Welspun Corp Ltd Analyst Rating
based on 3 analysts
75.00%
Buy
25.00%
Hold
0.00%
Sell
Based on 3 analysts offering long term price targets for Welspun Corp Ltd. An average target of ₹874.33
Source: S&P Global Market Intelligence
Welspun Corp Ltd Share analysis
Welspun Corp Ltd price forecast by 3 analysts
Upside of27.29%
High
₹944
Target
₹874.33
Low
₹759
Welspun Corp Ltd target price ₹874.33, a slight upside of 27.29% compared to current price of ₹691.5. According to 3 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Welspun Corp Ltd revenue growth forecast
Expected growth rate Q1, FY2026:11.55%
Forecast
Actual
Including amortisation and stock based compensations
Welspun Corp Ltd EPS growth forecast
EPS estimate Q1, FY2026:11.57%
Forecast
Actual
Source: S&P Global Market Intelligence
Welspun Corp Ltd Performance
Day's Low
Day's High
₹650.15₹693.6552 Week's Low
52 Week's High
₹440.15₹806
| Returns % | |
| 1 Month Return | -3.7 % |
| 3 Month Return | -4.54 % |
| 1 Year Return | + 24.92 % |
| Market Stats | |
| Previous Close | ₹686.90 |
| Open | ₹682.70 |
| Volume | 10.79L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹18,020.78Cr |
Welspun Corp Ltd Key Statistics
| P/E Ratio | 16.4 |
| PEG Ratio | 1.5 |
| Market Cap | ₹18,020.78 Cr |
| P/B Ratio | 3.79 |
| EPS | 43.42 |
| Dividend Yield | 0 |
| Sector | Steel |
| ROE | 14.07 |
Welspun Corp Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹18,020.78 Cr | 80.68% | 0.64 | ₹1,136 Cr | ₹17,339 Cr | |
| BUY | ₹17,099.38 Cr | 42.79% | 0.50 | ₹651 Cr | ₹5,014 Cr | |
| BUY | ₹34,691.46 Cr | 127.75% | 0.53 | ₹580 Cr | ₹8,104 Cr | |
| NA | ₹5,740.42 Cr | 168.53% | 0.65 | -₹51 Cr | ₹1,369 Cr | |
| HOLD | ₹16,293.72 Cr | 26.38% | 0.54 | ₹473 Cr | ₹4,317 Cr |
Welspun Corp Ltd Mutual Fund Holdings
About Welspun Corp Ltd
Share Price: ₹691.50 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹18,020.78Cr as of today
Revenue: ₹3,301.83Cr as on September 2024 (Q3 24)
Net Profit: ₹282.96Cr as on September 2024 (Q3 24)
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 Reports Sales Growth Amid Profit Decline - 12 Nov, 2024
Welspun Corp's September 2024 net sales increased by 14.31% YoY to Rs 2,032.88 crore, but net profit fell by 39.33%. Additionally, its subsidiary divested a 5% stake in East Pipes Integrated Company for Rs 480 crore.
Welspun Corp Reports Decline in Profits and Sales - 11 Nov, 2024
Welspun Corp reported a significant decline in net profit and sales for Q2 2024. Additionally, its subsidiary divested a 5% stake in East Pipes for SAR 218.9 million.
Welspun Corp Reports Decline in Q2 Profit - 08 Nov, 2024
Welspun Corp's Q2 profit fell 27% to Rs 282.96 crore due to decreased income. The board approved investments exceeding Rs 2,000 crore for capacity expansions and new projects.
Welspun Corp Ltd Rises 3.48% Amid Market Trends - 07 Nov, 2024
Welspun Corp Ltd shares increased by 3.48% to Rs 799.75, marking a 75.02% rise over the past year. The stock has gained 15.01% in the last month, outperforming the Nifty and Nifty Metal indices. Despite a down day for the benchmark indices, Welspun Corp continues its upward trend for the third consecutive session.
