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Welspun Corp Ltd share price logo

Welcorp Share Price

(WELCORP)

₹779.651.69%

as on 04:01PM, 17 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Welcorp Analyst Rating

based on 5 analysts

BUY

75.00%

Buy

25.00%

Hold

0.00%

Sell

Based on 5 analysts offering long term price targets for Welcorp. An average target of ₹841.8

Source: S&P Global Market Intelligence

Welcorp Share analysis

Welcorp price forecast by 5 analysts

Upside of7.97%

High

₹944

Target

₹841.80

Low

₹691

Welcorp target price ₹841.8, a slight upside of 7.97% compared to current price of ₹779.65. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Welcorp Performance

  • Day's Low

    Day's High

    ₹758
    Day's Price Range
    ₹787.3
  • 52 Week's Low

    52 Week's High

    ₹440.15
    52-Week Price Range
    ₹835
1 Month Return-1.05 %
3 Month Return+ 9.06 %
1 Year Return+ 30.06 %
Previous Close₹766.70
Open₹768.00
Volume2.72L
Upper Circuit-
Lower Circuit-
Market Cap₹20,114.33Cr

Welcorp Key Statistics

P/E Ratio18.62
PEG Ratio1.7
Market Cap₹20,114.33 Cr
P/B Ratio3.79
EPS43.42
Dividend Yield0
SectorSteel
ROE14.07

Welcorp Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹20,114.33 Cr70.76%0.64₹1,136 Cr₹17,339 Cr
BUY₹15,768.05 Cr29.71%0.50₹651 Cr₹5,014 Cr
BUY₹39,265.91 Cr138.68%0.53₹580 Cr₹8,104 Cr
NA₹7,720.48 Cr253.58%0.65-₹51 Cr₹1,369 Cr
HOLD₹13,002.09 Cr16.57%0.54₹473 Cr₹4,317 Cr

About Welcorp

Welspun Group is one of India's fastest growing conglomerates, with a leadership position in Line Pipes, Home Textiles, Infrastructure, Warehousing, Retail, Oil & Gas, Steel, Advanced Textiles and Flooring Solutions. Welspun Corp Limited is a flagship company of the USD 2.7billion Welspun Group, and a preferred supplier to several Fortune 100 Oil & Gas companies. It has facilities in India, the UK, Saudi Arabia and USA, and provides a complete solution for manufacturing various pipes. Their clients include Shell, Saudi Aramco, TOTAL, Chevron, Energy Transfer, South Oil Company, ExxonMobil, Kinder Morgan, TransCanada and Enbridge. They have recently set up a new 100 million USD manufacturing facility in Little Rock, Arkansas, USA and have acquired a Portuguese company called Sorema Tapates e Cortinas de Banho SA Sorema for USD 600 million. The Company has increased its capacity for the production of weld pipes, coating of pipes and backward integration with a 1.5 million tonne state-of-the-art plate mill. To fulfill accelerating demand, the Company plans to increase the capacity of its pipe plant to 1.75 million tons. The Company also entered into a 51:49 JV with Wasco Energy Ltd and made successful trial for 22 OD 39 mm WT X65 D/T Ratio of 14.3. In FY 2019, they commissioned the HSAW plant in Bhopal, Madhya Pradesh and ventured into the Ductile Iron Pipe segment. To further diversify, they have also entered the business of manufacturing of TMT Rebars and Stainless Steel Tubes & Pipes. The Honble National Company Law Tribunal has approved its Scheme of Amalgamation and its Buyback plan in 2019 & 2022 respectively.

Share Price: ₹779.65 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹20,114.33Cr 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
OrganisationWelcorp
HeadquartersMumbai
IndustrySteel
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Key events for Welspun Corp Ltd

  • Welspun Corp Partners with Saudi Aramco for New Facility - 15 Jan, 2025

    Welspun Corp has signed a memorandum of understanding with Saudi Aramco to establish a Longitudinal Submerged Arc Welded line pipe manufacturing facility in Saudi Arabia, with an annual capacity of 350,000 MT, expected to commence operations by mid-2026.
  • Welspun Corp Secures ₹130 Crore Order in Saudi Arabia - 26 Dec, 2024

    Welspun Corp's associate, East Pipes Integrated Company (EPIC), has secured contracts worth ₹130 crore for manufacturing and supplying steel pipes in Saudi Arabia. The financial impact will be reflected in the first two quarters of FY 2025-2026.
  • Welspun One Plans Major Expansion Funding - 19 Dec, 2024

    Welspun One aims to raise Rs 4,000 crore to expand its logistics and industrial property portfolio from 16 million sq ft to 32 million sq ft by 2028, with a pipeline of 8 million sq ft identified.

