Welspun Corp Ltd
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock offers good dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Welspun Corp Ltd
WELCORP
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock offers good dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key Metrics
Forecast & RatingsDetailed Forecast
Analysts have suggested that investors can buy this stock
Price
Price Upside
Pro Only
Earnings
Earnings Growth
Pro Only
Revenue
Rev. Growth
Pro Only
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.
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Financial TrendFinancial statements
Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing 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 HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Increased Mutual Fund HoldingIncreasing 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 increased by 1.72%
Recent NewsAll news
Welspun Corp profit falls 30% to Rs 263 cr in Q4 due to higher expenses
1 day ago•Business Standard
Taking Stock | Market bounces back; Sensex, Nifty gain 3%; metal, pharma, banks lead charge
1 day ago•Moneycontrol
Big Movers on D-St: What should investors do with ITC, Welspun Corp, and Adani Power?
6 days ago•Economic Times
Recent EventsAll events
General updates
Further to our letter dated May 27, 2022 on the subject, please take note that the Board of Directors of the Company at its meeting held on Friday, May 27, 2022 have, inter-alia, considered and approved the following businesses:In pursuit of sustainability mandate under ESG framework of the Company, the Board has in principle approved investment in equity shares at par upto Rs. 40 Crore to acquire upto 26% equity share capital of a proposed SPV for implementation of renewable energy project in the state of Gujarat as a captive / group captive unit. The investment is expected to be done during FY23, subject to detailed due diligence. Further, the Board has approved investment in Welspun Transformation Services Limited (￢ﾀﾜWTSL￢ﾀﾝ), a newly incorporated company of the Welspun group, at par value, for 19% of the equity share capital of WTSL for an amount upto Rs. 57 Lakh. The investment is expected to be done during FY23. WTSL proposes to provide services for processing transactions relating to finance, HR, procurement, supply chain, information technology(IT), ITES etc. for the Company and its subsidiaries, both in India and abroad. WTSL will deploy robotic process automation (RPA), machine learning, artificial intelligence for improving productivity and controls. The Company proposes to use the services offered by WTSL for consolidating and scaling up its digital journey and business transformation | Download
Further to our letter dated May 27, 2022 on the subject, please take note that the Board of Directors of the Company at its meeting held on Friday, May 27, 2022 have, inter-alia, considered and approved the following businesses:In pursuit of sustainability mandate under ESG framework of the Company, the Board has in principle approved investment in equity shares at par upto Rs. 40 Crore to acquire upto 26% equity share capital of a proposed SPV for implementation of renewable energy project in the state of Gujarat as a captive / group captive unit. The investment is expected to be done during FY23, subject to detailed due diligence. Further, the Board has approved investment in Welspun Transformation Services Limited (￢ﾀﾜWTSL￢ﾀﾝ), a newly incorporated company of the Welspun group, at par value, for 19% of the equity share capital of WTSL for an amount upto Rs. 57 Lakh. The investment is expected to be done during FY23. WTSL proposes to provide services for processing transactions relating to finance, HR, procurement, supply chain, information technology(IT), ITES etc. for the Company and its subsidiaries, both in India and abroad. WTSL will deploy robotic process automation (RPA), machine learning, artificial intelligence for improving productivity and controls. The Company proposes to use the services offered by WTSL for consolidating and scaling up its digital journey and business transformation | Download
Cash Dividend
Final • Div/Share: ₹ 5
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value