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Welspun Enterprises Ltd (WELENT)

₹392.756.58%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Welspun Enterprises Ltd share Performance

  • ₹367
    ₹404
    ₹392.75
    downward going graph

    6.56%

    Low

    Day's Volatility:9.42%

    High

    2.86%

    downward going graph
  • ₹145.55
    ₹404
    ₹392.75
    downward going graph

    62.94%

    Low

    52 Weeks Volatility:65.81%

    High

    2.86%

    downward going graph
1 Month Return+ 9.43 %
3 Month Return+ 5.98 %
1 Year Return+ 142.43 %
Previous Close₹368.50
Open₹371.70
Volume21.91L
Upper Circuit-
Lower Circuit-
Market Cap₹5,100.55Cr

Analyst Rating

based on 1 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 1 analysts offering long term price targets for Welspun Enterprises Ltd. An average target of ₹447

Source: S&P Global Market Intelligence

Company Information

Welspun Enterprises Ltd, formerly Welspun Projects Ltd, is a leading civil construction contract company in India engaged in mass housing and multistoried buildings, industrial projects, petrochemicals, water retaining structures and roads. The company has subsidiaries like MSK Projects Himatnagar Bypass, Super Infrastructure Toll Bridge Pvt Ltd and MSK Projects Kim Mandvi Corridor Pvt Ltd. Welspun Projects came out with an Initial Public Offering (IPO) in October 2004 which was fully subscribed. Their shares are listed on BSE, NSE and VSE. During the year 2006-07, they started a new joint venture and secured orders worth Rs. 34.88 crore from Bharat Oman Refineries Ltd for construction of pipelines and substation. The company went in for an overseas capacity expansion in 2012 and also won a 125 MW solar bid and the Delhi-Meerut Expressway project in 2015. In the same year, they also changed their name from Welspun Energy Ltd to Welspun Enterprises Ltd.

Share Price: ₹392.75 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹5,100.55Cr as of today
Revenue: ₹706.71Cr as on December 2023 (Q4 23)
Net Profit: ₹79.92Cr as on December 2023 (Q4 23)
Listing date: 04 Nov, 2004
Chairperson Name: Balkrishan Goenka
OrganisationWelspun Enterprises Ltd
HeadquartersMumbai
IndustryConstruction
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Key events for Welspun Enterprises Ltd

  • Welspun Enterprises Ltd: Strong Financials and Order Book - 09 Apr, 2024

    Welspun Enterprises has a strong financial position with low debt, monetized assets, and selective project approach. It also has an order book of Rs 14,000 crore for the next three years and is trading at single-digit P/E multiples.

  • Welspun Enterprises' Net Cash of INR 1.96B Offsets Total Liabilities - 13 Mar, 2024

    Welspun Enterprises has liabilities totalling INR 6.07B more than its cash and near-term receivables, but it has net cash of INR 1.96B. Last year saw an 81% YoY EBIT growth.

Fundamentals of Welspun Enterprises Ltd

Insights on Welspun Enterprises Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, WELENT stock has moved up by 9.4%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.05% to 0.06% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 34.24% to 34.37% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 62.03 Cr → 71.55 Cr (in ₹), with an average increase of 13.3% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 692.65 Cr → 753.92 Cr (in ₹), with an average increase of 8.1% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 54.51% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rail Vikas Nigam Ltd has given 840.6% return, outperforming this stock by 615.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, NBCC India Ltd has given 224.0% return, outperforming this stock by 81.6%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 4.57% to 4.55% in Mar 2024 quarter

Welspun Enterprises Ltd Valuation

Welspun Enterprises Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.56x)

April 11, 2023

Industry (-83.70x)

May 15, 2024

Today (14.26x)

May 15, 2024

Highest (53.20x)

January 22, 2018

LowHigh

Mutual Fund Holdings

Funds Holdings
Motilal Oswal Nifty Microcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Microcap 250 Index Fund Direct Growth0.35%
Groww Nifty Total Market Index Fund Direct GrowthGroww Nifty Total Market Index Fund Direct Growth0.01%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
54.51%
0.00
Foreign Institutions
4.55%
0.00
Mutual Funds
0.06%
0.00
Retail Investors
34.37%
0.00
Others
6.5%
0.00

Technicals of Welspun Enterprises Ltd share

News & Events of Welspun Enterprises Ltd

Frequently Asked Questions

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Welspun Enterprises Ltd (WELENT) share price today is ₹392.75

Welspun Enterprises Ltd is listed on NSE

Welspun Enterprises Ltd is listed on BSE

  • Today’s highest price of Welspun Enterprises Ltd is ₹404.
  • Today’s lowest price of Welspun Enterprises Ltd is ₹367.

PE Ratio of Welspun Enterprises Ltd is 14.26

PE ratio = Welspun Enterprises Ltd Market price per share / Welspun Enterprises Ltd Earnings per share

Today’s traded volume of Welspun Enterprises Ltd(WELENT) is 21.91L.

Today’s market capitalisation of Welspun Enterprises Ltd(WELENT) is ₹5100.55Cr.

Welspun Enterprises Ltd(WELENTPrice
52 Week High
₹404
52 Week Low
₹145.55

Welspun Enterprises Ltd(WELENT) share price is ₹392.75. It is down -2.78% from its 52 Week High price of ₹404

Welspun Enterprises Ltd(WELENT) share price is ₹392.75. It is up 169.84% from its 52 Week Low price of ₹145.55

Welspun Enterprises Ltd(WELENTReturns
1 Day Returns
24.25%
1 Month Returns
9.43%
3 Month Returns
5.98%
1 Year Returns
142.43%