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Welspun Corp Limited
WELCORP | NSE
714.85
INR-15.30
-2.10%
WELCORP | NSE
About Welspun Corp Limited
Sector
Basic Materials
Industry
Steel
Earnings date
31/03/2024
As of date
18/10/2024
Close
714.85
Open
720.15
High
723.70
Low
705.50
Welspun Corp Limited together with its subsidiaries manufactures and sells steel pipes and coatings plates and coils in the United States Saudi Arabia and India. The company offers helically longitudinally and electric resistance welded pipes; pig iron and ductile iron pipes; billets and thermo mechanically treated rebars; stainless steel pipes tubes and bars as well as double jointing pipe bending ID machining and dump site and inventory management services. Its products are used in onshore and offshore oil gas and water transmission; downstream oil and gas distribution; anti-corrosion; infrastructure and housing construction; potable water distribution; petrochemicals nuclear power fertilizers energy and power defense railways and aerospace; and forging and engineering industries. The company was formerly known as Welspun Gujarat Stahl Rohren Limited and changed its name to Welspun Corp Limited in April 2010. Welspun Corp Limited was incorporated in 1995 and is based in Mumbai India.
View LessWELCORP | NSE
Risk
38.9
Sharpe
1.86
Luna's Score
57/100
Recommendation
Hold
Luna says (WELCORP | NSE)
What's Working
Positive Momentum
Low Debt to Asset (< 0.2)
Strong Sharpe Ratio (> 1.2)
What's not Working
Midcap (2B - 10B USD)
High Market Beta (> 0.8)
Weak Operating Margin (< 10%)
Declining Revenue (< 0%)
Volatility Signals
Bearish: Increased Volatility (6-month > 1-month volatility)
Risk Meter
10 days
34.0%1 month
38.9%3 months
36.5%6 months
44.8%Returns
Fundamental Ratios
PE
15.72
Fwd. PE
-
Price to book
3.41
Debt to equity
0.35
Debt to assets
0.16
Ent. to EBITDA
9.53
Ent. to rev.
1.16
PEG
-
Other Fundamentals
EBITDA
15.84B
MarketCap
187.48B
MarketCap(USD)
2.26B
Div. yield
0.70
Op. margin
9.22
Erngs. growth
50.20
Rev. growth
-22.90
Ret. on equity
21.48
Short ratio
-
Short perc.
-
Market Sentiment (SMA and Price signals)
Short-term: Bearish (SMA10D < SMA1M)
Intermediate-term: Bullish (SMA1M > SMA3M)
Long-term: Bullish (SMA6M > SMA12M)
SMAs: Stock Price Trends
Range10D
75.90
Range1M
114.30
Range3M
168.70
Volumes: Market Activity
Rel. volume
0.47
Price X volume
283.64M
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | 9.53 | 22.37 | Cheaper |
| Ent. to Revenue | 1.16 | 2.29 | Cheaper |
| PE Ratio | 15.72 | 26.54 | Cheaper |
| Price to Book | 3.41 | 4.49 | Cheaper |
| Dividend Yield | 0.70 | 0.78 | Par |
| Std. Deviation (3M) | 36.47 | 46.66 | Lower Risk |
| Debt to Equity | 0.35 | 0.47 | Cheaper |
| Debt to Assets | 0.16 | 0.28 | Cheaper |
| Market Cap | 187.48B | 182.58B | Par |
