Walchandnagar Industries Limited
Share Price Target & Analysis

NSE:WALCHANNAG

213.49

VWAP

214.35

Open

204.15

Close

214.35

High

209.30

Low

268.10

52 Week High

211.95
7.80 (3.82%)

WALCHANNAG

(INDUSTRIAL MANUFACTURING)
74.3% Momentum

Sideways to Positive

49.75

52 Week Low

3.29

EPS

60.32

PE

4.78

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: WALCHANNAG Share Price Financial Analysis & Valuation

Walchandnagar Industries Limited (WALCHANNAG) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Engineering - Heavy vertical. It is one of Micro Cap company with Market Capitalization of Rs 217.2 (in Cr). Total number of free float shares are 3.8 (in Lacs). Walchandnagar Industries Limited is listed on NSE with Exchange ID - INE711A01022 and trading code is NSE:WALCHANNAG with short name Walchandnagar.

In the past 1 year, Walchandnagar Industries Limited has declared an equity dividend of Rs 0 per share. At the current share price of WALCHANNAG at Rs 211.95, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:WALCHANNAG, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine WALCHANNAG underlying value and future prospects. All of this data is available in WALCHANNAG financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:WALCHANNAG, it is clearly understood that WALCHANNAG is Economical performer in terms of earnings and profit margins with an EPS of 3.29. NSE:WALCHANNAG book value per share as of today is 44.35. The current price to book ratio for WALCHANNAG as of May 16, 2024 is 4.78.

Valuation of the Stock: The current valuation of WALCHANNAG stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of WALCHANNAG whether to BUY this stock at current valuation. The delivery percentage of WALCHANNAG is 94.00% is very crucial parameter which shows that 94.00% investors are anticipating that the price of WALCHANNAG share should go up with VWAP at 213.49.

Now, the main question is whether to BUY or SELL, NSE:WALCHANNAG at current valuation.
As per latest Analysis No. #3456:-

STRONG BUY WALCHANNAG if All Greens

BUY WALCHANNAG (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD WALCHANNAG (With Stop Loss) if only 1 Green

SELL WALCHANNAG if NO Green Indicator

NSE: WALCHANNAG Share Price Today (May 16, 2024)

(Walchandnagar Industries Limited Daily Analysis on the basis of WALCHANNAG Intraday Graph & Trend)

Walchandnagar Industries Limited share price moved Up by 3.82% from its previous close of Rs 204.15. WALCHANNAG stock last traded price is 211.95. WALCHANNAG share price trend is Up with a total of 404554 stocks traded till now. It has touched an intraday high of Rs 214.35 and an intraday low of Rs 209.30. The WALCHANNAG trading at 211.95, Up by Rs. 7.80, or 3.82 percent which suggests that most of the Traders are anticipating that the price of WALCHANNAG share should go Up.

NSE: WALCHANNAG Share Price Tomorrow Prediction

(Walchandnagar Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of WALCHANNAG)

Walchandnagar Industries Limited share price moved Up by 3.82%. WALCHANNAG share price short term trend is Up. It suggests that WALCHANNAG Share Price for Tomorrow remains the same with VWAP at 213.49 will be treated as stop loss for intraday traders. Walchandnagar Industries Limited Long term investors can follow the WALCHANNAG long term trend as mentiond in future forecast table.

NSE Code

NSE: WALCHANNAG

WALCHANNAG Share Price Today

211.95

WALCHANNAG Share Price Target Prediction for 2024 ^

153.5 - 269.4

WALCHANNAG Share Price Target Prediction for 2025*^

269.4 - 287

WALCHANNAG Share Price Target Prediction for 2026*^

287 - 307.1

WALCHANNAG Share Price Target Prediction for 2027*^

322

WALCHANNAG Share Price Target Prediction for 2028*^

332

WALCHANNAG Share Price Target Prediction for 2030*^

362
WALCHANNAG Current Book Value 2023
44.1

*Walchandnagar Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^WALCHANNAG share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

WALCHANNAG Technical Analysis

Candlestick Pattern: @211.95

WALCHANNAG Moving Averages

BUY (10) NEUTRAL (0) SELL (4)
MA Simple Action S1 Expo Action E2
MA_5 196.22 BUY 202.45 BUY
MA_12 208.96 BUY 206.69 BUY
MA_20 216.12 SELL 210.05 BUY
MA_32 216.09 SELL 212.57 SELL
MA_50 216.16 SELL 211.67 BUY
MA_100 210.27 BUY 200.94 BUY
MA_200 147.24 BUY 163.52 BUY

WALCHANNAG Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 216.12 Downtrend
MACD -2 SELL
ADX 19.74 NO or Weak Trend
DMI (+/-) 24.5 / 25.08 Downtrend

