WELCORP

Welspun Corp Share Price

₹685.3
+ 5.4 (0.79%)
18 September, 2024 02:47 BSE: 532144 NSE: WELCORP ISIN: INE191B01025

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Welspun Corp Performance

Day Range

  • Low 672
  • High 688
₹ 685

52 Week Range

  • Low 376
  • High 750
₹ 685
  • Open Price680
  • Previous Close680
  • Volume294213

Welspun Corp Chart

  • Over 1 Month -3.03%
  • Over 3 Month + 27.36%
  • Over 6 Month + 33.94%
  • Over 1 Year + 72.45%

Welspun Corp Key Statistics

P/E Ratio 15.1
PEG Ratio 0.1
Market Cap Cr
Price to Book Ratio 3.1
EPS 17.5
Dividend 0.7
Relative Strength Index 49.87
Money Flow Index 33.98
MACD Signal 7.59
Average True Range 20.3

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

Welspun Corp Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,0732,8772,3231,7781,6362,533
Operating Expenses Qtr Cr 1,8662,7422,2141,7081,4742,144
Operating Profit Qtr Cr 20713510970163389
Depreciation Qtr Cr 444343402328
Interest Qtr Cr 434443523553
Tax Qtr Cr 393810423987
Net Profit Qtr Cr 11418922178118244
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 9,5587,206
Operating Expenses Annual Cr 8,5936,241
Operating Profit Annual in Cr 489675
Depreciation Cr 165109
Interest Annual Cr 205149
Tax Annual Cr 119178
Net Profit Annual Cr 476529
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 638-323
Cash from Investing Activity Annual Cr 726454
Cash from Financing Annual Activity Cr -1,546-26
Net Cash Flow Annual Cr -183104
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 3,5643,472
Fixed Assets Annual Cr 2,291957
Total Non Current Assets Annual Cr 3,6102,999
Total Current Assets Annual Cr 4,1513,918
Total Assets Annual Cr 7,7626,916
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 136133
ROE Annual % 1315
ROCE Annual % 1622
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1114
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 3,1374,4614,7504,0594,0694,070
Operating Expenses Qtr Cr 2,7634,1314,2873,6603,7003,650
Operating Profit Qtr Cr 374330463400369421
Depreciation Qtr Cr 858790868691
Interest Qtr Cr 667563759295
Tax Qtr Cr 576079796085
Net Profit Qtr Cr 248268292385165236
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 17,58210,078
Operating Expenses Annual Cr 15,7789,274
Operating Profit Annual in Cr 1,561485
Depreciation Cr 348303
Interest Annual Cr 304243
Tax Annual Cr 277134
Net Profit Annual Cr 1,110207
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1,306-185
Cash from Investing Activity Annual Cr 367-417
Cash from Financing Annual Activity Cr -1,877909
Net Cash Flow Annual Cr -203307
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 5,6164,730
Fixed Assets Annual Cr 4,5434,654
Total Non Current Assets Annual Cr 5,7645,689
Total Current Assets Annual Cr 6,0879,650
Total Assets Annual Cr 11,85015,339
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 219184
ROE Annual % 204
ROCE Annual % 187
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 108

Welspun Corp Technicals

EMA & SMA

Current Price
₹685.3
+ 5.4 (0.79%)
pointer
  • 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

PIVOT
₹681.87
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 NameJun-24Mar-24Dec-23Sep-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

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

Other Analyst Rating

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

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