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.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 10.51% to 11.65% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 248.18 Cr → 286.95 Cr (in ₹), with an average increase of 13.5% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, WELCORP stock has moved up by 278.2%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 5.54% to 6.70% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 3.21K Cr → 3.43K Cr (in ₹), with an average increase of 6.3% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Lloyds Metals & Energy Ltd has given 138.3% return, outperforming this stock by 103.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Lloyds Metals & Energy Ltd has given 1015.9% return, outperforming this stock by 737.7%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 50.03% to 50.01% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 23.57% to 20.67% in Sep 2024 quarter

Welcorp Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹4,059.45Cr (-)₹4,749.71Cr (↑17.00%)₹4,461.17Cr (↓6.07%)₹3,137.23Cr (↓29.68%)₹3,301.83Cr (↑5.25%)
Net Income₹386.57Cr (-)₹293.70Cr (↓24.02%)₹287.28Cr (↓2.19%)₹247.94Cr (↓13.69%)₹282.96Cr (↑14.12%)
Net Profit Margin9.52% (-)6.18% (↓35.08%)6.44% (↑4.21%)7.90% (↑22.67%)8.57% (↑8.48%)
Value in ₹ crore
Details2021202220232024
Total Assets₹5,246.09Cr (-)₹6,501.00Cr (↑23.92%)₹8,418.67Cr (↑29.50%)₹7,813.14Cr (↓7.19%)
Total Liabilities₹2,539.51Cr (-)₹3,095.09Cr (↑21.88%)₹5,211.48Cr (↑68.38%)₹4,249.27Cr (↓18.46%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹16.16Cr (-)₹378.29Cr (↑2,240.90%)₹193.30Cr (↓48.90%)-₹439.06Cr (↓327.14%)₹637.68Cr (↓245.24%)

Index Inclusions

Nifty Smallcap 250

₹16,700.50

-0.04 (-7.4%)

Nifty 500

₹21,680.25

-0.16 (-34.3%)

S&P BSE Indus.

₹14,194.94

1.05 (147.94%)

BSE 500

₹34,083.34

-0.16 (-53.44%)

S&P BSE 400 MidSmallCap

₹11,515.38

0.04 (4.9%)

Nifty Metal

₹8,521.70

1.18 (99.7%)

S&P BSE 250 SmallCap

₹6,677.71

-0.04 (-2.74%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty MidSmallcap 400

₹18,978.85

0.06 (10.9%)

BSE Small-Cap

₹52,311.31

0.01 (2.64%)

Welcorp Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
50.01%
-0.05
Foreign Institutions
11.65%
10.79
Mutual Funds
6.7%
20.89
Retail Investors
20.67%
-12.28
Others
10.98%
6.05

Welcorp Key Indicators

Details20202021202220232024
Return On Equity %16.7747.7216.866.4714.07
Details20202021202220232024
Return On Assets %12.8514.636.752.4614.21
Details20202021202220232024
Book Value Per Share (₹)123.24156.26169.69180.21213.92
Details20202021202220232024
Earning Per Share (₹)25.0731.6917.027.6243.42

Welcorp Valuation

Welcorp in the last 5 years

  • Overview

  • Trends

Lowest (-298.70x)

May 28, 2019

Today (18.62x)

January 17, 2025

Industry (22.82x)

January 17, 2025

Highest (66.84x)

July 1, 2019

LowHigh

Welcorp 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 Results
  • Welspun Corp Ltd Dividends May,2024

    In the quarter ending March 2024, Welspun Corp Ltd has declared dividend of ₹5 - translating a dividend yield of 1.28%.

    Read More about Dividends

Welcorp Technicals Summary

Bearish

Neutral

Bullish

Bullish

Welspun Corp Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Welspun Corp Ltd

Welspun Corp Ltd share price today stands at ₹779.65, Open. ₹768 ; Previous Close. ₹766.7 ; High. ₹787.3 ; Low. ₹758 ; 52 Week High. ₹835 ; 52 Week Low: ₹440.15.

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Welspun Corp Ltd is listed on NSE

Welspun Corp Ltd is listed on BSE

  • Today’s highest price of Welspun Corp Ltd is ₹787.3.
  • Today’s lowest price of Welspun Corp Ltd is ₹758.

PE Ratio of Welspun Corp Ltd is 18.62

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 2.72L.

Today’s market capitalisation of Welspun Corp Ltd(WELCORP) is ₹20114.33Cr.

Welspun Corp Ltd(WELCORPPrice
52 Week High
₹835
52 Week Low
₹440.15

Welspun Corp Ltd(WELCORP) share price is ₹779.65. It is down -6.63% from its 52 Week High price of ₹835

Welspun Corp Ltd(WELCORP) share price is ₹779.65. It is up 77.13% from its 52 Week Low price of ₹440.15

Welspun Corp Ltd(WELCORPReturns
1 Day Returns
12.95%
1 Month Returns
-1.05%
3 Month Returns
9.06%
1 Year Returns
30.06%