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Welspun Corp Ltd.
Share Price Target & Analysis

NSE:WELCORP

600.46

VWAP

597.95

Open

593.4

Close

609.00

High

592.10

Low

623.90

52 Week High

598.95 ⇧
5.55 (0.94%)

WELCORP

(METALS)
93.8% Momentum

Trending & Favourite

223.50

52 Week Low

21.49

EPS

30.41

PE

4.51

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: WELCORP Share Price Financial Analysis & Valuation

Welspun Corp Ltd. (WELCORP) is broadly categorized in METALS segment industry which deals in Steel - Tubes & Pipes vertical. It is one of Mid Cap company with Market Capitalization of Rs 4686.7 (in Cr). Total number of free float shares are 26.5 (in Lacs). Welspun Corp Ltd. is listed on NSE with Exchange ID - INE191B01025 and trading code is NSE:WELCORP with short name Welspun Corp.

In the past 1 year, Welspun Corp Ltd. has declared an equity dividend of Rs 5 per share. At the current share price of WELCORP at Rs 598.95, this results in a dividend yield of 0.83 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:WELCORP, it is clearly understood that WELCORP is Economical performer in terms of earnings and profit margins with an EPS of 21.49. NSE:WELCORP book value per share as of today is 132.70. The current price to book ratio for WELCORP as of May 15, 2024 is 4.51.

Valuation of the Stock: The current valuation of WELCORP stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of WELCORP whether to BUY this stock at current valuation. The delivery percentage of WELCORP is 42.72% is very crucial parameter which shows that 42.72% investors are anticipating that the price of WELCORP share should go up with VWAP at 600.46.

Now, the main question is whether to BUY or SELL, NSE:WELCORP at current valuation.
As per latest Analysis No. #2582:-

⇑ STRONG BUY WELCORP if All Greens

⇗ BUY WELCORP (at Lower Levels) if any 2 Greens

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

⇘ SELL WELCORP if NO Green Indicator

NSE: WELCORP Share Price Today (May 15, 2024)

(Welspun Corp Ltd. Daily Analysis on the basis of WELCORP Intraday Graph & Trend)

Welspun Corp Ltd. share price moved Up by 0.94% from its previous close of Rs 593.4. WELCORP stock last traded price is 598.95. WELCORP share price trend is Up with a total of 865276 stocks traded till now. It has touched an intraday high of Rs 609.00 and an intraday low of Rs 592.10. The WELCORP trading at 598.95, Up by Rs. 5.55, or 0.94 percent which suggests that most of the Traders are anticipating that the price of WELCORP share should go Up.

NSE: WELCORP Share Price Tomorrow Prediction

(Welspun Corp Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of WELCORP)

Welspun Corp Ltd. share price moved Up by 0.94%. WELCORP share price short term trend is Up. It suggests that WELCORP Share Price for Tomorrow remains the same with VWAP at 600.46 will be treated as stop loss for intraday traders. Welspun Corp Ltd. Long term investors can follow the WELCORP long term trend as mentiond in future forecast table.

NSE Code

NSE: WELCORP

WELCORP Share Price Today

 598.95

WELCORP Share Price Target Prediction for 2024 ^

 408.2 - 627

WELCORP Share Price Target Prediction for 2025*^

 627 - 667.9

WELCORP Share Price Target Prediction for 2026*^

 667.9 - 714.7

WELCORP Share Price Target Prediction for 2027*^

 750

WELCORP Share Price Target Prediction for 2028*^

 772

WELCORP Share Price Target Prediction for 2030*^

 841
WELCORP Current Book Value 2023
132

*Welspun Corp Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^WELCORP 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.

