WELENT

Welspun Enterprises Share PriceWelspun Enterprises

₹342.2
6.3 (1.88%)
As on 10 December, 2023 | 12:55 BSE: 532553 NSE: WELENTISIN: INE625G01013

Welspun Enterprises Performance

Day Range

  • Low 336.00
  • High 347.95
₹ 342.2

52 Week Range

  • Low 117.30
  • High 347.95
₹ 342.2
  • Open Price336.50
  • Previous Close335.90
  • Volume478079

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Welspun Enterprises Share Price

  • Over 1 Month 19.5%
  • Over 3 Month 20.62%
  • Over 6 Month 104.67%
  • Over 1 Year 102.43%

Welspun Enterprises Key Statistics

P/E Ratio 6.8
PEG Ratio 0
Market Cap Cr 4,736
Price to Book Ratio 2
EPS 16.6
Dividend 2.5
Relative Strength Index 67.21
Money Flow Index 72.16
MACD Signal 12.77
Average True Range 13.05

Welspun 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

Welspun Enterprises Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 542681824668510674467
Operating Expenses Qtr Cr 483578733603463641393
Operating Profit Qtr Cr 601039166463374
Depreciation Qtr Cr 3222223
Interest Qtr Cr 992320171614
Tax Qtr Cr 233025123715
Net Profit Qtr Cr 5490138511402553
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 25222
Cash from Investing Activity Annual Cr 1,673-266
Cash from Financing Annual Activity Cr -243-173
Net Cash Flow Annual Cr 1,455-217
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,4651,894
Fixed Assets Annual Cr 2033
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
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 646699845692530763485
Operating Expenses Qtr Cr 563593750624482673409
Operating Profit Qtr Cr 831059569499075
Depreciation Qtr Cr 63433334
Interest Qtr Cr 27273731275736
Tax Qtr Cr 2533291451220
Net Profit Qtr Cr 62921414011324865
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 345287
Cash from Investing Activity Annual Cr 1,289-487
Cash from Financing Annual Activity Cr -204125
Net Cash Flow Annual Cr 1,430-75
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2,3561,791
Fixed Assets Annual Cr 761,935
Total Non Current Assets Annual Cr 1,2334,253
Total Current Assets Annual Cr 3,8731,642
Total Assets Annual Cr 5,1065,895
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 157120
ROE Annual % 317
ROCE Annual % 127
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1423

Welspun Enterprises Technicals

EMA & SMA

Current Price
₹342.2
6.3 (1.88%)
pointer
  • 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

PIVOT
₹342.05
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 NameSep-23Jun-23Apr-23Mar-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

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

Other Analyst Rating

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 MF Shareholding

Name Amount(cr)
Motilal Oswal Nifty Microcap 250 Index Fund Regular Growth 461
Groww Nifty Total Market Index Fund Regular Growth 32

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

Q2FY23