WELSPUNIND

Welspun India Share PriceWelspun India

₹161.85
5.6 (3.58%)
As on 05 December, 2023 | 23:21 BSE: 514162 NSE: WELSPUNINDISIN: INE192B01031

Welspun India Performance

Day Range

  • Low 157.00
  • High 165.40
₹ 161.85

52 Week Range

  • Low 62.00
  • High 169.95
₹ 161.85
  • Open Price157.00
  • Previous Close156.25
  • Volume9574284

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Welspun India Share Price

  • Over 1 Month 9.21%
  • Over 3 Month 30.68%
  • Over 6 Month 64.57%
  • Over 1 Year 103.71%

Welspun India Key Statistics

P/E Ratio 29.9
PEG Ratio 0.2
Market Cap Cr 15,729
Price to Book Ratio 3.7
EPS 1.5
Dividend 0.1
Relative Strength Index 61.75
Money Flow Index 51.15
MACD Signal 5.75
Average True Range 6.46

Welspun India Investment Rating

  • Master Rating:
  • Welspun India has an operating revenue of Rs. 8,716.18 Cr. on a trailing 12-month basis. An annual revenue de-growth of -12% needs improvement, Pre-tax margin of 4% needs improvement, ROE of 4% is fair but needs improvement. The company has a reasonable debt to equity of 24%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 10% and 48% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 20% 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 87 which is a GOOD score indicating consistency in earnings, a RS Rating of 84 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 88 indicates it belongs to a poor industry group of Apparel-Clothing Mfg 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 India Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,0091,7021,3661,3781,5301,3811,597
Operating Expenses Qtr Cr 1,7561,4491,2181,2601,4691,3101,448
Operating Profit Qtr Cr 2532541481186071149
Depreciation Qtr Cr 55566464626170
Interest Qtr Cr 16151716151312
Tax Qtr Cr 555335274851
Net Profit Qtr Cr 168155775281541
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 5,7966,790
Operating Expenses Annual Cr 5,2585,813
Operating Profit Annual in Cr 397891
Depreciation Cr 250276
Interest Annual Cr 6181
Tax Annual Cr 75227
Net Profit Annual Cr 152392
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 257560
Cash from Investing Activity Annual Cr 244-241
Cash from Financing Annual Activity Cr -539-421
Net Cash Flow Annual Cr -38-102
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3,5383,475
Fixed Assets Annual Cr 1,8722,024
Total Non Current Assets Annual Cr 3,4583,588
Total Current Assets Annual Cr 2,5112,603
Total Assets Annual Cr 5,9696,191
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3635
ROE Annual % 411
ROCE Annual % 717
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1015
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,5092,1842,1541,8692,1131,9572,227
Operating Expenses Qtr Cr 2,1511,8731,8751,6751,9851,8052,001
Operating Profit Qtr Cr 358311279194129152226
Depreciation Qtr Cr 9999114114110105111
Interest Qtr Cr 34263336283226
Tax Qtr Cr 5953443551558
Net Profit Qtr Cr 1971621254292252
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8,2159,377
Operating Expenses Annual Cr 7,3417,953
Operating Profit Annual in Cr 7531,359
Depreciation Cr 442420
Interest Annual Cr 130131
Tax Annual Cr 99266
Net Profit Annual Cr 199601
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 756587
Cash from Investing Activity Annual Cr 243-600
Cash from Financing Annual Activity Cr -1,086-55
Net Cash Flow Annual Cr -87-68
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 4,0883,972
Fixed Assets Annual Cr 3,7783,988
Total Non Current Assets Annual Cr 4,2324,587
Total Current Assets Annual Cr 4,4184,850
Total Assets Annual Cr 8,6509,437
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 4241
ROE Annual % 515
ROCE Annual % 717
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1115