WALCHANNAG Momentum Oscillators

BUY (3) NEUTRAL (7) SELL (2)
Momentum Oscillators Value Action
RSI 50.08 Neutral
STOCHASTIC_K (Fast) 96.92 Overbought
STOCHASTIC_D (Slow) 73.67 Neutral
CCI -0.84 Neutral
PSAR 219.06 SELL
TRUE RANGE 10.2 Neutral
ATR 11.59 Neutral
WILLIAMS R -51.14 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 100 Overbought
MOMENTUM -1.6 SELL

WALCHANNAG Last 1 Year Trend

Duration Value
1 Year 213.77%
3 Months -5.42%
1 Month -0.75%
1 Week 9.34%

WALCHANNAG Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 43%
NEUTRAL / HOLD 27%
SELL 30%

Most popular Questions & Answers about WALCHANNAG


Walchandnagar Industries Limited stock last traded price is 211.95. WALCHANNAG share price moved Up by 3.82% from its previous close of Rs 204.15.

Walchandnagar Industries Limited share price trend is Up with a total of 404554 stocks traded till now. It has touched an intraday high of Rs 270.781 and an intraday low of Rs 209.30. The WALCHANNAG trading at 211.95, Up by Rs. 7.80, or 3.82 percent which suggests that most of the Traders are anticipating that the price of WALCHANNAG share should go Up and the Stop Loss will be around 213.49.

The market cap of Walchandnagar Industries Limited is ₹217.2 (in Cr) as of May 15, 2024.

The current price to earning ratio for Walchandnagar Industries Limited as of May 15, 2024 is 60.32.

The current price to book ratio for Walchandnagar Industries Limited as of May 15, 2024 is 4.78.

The highest price of Walchandnagar Industries Limited stock is ₹268.10 in the last 52-week.

The lowest price of Walchandnagar Industries Limited stock is ₹49.75 in the last 52-week.

Walchandnagar Industries Limited share trading at ₹211.95, Up by Rs. 7.80, or 3.82 percent which suggests that most of the traders are anticipating that the price of WALCHANNAG share should go Up.

In 2023, Stock price target for Walchandnagar Industries Limited (WALCHANNAG) are ₹153.5 on downside and ₹269.4 on upside. Walchandnagar Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Walchandnagar Industries Limited (WALCHANNAG) are ₹269.4 on downside and ₹287 on upside. Walchandnagar Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Walchandnagar Industries Limited (WALCHANNAG) are ₹287 on downside and ₹307.1 on upside. Walchandnagar Industries Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Walchandnagar Industries Limited (WALCHANNAG) will be around ₹332 Walchandnagar Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of WALCHANNAG.

As per the fundamental analysis of Walchandnagar Industries Limited (WALCHANNAG), it is of Economical quality in terms of earnings and profit margins with an EPS of 3.29. Walchandnagar Industries Limited book value per share as of today is 44.35. The current price to book ratio for WALCHANNAG as of May 16, 2024 is 4.78.


NSE:WALCHANNAG News & Other Useful Information about WALCHANNAG Share Price


Peer Comparison of NSE: WALCHANNAG

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Engineering - Heavy

Company Price EPS BV
PRAJIND 522.95 15.35 58
GMMPFAUDLR 1382.55 17.29 156.74
VARROC 547.05 17.35 36.28
ISGEC 1009.60 30.33 264.62
IRCON 242.75 8.78 55.06
GRSE 979.45 26.27 123.42
ACE 1392.80 23.64 76.35
ELECON 1097.75 27.02 120.1
KABRAEXTRU 378.60 9.06 110.03
TDPOWERSYS 329.40 7.63 38.03
Updated at: 15 May 2024 15:58

Feel free to contact us, in case of any queries.

