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Wendt India Ltd (WENDT)

₹14218.70.3%

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Overview
Fundamentals
Q1 '23 Results
Technicals
News and Events

Overview of Wendt India Ltd

Key events for Wendt India Ltd

  • Wendt India Ltd's Ownership Structure Reveals Public Companies Hold 75% Stake - 05 Sep, 2023

    Public companies collectively hold a 75% stake in Wendt India Ltd, giving them greater say in management and business strategy. Institutional investors also have a fair amount of stake in the company. Carborundum Universal Limited is the largest shareholder with 38%. Insider ownership is positive, but board holds less than 1% of market capitalization.

  • Murugappa Family Settles Disputes; Wendt India Gains 4% - 21 Aug, 2023

    The Murugappa family settled its internal disputes and differences between the family branch of late Mr. M V Murugappan and the rest of the family members. Wendt (India) Ltd contributed to bullish sentiment by gaining 4%.

  • Wendt (India) Ltd Stock Price Surges by 20% - 31 Jul, 2023

    The shares of Wendt (India) surged by 20%, hitting a 52-week high of Rs. 14096.30, resulting in a YTD return of 84.86%.

  • Wendt India Ltd's Share Price Skyrockets 371% in Three Years - 27 Jul, 2023

    Wendt India Ltd's share price has grown by 371% over the past three years, achieving compound earnings per share growth of 83% per year. The total shareholder return (TSR) for the last three years is 383%, boosted by dividends paid by the company.

  • Wendt India Ltd to Go Ex-Dividend - 09 Jul, 2023

    Wendt India Ltd is set to go ex-dividend on July 13th, with a dividend payment of ₹50.00 per share to be paid on August 11th.

  • Wendt India Ltd Increases Dividend Payment - 01 Jul, 2023

    Wendt India Ltd has increased its dividend payment to Rs 50.00, with a sustainable payout ratio of 36% and expected EPS growth of 25%. Despite an unstable dividend history, the company has grown distributions at a yearly rate of about 12%, making it a good dividend opportunity.

Wendt India Ltd Performance

  • ₹14218.7
    ₹14218.7
    ₹14218.7

    Day's Volatility:

  • ₹7017
    ₹15199.9
    ₹14218.7
    downward going graph

    50.65%

    Downside

    52 Weeks Volatility:57.55%

    Upside

    6.90%

    downward going graph
1 Month Return6.74 %
3 Month Return45.99 %
1 Year Return83.04 %
Previous Close₹14,261.05
Open₹14,218.70
Volume343.00
Market Cap₹2,852.21Cr

Wendt India Ltd Company Information

Wendt India, established in 1983 with financial and technical collaboration from Wendt Germany, faced losses right from its inception. In 1990, Carborundum Universal (part of the Murugappa group) stepped in to take over the company with a 40% stake from the collaborators. Wendt India specializes in the manufacture of premium grinding wheels made from diamonds and cubic boron nitrite. In March 1995, the company commissioned a wind electric generator of 225 kW in Perungudi, Tamil Nadu, and launched a new Edgestar range of diamond sharpeners. Their products for the granito tile industry have gained acceptance in India and they are now actively pursuing exports to West Asia and Malaysia. In 2001-02, Wendtsoft expanded their software division by marketing Central Excise Management CENTRAC.

Share Price: ₹14218.70 per share as on 22 Sep, 2023 11:20 AM
Market Capitalisation: ₹2,852.21Cr as of today
Revenue: ₹60.66Cr as on March 2023 (Q1 23)
Net Profit: ₹12.79Cr as on March 2023 (Q1 23)
Listing date: 23 Sep, 1996
Chairperson Name: Shrinivas G Shirgurkar
OrganisationWendt India Ltd
HeadquartersHosur
IndustryCapital Goods-Non Electrical Equipment
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Fundamentals of Wendt India Ltd

Insights on Wendt India Ltd

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

  • imgPOSITIVE IMPACT

    FII Holding Up
    img

    Foreign Institutions have increased holdings from 0.01% to 0.03% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year
    img

    In the last 1 year, WENDT has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment

  • imgPOSITIVE IMPACT

    Revenue Rich
    img

    Revenue is up for the last 2 quarters, 52.91 Cr → 60.66 Cr (in ₹), with an average increase of 12.8% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike
    img

    Netprofit is up for the last 4 quarters, 7.23 Cr → 12.79 Cr (in ₹), with an average increase of 16.6% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up
    img

    Mutual Funds have increased holdings from 6.70% to 6.77% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise
    img

    In the last 3 years, WENDT stock has moved up by 330.1%

  • imgPOSITIVE IMPACT

    Best in 3 Years
    img

    In the last 3 years, WENDT has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment

  • imgNO EFFECT

    Promoter Holding Unchanged
    img

    Promoters holdings remained unchanged at 75.00% of holdings in Jun 2023 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down
    img

    Retail Investor have decreased holdings from 18.19% to 18.11% in Jun 2023 quarter

Wendt India Ltd Valuation

Wendt India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (27.83x)

February 22, 2019

Industry (42.44x)

September 21, 2023

Today (68.10x)

September 21, 2023

Highest (146.40x)

December 14, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
SBI Contra Fund Direct GrowthSBI Contra Fund Direct Growth1.08%
LIC MF Flexi Cap Fund Direct Plan Growth OptionLIC MF Flexi Cap Fund Direct Plan Growth Option0.86%

Wendt India Ltd Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
75%
0.00
Foreign Institutions
0.03%
157.25
Mutual Funds
6.77%
1.01
Retail Investors
18.11%
-0.49
Others
0.09%
0.11

Technicals of Wendt India Ltd

News & Events of Wendt India Ltd

Frequently Asked Questions

Wendt India Ltd (WENDT) share price today is ₹14218.7

  • Today’s highest price of Wendt India Ltd is ₹14218.7.
  • Today’s lowest price of Wendt India Ltd is ₹14218.7.

Today’s traded volume of Wendt India Ltd(WENDT) is 343.00.

Today’s market capitalisation of Wendt India Ltd(WENDT) is ₹2852.21Cr.

Wendt India Ltd(WENDTPrice
52 Week High
₹15199.9
52 Week Low
₹7017

Wendt India Ltd(WENDT) share price is ₹14218.7. It is down -6.46% from its 52 Week High price of ₹15199.9

Wendt India Ltd(WENDT) share price is ₹14218.7. It is up 102.63% from its 52 Week Low price of ₹7017

Wendt India Ltd(WENDTReturns
1 Day Returns
-42.35%
1 Month Returns
6.74%
3 Month Returns
45.99%
1 Year Returns
83.04%