Welspun Corp Share Price
Start SIP in Welspun Corp
Start SIPWelspun Corp Performance
Day Range
- Low 672
- High 688
52 Week Range
- Low 376
- High 750
- Open Price680
- Previous Close680
- Volume294213
Welspun Corp Investment Rating
-
Master Rating:
-
Welspun (Nse) has an operating revenue of Rs. 16,407.56 Cr. on a trailing 12-month basis. An annual revenue growth of 74% is outstanding, Pre-tax margin of 7% is okay, ROE of 19% is exceptional. The company has a reasonable debt to equity of 29%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 18% 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 74 which is a FAIR score but needs to improve its earnings, a RS Rating of 66 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 133 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock definitely has some strength, you may want to examine it in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 2,073 | 2,877 | 2,323 | 1,778 | 1,636 | 2,533 |
Operating Expenses Qtr Cr | 1,866 | 2,742 | 2,214 | 1,708 | 1,474 | 2,144 |
Operating Profit Qtr Cr | 207 | 135 | 109 | 70 | 163 | 389 |
Depreciation Qtr Cr | 44 | 43 | 43 | 40 | 23 | 28 |
Interest Qtr Cr | 43 | 44 | 43 | 52 | 35 | 53 |
Tax Qtr Cr | 39 | 38 | 10 | 42 | 39 | 87 |
Net Profit Qtr Cr | 114 | 189 | 22 | 178 | 118 | 244 |
Welspun Corp Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 9
- Bearish Moving Average
- ___
- 7
- 20 Day
- ₹689.12
- 50 Day
- ₹667.23
- 100 Day
- ₹632.18
- 200 Day
- ₹574.85
- 20 Day
- ₹700.37
- 50 Day
- ₹673.52
- 100 Day
- ₹620.57
- 200 Day
- ₹585.26
Welspun Corp Resistance and Support
Resistance | |
---|---|
First Resistance | 691.43 |
Second Resistance | 697.57 |
Third Resistance | 707.13 |
RSI | 49.87 |
MFI | 33.98 |
MACD Single Line | 7.59 |
MACD | 2.94 |
Support | |
---|---|
First Support | 675.73 |
Second Support | 666.17 |
Third Supoort | 660.03 |
Welspun Corp Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 312,213 | 13,749,861 | 44.04 |
Week | 369,102 | 19,927,806 | 53.99 |
1 Month | 749,137 | 40,206,207 | 53.67 |
6 Month | 1,298,100 | 64,917,998 | 50.01 |
Welspun Corp Result Highlights
Welspun Corp Synopsis
NSE-Steel-Producers
Welspun Corp is involved in the business activities of Manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company’s Total Operating Revenue is Rs. 6916.67 Cr. and Equity Capital is Rs. 130.77 Cr. for the Year ended 31/03/2023. Welspun Corp Ltd. is a Public Limited Listed company incorporated on 26/04/1995 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L27100GJ1995PLC025609 and registration number is 025609.Market Cap | 17,979 |
Sales | 9,051 |
Shares in Float | 13.12 |
No of funds | 185 |
Yield | 0.73 |
Book Value | 5.03 |
U/D Vol ratio | 1.8 |
LTDebt / Equity | 32 |
Alpha | 0.07 |
Beta | 1.51 |
Welspun Corp Shareholding Pattern
Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
---|---|---|---|---|
Promoters | 50.03% | 50.14% | 49.96% | 49.96% |
Mutual Funds | 5.54% | 6.35% | 4.96% | 3.99% |
Insurance Companies | 4.08% | 4.09% | 5.03% | 6.61% |
Foreign Portfolio Investors | 10.51% | 10.7% | 10.56% | 9.42% |
Individual Investors | 15.67% | 14.91% | 14.94% | 15.75% |
Others | 14.17% | 13.81% | 14.55% | 14.27% |
Welspun Corp Management
Name | Designation |
---|---|
Mr. Balkrishan Goenka | Chairman & Non-Exe.Director |
Mr. Vipul Mathur | Managing Director & CEO |
Mr. Rajesh R Mandawewala | Non Exe.Non Ind.Director |
Ms. Dipali Goenka | Non Exe.Non Ind.Director |
Mr. Aneesh Misra | Non Exe.Non Ind.Director |
Mr. Arun Todarwal | Lead Independent Director |
Mrs. Revathy Ashok | Independent Director |
Ms. Amita Misra | Independent Director |
Mr. Manish Chokhani | Independent Director |
Mr. Anjani Agrawal | Independent Director |
Mr. Dipali Sheth | Independent Director |
Welspun Corp Forecast
Price Estimates
Welspun Corp Corporate Action
Date | Purpose | Remarks |
---|---|---|
2024-08-07 | Quarterly Results | |
2024-05-30 | Audited Results & Final Dividend | |
2024-02-06 | Quarterly Results | |
2023-11-08 | Quarterly Results | |
2023-08-04 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
2024-06-28 | FINAL | Rs.5.00 per share(100%)Final Dividend |
2023-06-16 | FINAL | Rs.5.00 per share(100%)Final Dividend |
2022-06-10 | FINAL | Rs.5.00 per share(100%)Dividend |
2021-08-10 | FINAL | Rs.5.00 per share(100%)Final Dividend |
Welspun Corp FAQs
What is Share Price of Welspun Corp ?
Welspun Corp share price is ₹685 As on 18 September, 2024 | 02:33
What is the Market Cap of Welspun Corp ?
The Market Cap of Welspun Corp is ₹17978.8 Cr As on 18 September, 2024 | 02:33
What is the P/E ratio of Welspun Corp ?
The P/E ratio of Welspun Corp is 15.1 As on 18 September, 2024 | 02:33
What is the PB ratio of Welspun Corp ?
The PB ratio of Welspun Corp is 3.1 As on 18 September, 2024 | 02:33