Welspun Corp Ltd (WELCORP)
₹600.7
Welspun Corp Ltd share Performance
- ₹580.4₹614.4₹600.7
3.38%
Low
Day's Volatility:5.66%
High
2.28%
- ₹223.5₹623.9₹600.7
62.79%
Low
52 Weeks Volatility:66.66%
High
3.86%
| Returns % | |
| 1 Month Return | 7.78 % |
| 3 Month Return | 1.59 % |
| 1 Year Return | 160.36 % |
| Market Stats | |
| Previous Close | ₹605.20 |
| Open | ₹610.00 |
| Volume | 20.78L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹15,836.08Cr |
Analyst Rating
based on 4 analysts
Based on 4 analysts offering long term price targets for Welspun Corp Ltd. An average target of ₹640.25
Source: S&P Global Market Intelligence
Company Information
Share Price: ₹600.70 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹15,836.08Cr as of today
Revenue: ₹4,749.71Cr as on December 2023 (Q4 23)
Net Profit: ₹293.70Cr as on December 2023 (Q4 23)
Listing date: 10 Dec, 2003
Chairperson Name: B K Goenka
| Organisation | Welspun Corp Ltd |
| Headquarters | Mumbai |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Welspun Corp Ltd
Welspun Corp Sees Surge in Volume and Analysts Expect Improvement in Profitability - 02 May, 2024
Welspun Corp experienced a significant increase in trading volume and stock price, while analysts predict continued growth and profitability due to diversification efforts.
Welspun Corp Secures Export Order Worth Rs 611 Crore - 24 Apr, 2024
Welspun Corp has secured an export order worth Rs 611 crore for the supply of LSAW pipes, coating and bends in Latin America. The company received a binding Letter of Award (LOA) which will be executed in FY25. This is the second such order in quick succession. Additionally, the company has received orders totalling Rs 872 crore within the last month to provide multiple-line pipes, with projects spanning both India and the US.
Welspun Corp Wins Orders Worth ₹872 Crore - 23 Apr, 2024
Welspun Corp announced the receipt of multiple line pipe orders worth about ₹872 crore. The company reported a 98% YoY growth in operating revenue at ₹4,750 crore for Q3 FY2024, with EBITDA rising by 170% YoY to ₹471 crore and net profit jumping more than 10 times to ₹292 crore. Net debt reduced to ₹503 crore at the end of December 2023.
Welspun Corp Wins Orders Worth Rs 872 Crore - 22 Apr, 2024
Welspun Corp has won multiple line pipe orders, both in India and the USA, cumulatively valued at approximately Rs 872 crore. The execution of these orders is scheduled for FY25.
Private Companies and Institutions Lose Value in Welspun Corp - 18 Apr, 2024
Following a 3% decrease in the stock price, private companies and institutions who hold considerable shares in Welspun Corp have lost value. Private companies own 50% of the business, while institutions own 22%. The top two shareholders hold 57% of the company's shares.
Welspun Corp Ltd stock up 2.36% on NSE - 04 Apr, 2024
Welspun Corp Ltd stock is trading at Rs 574.75, up 2.36% on the day as of 12:44 IST on NSE. The stock has gained 169.27% in the last year compared to a 27.97% spurt in NIFTY and a 57.82% spurt in Nifty Metal. The PE ratio based on TTM earnings ending December 23 is 25.38.
Fundamentals of Welspun Corp Ltd
Insights on Welspun Corp Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 3 quarters, 4.11K Cr → 4.81K Cr (in ₹), with an average increase of 7.4% per quarter
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 49.96% to 50.14% in Mar 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, WELCORP has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, WELCORP has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
Price Rise
In the last 7 days, WELCORP stock has moved up by 5.9%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 10.56% to 10.70% in Mar 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 4.96% to 6.35% in Mar 2024 quarter
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 384.67 Cr → 291.86 Cr (in ₹), with an average decrease of 24.1% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 22.85% to 21.56% in Mar 2024 quarter
Welspun Corp Ltd Valuation
Welspun Corp Ltd in the last 5 years
Lowest (-298.70x)
May 28, 2019
Today (14.69x)
May 2, 2024
Industry (27.40x)
May 2, 2024
Highest (66.84x)
July 1, 2019
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 50.14% | 0.00 | |
| Foreign Institutions | 10.7% | 0.00 | |
| Mutual Funds | 6.35% | 0.00 | |
| Retail Investors | 21.56% | 0.00 | |
| Others | 11.25% | 0.00 |
Technicals of Welspun Corp Ltd share
News & Events of Welspun Corp Ltd
Frequently Asked Questions
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Welspun Corp Ltd (WELCORP) share price today is ₹600.7
Welspun Corp Ltd is listed on NSE
Welspun Corp Ltd is listed on BSE
- Today’s highest price of Welspun Corp Ltd is ₹614.4.
- Today’s lowest price of Welspun Corp Ltd is ₹580.4.
PE Ratio of Welspun Corp Ltd is 14.69
PE ratio = Welspun Corp Ltd Market price per share / Welspun Corp Ltd Earnings per share
Today’s traded volume of Welspun Corp Ltd(WELCORP) is 20.78L.
Today’s market capitalisation of Welspun Corp Ltd(WELCORP) is ₹15836.08Cr.
| Welspun Corp Ltd(WELCORP | Price |
|---|---|
52 Week High | ₹623.9 |
52 Week Low | ₹223.5 |
Welspun Corp Ltd(WELCORP) share price is ₹600.7. It is down -3.72% from its 52 Week High price of ₹623.9
Welspun Corp Ltd(WELCORP) share price is ₹600.7. It is up 168.77% from its 52 Week Low price of ₹223.5
| Welspun Corp Ltd(WELCORP | Returns |
|---|---|
1 Day Returns | -4.5% |
1 Month Returns | 7.78% |
3 Month Returns | 1.59% |
1 Year Returns | 160.36% |