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Welspun Corp Ltd

WELCORP
MaterialsIron & Steel
SmallcapWith a market cap of ₹5,456 cr, stock is ranked 487
High RiskStock is 3.33x as volatile as Nifty
192.1516.50 (-7.91%)

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MaterialsIron & Steel
SmallcapWith a market cap of ₹5,456 cr, stock is ranked 487
High RiskStock is 3.33x as volatile as Nifty

Key MetricsEdit

PE RatioPE Ratio
12.44
PB RatioPB Ratio
1.11
Dividend YieldDiv. Yield
2.39%
Sector PESector PE
13.19
Sector PBSector PB
2.54
Sector Div YldSctr Div Yld
2.35%

Forecast & RatingsDetailed Forecast 

100%

Analysts have suggested that investors can buy this stock

Price

Price Upside

Pro Only

Earnings

Earnings Growth

Pro Only

Revenue

Rev. Growth

Pro Only

See Detailed Forecast

Company Profile

Welspun Corp Limited is a diameter line pipe company, engaged in the business of production and coating of submerged arc welded pipes, hot rolled steel plates and coils, and power generation.

Investor PresentationView older 

Feb 2, 2023

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Financial TrendFinancial statements 

20192020202120229.0910.287.787.06-0.010.640.770.44
Revenue
Profit
Loss
All values in ₹ Thousand cr.
See financial statements

Holdings TrendDetailed holdings 

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Decreased Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has decreased by 1.44%

See detailed holdings

Recent EventsAll events 

Updates 
Announced OnFeb 3, 2023

Welspun Corp Limited has informed the Exchange regarding 'This is further to our announcement dated September 17, 2022 for securing a Carbon Capture Pipeline project in the United States for supply of HFIW pipes from our Little Rock plant in the U.S. We have been notified that in line with the provisions of the contract, the customer wishes to exercise its right for delaying the delivery schedule, which can be for a maximum period of 6 months. Basis the information in the public domain, we believe this is on account of some regulatory hearings / proceedings and the customer remains upbeat on the project.The customer wishes to discuss and finalize the revised dates for the production schedule. We, thus, believe that this order will still be executed in FY 23-24 as originally planned. This deferment has no financial impact on our committed costs as we are fully covered on the same contractually.Please take the same on record.'. | Download

Welspun Corp Limited has informed the Exchange regarding 'This is further to our announcement dated September 17, 2022 for securing a Carbon Capture Pipeline project in the United States for supply of HFIW pipes from our Little Rock plant in the U.S. We have been notified that in line with the provisions of the contract, the customer wishes to exercise its right for delaying the delivery schedule, which can be for a maximum period of 6 months. Basis the information in the public domain, we believe this is on account of some regulatory hearings / proceedings and the customer remains upbeat on the project.The customer wishes to discuss and finalize the revised dates for the production schedule. We, thus, believe that this order will still be executed in FY 23-24 as originally planned. This deferment has no financial impact on our committed costs as we are fully covered on the same contractually.Please take the same on record.'. | Download

Analysts/Institutional Investor Meet/Con. Call Updates 
Announced OnFeb 3, 2023

Welspun Corp Limited has informed the Exchange about Link of Recording | Download

Welspun Corp Limited has informed the Exchange about Link of Recording | Download

Cash Dividend 
Ex. DateJun 9, 2022

Final • Div/Share: ₹ 5

See all events