WELENT

Welspun Enterprises Share Price

₹590.6
-0.5 (-0.08%)
18 September, 2024 02:41 BSE: 532553 NSE: WELENT ISIN: INE625G01013

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Welspun Enterprises Performance

Day Range

  • Low 579
  • High 596
₹ 590

52 Week Range

  • Low 241
  • High 619
₹ 590
  • Open Price590
  • Previous Close591
  • Volume163345

Welspun Enterprises Chart

  • Over 1 Month + 5.36%
  • Over 3 Month + 28.46%
  • Over 6 Month + 92.72%
  • Over 1 Year + 98.55%

Welspun Enterprises Key Statistics

P/E Ratio 27.1
PEG Ratio -0.4
Market Cap Cr
Price to Book Ratio 3.3
EPS 20.5
Dividend 0.5
Relative Strength Index 57.87
Money Flow Index 50.92
MACD Signal 10.24
Average True Range 22.12

Welspun Enterprises Investment Rating

  • Master Rating:
  • Welspun Enterprises has an operating revenue of Rs. 3,080.80 Cr. on a trailing 12-month basis. An annual revenue growth of 6% is not great, Pre-tax margin of 17% is great, ROE of 12% is good. 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 8% and 45% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 66 which is a FAIR score but needs to improve its earnings, a RS Rating of 81 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 114 indicates it belongs to a poor industry group of Bldg-Heavy Construction 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 is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Welspun Enterprises Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 747644584542681824
Operating Expenses Qtr Cr 647569485483578733
Operating Profit Qtr Cr 9975996010391
Depreciation Qtr Cr 223322
Interest Qtr Cr 9879923
Tax Qtr Cr 302334233025
Net Profit Qtr Cr 8964785490138
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 2,5532,775
Operating Expenses Annual Cr 2,1142,440
Operating Profit Annual in Cr 337237
Depreciation Cr 1010
Interest Annual Cr 3376
Tax Annual Cr 11147
Net Profit Annual Cr 285713
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -10625
Cash from Investing Activity Annual Cr -671,673
Cash from Financing Annual Activity Cr -662-243
Net Cash Flow Annual Cr -8351,455
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 2,4222,465
Fixed Assets Annual Cr 1620
Total Non Current Assets Annual Cr 1,082860
Total Current Assets Annual Cr 2,6393,513
Total Assets Annual Cr 3,7214,373
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 177164
ROE Annual % 1229
ROCE Annual % 1612
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1813
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 907821707646699845
Operating Expenses Qtr Cr 767710580563593750
Operating Profit Qtr Cr 1401111268310595
Depreciation Qtr Cr 999634
Interest Qtr Cr 302828272737
Tax Qtr Cr 383438253329
Net Profit Qtr Cr 9870726292141
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 3,0632,902
Operating Expenses Annual Cr 2,4472,511
Operating Profit Annual in Cr 425248
Depreciation Cr 2813
Interest Annual Cr 110119
Tax Annual Cr 13057
Net Profit Annual Cr 295723
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -344345
Cash from Investing Activity Annual Cr -521,289
Cash from Financing Annual Activity Cr -486-204
Net Cash Flow Annual Cr -8821,430
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 2,3232,356
Fixed Assets Annual Cr 21276
Total Non Current Assets Annual Cr 1,7381,233
Total Current Assets Annual Cr 3,2113,873
Total Assets Annual Cr 4,9495,106
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 182157
ROE Annual % 1331
ROCE Annual % 1812
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2114

Welspun Enterprises Technicals

EMA & SMA

Current Price
₹590.6
-0.5 (-0.08%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹574.84
  • 50 Day
  • ₹545.81
  • 100 Day
  • ₹496.60
  • 200 Day
  • ₹427.86
  • 20 Day
  • ₹580.24
  • 50 Day
  • ₹549.22
  • 100 Day
  • ₹485.97
  • 200 Day
  • ₹408.21

Welspun Enterprises Resistance and Support

PIVOT
₹588.57
Resistance
First Resistance 598.03
Second Resistance 605.47
Third Resistance 614.93
RSI 57.87
MFI 50.92
MACD Single Line 10.24
MACD 9.57
Support
First Support 581.13
Second Support 571.67
Third Supoort 564.23

Welspun Enterprises Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 179,851 10,812,642 60.12
Week 254,935 17,098,477 67.07
1 Month 453,615 24,173,129 53.29
6 Month 500,093 23,384,356 46.76

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. 2450.44 Cr. and Equity Capital is Rs. 136.51 Cr. for the Year ended 31/03/2024. 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 8,173
Sales 2,516
Shares in Float 6.23
No of funds 98
Yield 0.51
Book Value 3.33
U/D Vol ratio 1.5
LTDebt / Equity
Alpha 0.11
Beta 1.63

Welspun Enterprises Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 54.51%54.51%54.51%54.51%
Mutual Funds 0.07%0.06%0.05%0.04%
Insurance Companies 1.29%1.29%1.37%1.63%
Foreign Portfolio Investors 4.69%4.55%4.57%4.47%
Financial Institutions/ Banks
Individual Investors 24.46%23.85%24.38%24.33%
Others 14.98%15.74%15.12%15.02%

Welspun Enterprises Management

Name Designation
Mr. Balkrishan Goenka Chairman & Executive Director
Mr. Sandeep Garg Managing Director
Mr. Rajesh Mandawewala Non Exe.Non Ind.Director
Mr. S Madhavan Lead Independent Director
Dr. Aruna Sharma Independent Director
Mr. Raghav Chandra Independent Director
Dr. Anoop Kumar Mittal Independent 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
2024-08-01 Quarterly Results
2024-05-21 Audited Results & Final Dividend
2024-02-01 Quarterly Results
2023-11-09 Quarterly Results
2023-08-01 Quarterly Results
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 ₹590 As on 18 September, 2024 | 02:27

What is the Market Cap of Welspun Enterprises ?

The Market Cap of Welspun Enterprises is ₹8172.9 Cr As on 18 September, 2024 | 02:27

What is the P/E ratio of Welspun Enterprises ?

The P/E ratio of Welspun Enterprises is 27.1 As on 18 September, 2024 | 02:27

What is the PB ratio of Welspun Enterprises ?

The PB ratio of Welspun Enterprises is 3.3 As on 18 September, 2024 | 02:27

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