Welspun India Technicals

EMA & SMA

Current Price
₹161.85
5.6 (3.58%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹156.13
  • 50 Day
  • ₹145.21
  • 100 Day
  • ₹131.38
  • 200 Day
  • ₹115.26
  • 20 Day
  • ₹157.87
  • 50 Day
  • ₹141.99
  • 100 Day
  • ₹128.32
  • 200 Day
  • ₹105.69

Welspun India Resistance and Support

PIVOT
₹161.42
Resistance
First Resistance 165.83
Second Resistance 169.82
Third Resistance 174.23
RSI 61.75
MFI 51.15
MACD Single Line 5.75
MACD 4.45
Support
First Resistance 157.43
Second Resistance 153.02
Third Resistance 149.03

Welspun India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 10,220,168 270,119,040 26.43
Week 4,281,953 140,448,052 32.8
1 Month 5,175,953 146,531,228 28.31
6 Month 5,024,277 150,125,382 29.88

Welspun India Result Highlights

Welspun India Synopsis

NSE-Apparel-Clothing Mfg

Welspun India is involved in the business activities of Manufacture of other textiles. Company’s Total Operating Revenue is Rs. 5654.62 Cr. and Equity Capital is Rs. 98.81 Cr. for the Year ended 31/03/2023. Welspun India Ltd. is a Public Limited Listed company incorporated on 17/01/1985 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L17110GJ1985PLC033271 and registration number is 033271.
Market Cap 15,729
Sales 6,455
Shares in Float 28.18
No of funds 154
Yield 0.06
Book Value 4.52
U/D Vol ratio 1.1
LTDebt / Equity 1
Alpha 0.25
Beta 1.5

Welspun India

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 70.5%70.5%70.36%70.36%
Mutual Funds 2.15%1.97%1.98%1.98%
Insurance Companies 3.71%3.74%3.74%3.74%
Foreign Portfolio Investors 6.33%6.34%5.8%6.14%
Financial Institutions/ Banks
Individual Investors 11.37%11.23%11.92%11.85%
Others 5.94%6.22%6.2%5.93%

Welspun India Management

Name Designation
Mr. Balkrishan Goenka Chairman
Mr. Rajesh Mandawewala Managing Director
Ms. Dipali Goenka Joint Managing Director & CEO
Ms. Anisha Motwani Independent Director
Mr. Pradeep Poddar Independent Director
Mr. Arvind Kumar Singhal Independent Director
Mr. Viswanathan Hariharan Kollengode Independent Director
Mr. Altaf Jiwani Director

Welspun India Forecast

Price Estimates

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

Other Analyst Rating

Welspun India Corporate Action

Date Purpose Remarks
2023-10-25 Quarterly Results
2023-07-31 Quarterly Results
2023-04-27 Audited Results, F. Dividend & Buy Back
2023-01-30 Quarterly Results
2022-11-08 Quarterly Results
Date Purpose Remarks
2021-05-26 FINAL Rs.0.15 per share(15%)Dividend

Welspun India MF Shareholding

Name Amount(cr)
HSBC Small Cap Fund Fund Regular Growth 11,552
Nippon India Flexi Cap Fund Regular Growth 4,845
Aditya Birla Sun Life Pure Value Fund Growth 4,717
Aditya Birla Sun Life Small Cap Fund Growth 4,580
Tata ELSS Tax Saver Fund Regular Payout of Inc Dist cum Cap Wdrl 3,478

Welspun India FAQs

What is Share Price of Welspun India ?

Welspun India share price is ₹161 As on 05 December, 2023 | 23:07

What is the Market Cap of Welspun India ?

The Market Cap of Welspun India is ₹15728.7 Cr As on 05 December, 2023 | 23:07

What is the P/E ratio of Welspun India ?

The P/E ratio of Welspun India is 29.9 As on 05 December, 2023 | 23:07

What is the PB ratio of Welspun India ?

The PB ratio of Welspun India is 3.7 As on 05 December, 2023 | 23:07

Q2FY23