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Welspun Corp Ltd.
Share Price Target & Analysis

NSE:WELCORP

624.01

VWAP

614.20

Open

601.95

Close

631.90

High

610.00

Low

631.90

52 Week High

629.00 ⇧
19.20 (3.15%)

WELCORP

(METALS)
99.3% Momentum

Trending & Favourite

230.35

52 Week Low

21.49

EPS

30.93

PE

4.74

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 629.00, this results in a dividend yield of 0.79 %.

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 18, 2024 is 4.74.

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 624.01.

Now, the main question is whether to BUY or SELL, NSE:WELCORP at current valuation.
As per latest Analysis No. #2587:-

⇑ 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 18, 2024)

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

Welspun Corp Ltd. share price moved Up by 3.15% from its previous close of Rs 601.95. WELCORP stock last traded price is 629.00. WELCORP share price trend is Up with a total of 457305 stocks traded till now. It has touched an intraday high of Rs 631.90 and an intraday low of Rs 610.00. The WELCORP trading at 629.00, Up by Rs. 19.20, or 3.15 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 3.15%. WELCORP share price short term trend is Up. It suggests that WELCORP Share Price for Tomorrow remains the same with VWAP at 624.01 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

 629.00

WELCORP Share Price Target Prediction for 2024 ^

 415.4 - 635

WELCORP Share Price Target Prediction for 2025*^

 635 - 676.5

WELCORP Share Price Target Prediction for 2026*^

 676.5 - 723.9

WELCORP Share Price Target Prediction for 2027*^

 760

WELCORP Share Price Target Prediction for 2028*^

 782

WELCORP Share Price Target Prediction for 2030*^

 852
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: @598.95

WELCORP Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 581.01 BUY 587.8 BUY
MA_12 582.45 BUY 580.86 BUY
MA_20 572.53 BUY 575.82 BUY
MA_32 565.24 BUY 568.21 BUY
MA_50 552.31 BUY 562.4 BUY
MA_100 557.57 BUY 547.22 BUY
MA_200 485.88 BUY 486.87 BUY

WELCORP Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 572.53 Uptrend
MACD 0.63 BUY
ADX 15.03 NO or Weak Trend
DMI (+/-) 29.17 / 19.5 Uptrend

WELCORP Momentum Oscillators

BUY (6) NEUTRAL (3) SELL (3)
Momentum Oscillators Value Action
RSI 58.66 Neutral
STOCHASTIC_K (Fast) 89.06 Overbought
STOCHASTIC_D (Slow) 77.79 Neutral
CCI 131.88 BUY
PSAR 609.85 SELL
TRUE RANGE 16.9 SELL
ATR 24.24 SELL
WILLIAMS R -19.96 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 86.49 Overbought
MOMENTUM 30 BUY

WELCORP Last 1 Year Trend

Duration Value
1 Year 162.35%
3 Months 2.04%
1 Month 5.27%
1 Week 1.44%

WELCORP Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 77%
NEUTRAL / HOLD 13%
SELL 10%

Most popular Questions & Answers about WELCORP


Welspun Corp Ltd. stock last traded price is 629.00. WELCORP share price moved Up by 3.15% from its previous close of Rs 601.95.

Welspun Corp Ltd. share price trend is Up with a total of 457305 stocks traded till now. It has touched an intraday high of Rs 638.219 and an intraday low of Rs 610.00. The WELCORP trading at 629.00, Up by Rs. 19.20, or 3.15 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 624.01.

The market cap of Welspun Corp Ltd. is ₹4686.7 (in Cr) as of May 17, 2024.

The current price to earning ratio for Welspun Corp Ltd. as of May 17, 2024 is 30.93.

The current price to book ratio for Welspun Corp Ltd. as of May 17, 2024 is 4.74.

The highest price of Welspun Corp Ltd. stock is ₹631.90 in the last 52-week.

The lowest price of Welspun Corp Ltd. stock is ₹230.35 in the last 52-week.

Welspun Corp Ltd. share trading at ₹629.00, Up by Rs. 19.20, or 3.15 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 ₹415.4 on downside and ₹635 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 ₹635 on downside and ₹676.5 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 ₹676.5 on downside and ₹723.9 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 ₹782 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 18, 2024 is 4.74.


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 1677.00 16.35 104.11
RATNAMANI 3247.55 90.81 385.03
WELCORP 629.00 21.49 132.7
MAHSEAMLES 829.45 79.23 350.88
JINDALSAW 550.15 50.24 318.72
SURYAROSNI 579.90 30.22 342.14
GOODLUCK 896.85 38.7 188.62
HITECH 125.10 2.14 23.39
MANINDS 366.90 18.45 155.27
GANDHITUBE 839.20 43.35 149.85
Updated at: 17 May 2024 15:59

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