Welspun Specialty Solutions standalone net profit declines 82.50% in the June 2024 quarter

Welspun Specialty Solutions surged 5.62% to Rs 43.60 after the company emerged as L-1 (lowest) bidder by Bharat Heavy Electricals (BHEL) for Rs 117.17 crore.

Welspun Specialty rallies on emerging as L-1 bidder for Rs 117-cr project

Welspun Specialty Solutions reports standalone net loss of Rs 3.12 crore in the December 2022 quarter

Welspun Specialty Solutions reports standalone net loss of Rs 10.71 crore in the September 2022 quarter

Welspun Specialty Solutions reports standalone net loss of Rs 7.96 crore in the June 2022 quarter

Welspun Specialty Solutions reports standalone net loss of Rs 13.11 crore in the June 2021 quarter

Welspun Specialty Solutions reports standalone net profit of Rs 131.31 crore in the March 2021 quarter

Welspun Specialty Solutions reports standalone net loss of Rs 17.04 crore in the December 2020 quarter

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Welspun Specialty Solns is engaged in the manufacture of steel & steel products, such as seamless tubes & rolled products. The Company is diversified into a multi-product group involved in the manufacture of alloy steel, stainless steel and pipes.