Welspun Corp Secures Major US Pipe Orders - 04 Nov, 2024
Welspun Corp has announced two significant orders totaling Rs 1,300 crore for coated HSAW pipes for natural gas pipeline projects in the US, scheduled for execution in FY26. The company maintains a positive outlook for the US market and is favorably positioned for additional projects.
Welspun Tubular Announces $100 Million Investment - 01 Nov, 2024
Welspun Tubular LLC plans to invest $100 million in its Little Rock plant to expand and upgrade its pipe portfolio, creating 175 jobs. The upgrade is expected to be completed by December 2025, with production starting in Q1 2026.
Welspun Corp Continues Upward Trend in Stock Price - 17 Oct, 2024
Welspun Corp Ltd has experienced a fifth consecutive gain, rising 1.07% to Rs 729.35. The stock has increased 61.68% over the past year, outperforming NIFTY and Nifty Metal indices.
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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 5.54% to 6.70% in Sep 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 248.18 Cr → 286.95 Cr (in ₹), with an average increase of 13.5% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 10.51% to 11.65% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 3.21K Cr → 3.43K Cr (in ₹), with an average increase of 6.3% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, WELCORP stock has moved up by 363.5%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, WELCORP has outperformed top 5 stocks with highest market-cap in Iron & Steel
NO EFFECTAgainst Peers
In the last 1 year, Jindal Steel & Power Ltd has given 32.2% return, outperforming this stock by 7.3%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 50.03% to 50.01% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 23.57% to 20.67% in Sep 2024 quarter
Welspun Corp Ltd Financials
Index Inclusions
Welspun Corp Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 50.01% | ||
| Foreign Institutions | 11.65% | 10.79 | |
| Mutual Funds | 6.7% | 20.89 | |
| Retail Investors | 20.67% | ||
| Others | 10.98% | 6.05 |
Welspun Corp Ltd Key Indicators
Welspun Corp Ltd Valuation
Welspun Corp Ltd in the last 5 years
Lowest (-298.70x)
May 28, 2019
Today (16.40x)
November 19, 2024
Industry (23.70x)
November 19, 2024
Highest (66.84x)
July 1, 2019
Welspun Corp Ltd Earnings and Dividends
Welspun Corp Ltd Earnings Results
Welspun Corp Ltd’s net profit fell -25.4% since last year same period to ₹286.95Cr in the Q2 2024-2025. On a quarterly growth basis, Welspun Corp Ltd has generated 15.62% jump in its net profits since last 3-months.
Read More about Earnings ResultsWelspun Corp Ltd Dividends May,2024
In the quarter ending March 2024, Welspun Corp Ltd has declared dividend of ₹5 - translating a dividend yield of 1.46%.
Read More about Dividends
Welspun Corp Ltd Technicals Summary
Bearish
Neutral
Bullish
Welspun Corp Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Welspun Corp Ltd
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Welspun Corp Ltd shares.
Welspun Corp Ltd (WELCORP) share price today is ₹691.5
Welspun Corp Ltd is listed on NSE
Welspun Corp Ltd is listed on BSE
- Today’s highest price of Welspun Corp Ltd is ₹693.65.
- Today’s lowest price of Welspun Corp Ltd is ₹650.15.
PE Ratio of Welspun Corp Ltd is 16.4
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 10.79L.
Today’s market capitalisation of Welspun Corp Ltd(WELCORP) is ₹18020.78Cr.
| Welspun Corp Ltd(WELCORP | Price |
|---|---|
52 Week High | ₹806 |
52 Week Low | ₹440.15 |
Welspun Corp Ltd(WELCORP) share price is ₹691.5. It is down -14.21% from its 52 Week High price of ₹806
Welspun Corp Ltd(WELCORP) share price is ₹691.5. It is up 57.11% from its 52 Week Low price of ₹440.15
| Welspun Corp Ltd(WELCORP | Returns |
|---|---|
1 Day Returns | 4.6% |
1 Month Returns | -3.7% |
3 Month Returns | -4.54% |
1 Year Returns | 24.92% |