun Enterprises Share PriceWelspun Enterprises

₹125.6
1 (0.8%)
As on 31 March, 2023 | 17:41 BSE: 532553 NSE: WELENT

Welspun Enterprises Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Welspun Enterprises Share Price

  • Over 1 Month 2.4%
  • Over 3 Month -24.16%
  • Over 6 Month 0.6%
  • Over 1 Year 68%

Welspun Enterprises Key Statistics

P/E Ratio 2.9
PEG Ratio 0
Market Cap Cr 1,884
Price to Book Ratio 1.1
EPS 6.2
Dividend 7.2
Relative Strength Index 41.12
Money Flow Index 23.11
MACD Signal -3.43
Average True Range 4.72

Welspun Enterprises Investment Rating

  • Master Rating:
  • Welspun Enterprises has an operating revenue of Rs. 2,470.75 Cr. on a trailing 12-month basis. An annual revenue de-growth of -6% needs improvement, Pre-tax margin of 12% is healthy, ROE of 6% is fair but needs improvement. The company has a high debt to equity of 129%, which can be a reason to worry. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 99 which is a GREAT score indicating consistency in earnings, a RS Rating of 71 which is FAIR indicating the recent price performance, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 22 indicates it belongs to a strong industry group of Bldg-Heavy Construction and a Master Score of B is close to being the best. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Welspun Enterprises Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 668510674467
Operating Expenses Qtr Cr 603463641393
Operating Profit Qtr Cr 66463374
Depreciation Qtr Cr 2223
Interest Qtr Cr 20171614
Tax Qtr Cr 123715
Net Profit Qtr Cr 511402553

Welspun Enterprises Technicals

EMA & SMA

Current Price
₹125.6
1 (0.8%)
  • Bullish Moving Average
  • ___
  • 4
  • Bearish Moving Average
  • ___
  • 12
  • 20 Day
  • 127.28
  • 50 Day
  • 133.73
  • 100 Day
  • 135.89
  • 200 Day
  • 129.25
  • 20 Day
  • 126.77
  • 50 Day
  • 135.13
  • 100 Day
  • 144.43
  • 200 Day
  • 128.88

Welspun Enterprises Resistance and Support

PIVOT
₹124.35
Resistance
First Resistance 126.3
Second Resistance 128
Third Resistance 129.95
RSI 41.12
MFI 23.11
MACD Single Line -3.43
MACD -3.1
Support
First Resistance 122.65
Second Resistance 120.7
Third Resistance 119

Welspun Enterprises Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 189,099 12,769,855 67.53
Week 161,664 8,909,314 55.11
1 Month 240,066 13,508,519 56.27
6 Month 451,014 23,461,763 52.02

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. 1306.94 Cr. and Equity Capital is Rs. 149.78 Cr. for the Year ended 31/03/2022. 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 1,884
Sales 2,320
Shares in Float 6.90
No of funds 54
Yield 1.2
Book Value 0.99
U/D Vol ratio 1.1
LTDebt / Equity 19
Alpha 0.28
Beta 1.61

Welspun Enterprises

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 53.76%53.76%53.52%
Mutual Funds 0.26%
Insurance Companies 1.95%1.95%2.01%
Foreign Portfolio Investors 2.51%2.25%2.21%
Financial Institutions/ Banks
Individual Investors 28.49%28.95%29.74%
Others 13.29%13.09%12.26%

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 MF Shareholding

Name Amount(cr)
Nippon India Equity Hybrid Fund - Growth 2765

Welspun Enterprises FAQs

What is Share Price of Welspun Enterprises ?

Welspun Enterprises share price is ₹125 As on 31 March, 2023 | 17:27

What is the Market Cap of Welspun Enterprises ?

The Market Cap of Welspun Enterprises is ₹1883.8 Cr As on 31 March, 2023 | 17:27

What is the P/E ratio of Welspun Enterprises ?

The P/E ratio of Welspun Enterprises is 2.9 As on 31 March, 2023 | 17:27

What is the PB ratio of Welspun Enterprises ?

The PB ratio of Welspun Enterprises is 1.1 As on 31 March, 2023 | 17:27

Q2FY23

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