Welspun Enterprises
Welspun Enterprises Performance
Day Range
- Low 336.00
- High 347.95
52 Week Range
- Low 117.30
- High 347.95
- Open Price336.50
- Previous Close335.90
- Volume478079
Start SIP in Welspun Enterprises
Start SIPWelspun Enterprises Investment Rating
-
Master Rating:
-
Welspun Enterprises has an operating revenue of Rs. 2,881.94 Cr. on a trailing 12-month basis. An annual revenue growth of 84% is outstanding, Pre-tax margin of 27% is great, ROE of 30% is exceptional. The company has a reasonable debt to equity of 12%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 15% and 55% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 7% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 80 which is a GOOD 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 47 indicates it belongs to a fair industry group of Bldg-Heavy Construction 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 | 542 | 681 | 824 | 668 | 510 | 674 | 467 |
Operating Expenses Qtr Cr | 483 | 578 | 733 | 603 | 463 | 641 | 393 |
Operating Profit Qtr Cr | 60 | 103 | 91 | 66 | 46 | 33 | 74 |
Depreciation Qtr Cr | 3 | 2 | 2 | 2 | 2 | 2 | 3 |
Interest Qtr Cr | 9 | 9 | 23 | 20 | 17 | 16 | 14 |
Tax Qtr Cr | 23 | 30 | 25 | 12 | 3 | 7 | 15 |
Net Profit Qtr Cr | 54 | 90 | 138 | 511 | 40 | 25 | 53 |
Welspun Enterprises Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹324.30
- 50 Day
- ₹304.13
- 100 Day
- ₹278.72
- 200 Day
- ₹239.05
- 20 Day
- ₹328.65
- 50 Day
- ₹297.20
- 100 Day
- ₹284.34
- 200 Day
- ₹219.73
Welspun Enterprises Resistance and Support
Resistance | |
---|---|
First Resistance | 348.10 |
Second Resistance | 354.00 |
Third Resistance | 360.05 |
RSI | 67.21 |
MFI | 72.16 |
MACD Single Line | 12.77 |
MACD | 12.29 |
Support | |
---|---|
First Resistance | 336.15 |
Second Resistance | 330.10 |
Third Resistance | 324.20 |
Welspun Enterprises Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 525,475 | 21,865,015 | 41.61 |
Week | 394,074 | 18,068,302 | 45.85 |
1 Month | 502,386 | 27,018,322 | 53.78 |
6 Month | 658,586 | 29,919,554 | 45.43 |
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 | 4,735 |
Sales | 2,715 |
Shares in Float | 6.23 |
No of funds | 91 |
Yield | 0.29 |
Book Value | 2.08 |
U/D Vol ratio | 1.7 |
LTDebt / Equity | 19 |
Alpha | 0.24 |
Beta | 1.51 |
Welspun Enterprises
Owner Name | Sep-23 | Jun-23 | Apr-23 | Mar-23 |
---|---|---|---|---|
Promoters | 54.51% | 54.53% | 54.59% | 53.76% |
Mutual Funds | 0.04% | |||
Insurance Companies | 1.63% | 1.96% | 1.96% | 1.95% |
Foreign Portfolio Investors | 4.47% | 3.73% | 3.19% | 3.04% |
Financial Institutions/ Banks | ||||
Individual Investors | 24.33% | 25.55% | 26.91% | 27.73% |
Others | 15.02% | 14.23% | 13.35% | 13.52% |
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
Welspun Enterprises Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-09 | Quarterly Results | |
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 |
Date | Purpose | Remarks |
---|---|---|
2023-01-11 | SPECIAL | Rs.7.50 per share(75%)Special Dividend (Interim) |
Welspun Enterprises FAQs
What is Share Price of Welspun Enterprises ?
Welspun Enterprises share price is ₹342 As on 10 December, 2023 | 12:41
What is the Market Cap of Welspun Enterprises ?
The Market Cap of Welspun Enterprises is ₹4735.5 Cr As on 10 December, 2023 | 12:41
What is the P/E ratio of Welspun Enterprises ?
The P/E ratio of Welspun Enterprises is 6.8 As on 10 December, 2023 | 12:41
What is the PB ratio of Welspun Enterprises ?
The PB ratio of Welspun Enterprises is 2 As on 10 December, 2023 | 12:41