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Welspun Corp Ltd.
Share Price Target & Analysis

NSE:WELCORP

700.3

VWAP

698.35

Open

691.5

Close

705

High

688

Low

806

52 Week High

700.60 ⇧
9.10 (1.32%)

WELCORP

(METALS)
71.2% Momentum

Sideways to Positive

440.15

52 Week Low

16.48

EPS

29.98

PE

5.16

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 700.60, this results in a dividend yield of 0.71 %.

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 16.48. NSE:WELCORP book value per share as of today is 135.86. The current price to book ratio for WELCORP as of Nov 23, 2024 is 5.16.

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 45.77% is very crucial parameter which shows that 45.77% investors are anticipating that the price of WELCORP share should go up with VWAP at 700.3.

Now, the main question is whether to BUY or SELL, NSE:WELCORP at current valuation.
As per latest Analysis No. #2911:-

⇑ 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 (Nov 23, 2024)

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

Welspun Corp Ltd. share price moved Up by 1.32% from its previous close of Rs 691.5. WELCORP stock last traded price is 700.60. WELCORP share price trend is Up with a total of 769580 stocks traded till now. It has touched an intraday high of Rs 705 and an intraday low of Rs 688. The WELCORP trading at 700.60, Up by Rs. 9.10, or 1.32 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 1.32%. WELCORP share price short term trend is Up. It suggests that WELCORP Share Price for Tomorrow remains the same with VWAP at 700.3 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

 700.60

WELCORP Share Price Target Prediction for 2024 ^

 599.3 - 810

WELCORP Share Price Target Prediction for 2025*^

 810 - 862.9

WELCORP Share Price Target Prediction for 2026*^

 862.9 - 923.3

WELCORP Share Price Target Prediction for 2027*^

 969

WELCORP Share Price Target Prediction for 2028*^

 997

WELCORP Share Price Target Prediction for 2030*^

 1087
WELCORP Current Book Value 2023
135.2

*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: @678.3

WELCORP Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 728.55 SELL 715.43 SELL
MA_12 738.47 SELL 729.71 SELL
MA_20 727.87 SELL 728.47 SELL
MA_32 724.25 SELL 722.22 SELL
MA_50 713.11 SELL 713.27 SELL
MA_100 695.53 SELL 689.11 SELL
MA_200 619.95 BUY 623.18 BUY

WELCORP Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 727.87 Downtrend
MACD -6.38 SELL
ADX 14.98 NO or Weak Trend
DMI (+/-) 17.08 / 30.17 Downtrend

WELCORP Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 39.37 Neutral
STOCHASTIC_K (Fast) -1.08 Oversold
STOCHASTIC_D (Slow) 6.46 Oversold
CCI -148.06 SELL
PSAR 803.6 SELL
TRUE RANGE 29.7 Neutral
ATR 30.92 Neutral
WILLIAMS R -96.38 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -43.35 SELL

WELCORP Last 1 Year Trend

Duration Value
1 Year 28.17%
3 Months 0.87%
1 Month -6.01%
1 Week -15.07%

WELCORP Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 17%
SELL 77%

Most popular Questions & Answers about WELCORP


Welspun Corp Ltd. stock last traded price is 700.60. WELCORP share price moved Up by 1.32% from its previous close of Rs 691.5.

Welspun Corp Ltd. share price trend is Up with a total of 769580 stocks traded till now. It has touched an intraday high of Rs 814.06 and an intraday low of Rs 688. The WELCORP trading at 700.60, Up by Rs. 9.10, or 1.32 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 700.3.

The market cap of Welspun Corp Ltd. is ₹4686.7 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Welspun Corp Ltd. as of Nov 22, 2024 is 29.98.

The current price to book ratio for Welspun Corp Ltd. as of Nov 22, 2024 is 5.16.

The highest price of Welspun Corp Ltd. stock is ₹806 in the last 52-week.

The lowest price of Welspun Corp Ltd. stock is ₹440.15 in the last 52-week.

Welspun Corp Ltd. share trading at ₹700.60, Up by Rs. 9.10, or 1.32 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 ₹599.3 on downside and ₹810 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 ₹810 on downside and ₹862.9 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 ₹862.9 on downside and ₹923.3 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 ₹997 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.

The price of Welspun Corp Ltd. (WELCORP) shares moved by 1.32%. The short-term trend for WELCORP share price is Up. It implies that the share price of WELCORP will stay the same tomorrow and that intraday traders should treat VWAP at 700.3 as a stop loss. Investors with a long-term outlook can track WELCORP long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of WELCORP stock is 197.6. Compared to the current market price of 700.60 INR, the WELCORP stock is Overvalued by 71.8%.

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 16.48. Welspun Corp Ltd. book value per share as of today is 135.86. The current price to book ratio for WELCORP as of Nov 23, 2024 is 5.16.


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 1418.25 9.32 104.11
RATNAMANI 3466.25 72.81 459.57
WELCORP 700.60 16.48 135.86
MAHSEAMLES 641.00 64.46 418.64
JINDALSAW 297.00 29.78 159.36
SURYAROSNI 565.05 29.63 198.83
GOODLUCK 944.00 44.83 311.61
HITECH 165.30 2.41 25.65
MANINDS 297.65 17.55 195.65
GANDHITUBE 755.25 47.84 183.33
Updated at: 22 Nov 2024 15:41

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