WELCORP Technical Analysis

Candlestick Pattern: @570.35

WELCORP Moving Averages

BUY (13) NEUTRAL (0) SELL (1)
MA Simple Action S1 Expo Action E2
MA_5 570.93 SELL 568.27 BUY
MA_12 560.14 BUY 561.67 BUY
MA_20 560.98 BUY 557.7 BUY
MA_32 544.28 BUY 553.21 BUY
MA_50 544.76 BUY 550.11 BUY
MA_100 552.67 BUY 536.74 BUY
MA_200 470.79 BUY 475.35 BUY

WELCORP Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 560.98 Uptrend
MACD 1.38 BUY
ADX 15.03 NO or Weak Trend
DMI (+/-) 26.33 / 23.37 Uptrend

WELCORP Momentum Oscillators

BUY (2) NEUTRAL (8) SELL (2)
Momentum Oscillators Value Action
RSI 56.12 Neutral
STOCHASTIC_K (Fast) 57.86 Neutral
STOCHASTIC_D (Slow) 73.03 Neutral
CCI 51.07 Neutral
PSAR 523.98 BUY
TRUE RANGE 11 SELL
ATR 21.04 SELL
WILLIAMS R -29.54 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 40.03 Neutral
STOCHASTIC RSI D 70.48 Neutral
MOMENTUM 51.9 BUY

WELCORP Last 1 Year Trend

Duration Value
1 Year 159.19%
3 Months -2.91%
1 Month 10.01%
1 Week 3.62%

WELCORP Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 60%
NEUTRAL / HOLD 30%
SELL 10%

Most popular Questions & Answers about WELCORP


Welspun Corp Ltd. stock last traded price is 598.95. WELCORP share price moved Up by 0.94% from its previous close of Rs 593.4.

Welspun Corp Ltd. share price trend is Up with a total of 865276 stocks traded till now. It has touched an intraday high of Rs 630.139 and an intraday low of Rs 592.10. The WELCORP trading at 598.95, Up by Rs. 5.55, or 0.94 percent which suggests that most of the Traders are anticipating that the price of WELCORP share should go Up and the Stop Loss will be around 600.46.

The market cap of Welspun Corp Ltd. is ₹4686.7 (in Cr) as of May 14, 2024.

The current price to earning ratio for Welspun Corp Ltd. as of May 14, 2024 is 30.41.

The current price to book ratio for Welspun Corp Ltd. as of May 14, 2024 is 4.51.

The highest price of Welspun Corp Ltd. stock is ₹623.90 in the last 52-week.

The lowest price of Welspun Corp Ltd. stock is ₹223.50 in the last 52-week.

Welspun Corp Ltd. share trading at ₹598.95, Up by Rs. 5.55, or 0.94 percent which suggests that most of the traders are anticipating that the price of WELCORP share should go Up.

In 2023, Stock price target for Welspun Corp Ltd. (WELCORP) are ₹408.2 on downside and ₹627 on upside. Welspun Corp Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Welspun Corp Ltd. (WELCORP) are ₹627 on downside and ₹667.9 on upside. Welspun Corp Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Welspun Corp Ltd. (WELCORP) are ₹667.9 on downside and ₹714.7 on upside. Welspun Corp Ltd. 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 Welspun Corp Ltd. (WELCORP) will be around ₹772 Welspun Corp Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of WELCORP.

As per the fundamental analysis of Welspun Corp Ltd. (WELCORP), it is of Economical quality in terms of earnings and profit margins with an EPS of 21.49. Welspun Corp Ltd. book value per share as of today is 132.70. The current price to book ratio for WELCORP as of May 15, 2024 is 4.51.


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


Peer Comparison of NSE: WELCORP

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

Sector: Steel - Tubes & Pipes

Company Price EPS BV
APLAPOLLO 1585.00 16.35 104.11
RATNAMANI 3153.40 90.81 385.03
WELCORP 598.95 21.49 132.7
MAHSEAMLES 804.40 79.23 350.88
JINDALSAW 547.80 50.24 318.72
SURYAROSNI 577.85 34.97 171.07
GOODLUCK 875.35 38.7 188.62
HITECH 124.40 2.14 23.39
MANINDS 380.15 18.45 155.27
GANDHITUBE 823.00 43.35 149.85
Updated at: 15 May 2024 15:41

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