SITEMAP 383
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today


ADANIENT 3049.75 12.20 (0.4%) | ADANIGREEN 1835.00 46.20 (2.58%) | ADANIPORTS 1337.85 6.60 (0.5%) | ADANITRANS 1022.05 31.00 (3.13%) | AMBUJACEM 613.25 3.05 (0.5%) | APOLLOHOSP 5854.80 -8.00 (-0.14%) | ASIANPAINT 2813.00 -53.15 (-1.85%) | ATGL 916.60 7.65 (0.84%) | AUROPHARMA 1158.40 -10.20 (-0.87%) | AXISBANK 1128.00 5.15 (0.46%) | BAJAJ-AUTO 8903.15 -162.10 (-1.79%) | BAJAJFINSV 1570.75 -5.70 (-0.36%) | BAJFINANCE 6680.00 4.30 (0.06%) | BALKRISIND 2507.00 19.35 (0.78%) | BANDHANBNK 189.90 1.35 (0.72%) | BANKBARODA 263.90 3.05 (1.17%) | BEL 232.85 1.90 (0.82%) | BERGEPAINT 486.15 -8.40 (-1.7%) | BHARTIARTL 1309.90 25.60 (1.99%) | BIOCON 311.90 1.00 (0.32%) | BOSCHLTD 30930.00 -952.00 (-2.99%) | BPCL 625.05 19.10 (3.15%) | BRITANNIA 5064.00 -76.80 (-1.49%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1405.50 48.15 (3.55%) | COALINDIA 467.50 18.80 (4.19%) | COLPAL 2673.00 -146.95 (-5.21%) | DABUR 546.60 -7.95 (-1.43%) | DIVISLAB 3892.55 -3.65 (-0.09%) | DLF 825.65 -13.40 (-1.6%) | DMART 4652.45 55.40 (1.21%) | DRREDDY 5882.00 13.20 (0.22%) | EICHERMOT 4649.35 -81.20 (-1.72%) | GAIL 200.75 0.70 (0.35%) | GLAND 1776.00 10.50 (0.59%) | GODREJCP 1295.00 -11.90 (-0.91%) | GRASIM 2369.70 -2.35 (-0.1%) | GUJGASLTD 542.50 -8.90 (-1.61%) | HAVELLS 1754.15 25.05 (1.45%) | HCLTECH 1335.00 13.95 (1.06%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3762.05 84.15 (2.29%) | HDFCBANK 1440.80 -20.15 (-1.38%) | HDFCLIFE 555.95 -5.60 (-1%) | HEROMOTOCO 5057.30 13.85 (0.27%) | HINDALCO 653.70 7.05 (1.09%) | HINDUNILVR 2327.80 -21.80 (-0.93%) | HINDZINC 559.40 -0.50 (-0.09%) | ICICIBANK 1125.10 4.55 (0.41%) | ICICIGI 1652.90 -30.90 (-1.84%) | ICICIPRULI 580.35 -16.85 (-2.82%) | INDIGO 4295.50 148.15 (3.57%) | INDUSINDBK 1417.10 -3.90 (-0.27%) | INDUSTOWER 341.80 2.30 (0.68%) | INFY 1419.95 -4.75 (-0.33%) | IOB 61.90 0.05 (0.08%) | IOC 161.80 2.45 (1.54%) | ITC 427.80 -1.90 (-0.44%) | JSWSTEEL 870.95 -10.55 (-1.2%) | KOTAKBANK 1650.80 4.50 (0.27%) | LT 3411.30 31.85 (0.94%) | LTI 4649.30 14.45 (0.31%) | LUPIN 1639.10 1.95 (0.12%) | M&M 2302.30 32.40 (1.43%) | MARICO 590.80 -9.45 (-1.57%) | MARUTI 12758.50 -55.70 (-0.43%) | MCDOWELL-N 1174.25 -1.35 (-0.11%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1676.10 -1.20 (-0.07%) | NAUKRI 5941.60 -75.70 (-1.26%) | NESTLEIND 2465.00 -22.35 (-0.9%) | NMDC 267.30 2.25 (0.85%) | NTPC 361.35 5.55 (1.56%) | ONGC 273.45 0.55 (0.2%) | PEL 823.40 -6.85 (-0.83%) | PIDILITIND 2987.45 3.70 (0.12%) | PIIND 3645.95 -21.65 (-0.59%) | PNB 124.15 -1.60 (-1.27%) | POWERGRID 314.85 5.60 (1.81%) | RELIANCE 2831.70 -8.45 (-0.3%) | SAIL 166.40 1.75 (1.06%) | SBICARD 713.45 -4.95 (-0.69%) | SBILIFE 1428.80 -4.05 (-0.28%) | SBIN 820.30 2.10 (0.26%) | SHREECEM 25819.65 -205.25 (-0.79%) | SIEMENS 7119.30 458.85 (6.89%) | SRF 2290.00 3.25 (0.14%) | SUNPHARMA 1527.40 -17.85 (-1.16%) | TATACONSUM 1070.00 -15.45 (-1.42%) | TATAMOTORS 947.30 -17.35 (-1.8%) | TATAMTRDVR 637.30 -9.05 (-1.4%) | TATASTEEL 165.60 0.65 (0.39%) | TCS 3880.40 -20.80 (-0.53%) | TECHM 1276.90 1.40 (0.11%) | TITAN 3268.55 -20.35 (-0.62%) | TORNTPHARM 2652.35 21.70 (0.82%) | ULTRACEMCO 9614.10 -46.55 (-0.48%) | UPL 514.80 4.75 (0.93%) | VEDL 437.40 4.85 (1.12%) | WIPRO 458.30 1.95 (0.43%) |