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WELCORP - Welspun Share Price

₹148 -7.5  -4.8%

Last Trade - 12/04/21

Sector
Basic Materials
Size
Mid Cap
Market Cap £377.0m
Enterprise Value £315.4m
Revenue £720.4m
Position in Universe 455th / 3106
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +12.4%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -10.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
84,505 73,801 60,355 63,633 89,535 99,568 63,199 68,908 +3.3%
-4.4 +116.2 -82.5 +566.5 -61.7 +875.7 -9.18 -10.3
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 31 December 2020, WelspunCorp Ltd revenues decreased 36% to RS46.2B. Net incomebefore extraordinary items decreased 24% to RS4.05B.Revenues reflect Revenue from operations decrease of 38% toRS44.19B. Basic Earnings per Share excluding ExtraordinaryItems decreased from RS20.25 to RS15.54.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for WELCORP
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
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Profile Summary

Welspun Corp Limited is a welded line pipe manufacturing company engaged in offering solution in line pipes with a capacity to manufacture longitudinal submerge-arc welded (LSAW), spiral helical submerged arc welded (HSAW) and high frequency electric resistance welded (HFERW)/high frequency induction (HFI) electrical resistance welded (ERW) pipes. The Company also offers coating, bending and double jointing facilities. The Company, together with its subsidiaries, is engaged in the business of production and coating of high-grade submerged arc welded pipes, hot rolled steel plates and coils, and power generation. Its geographical segments include India and Outside India. Its manufacturing facilities are located in India, the United States and Saudi Arabia. The Company also has a plate and coil mill facility in India. Its subsidiaries include Welspun Pipes Limited, Welspun Pipes Inc, Welspun Tradings Limited, Welspun Mauritius Holdings Limited and Welspun Wasco Coatings Private Limited.

Directors
Last Annual March 31st, 2020
Last Interim December 31st, 2020
Incorporated April 26, 1995
Public Since January 28, 1997
No. of Shareholders: 57,690
No. of Employees: 2,692
Sector Basic Materials
Industry Metals & Mining
Index
Exchange National Stock Exchange of India
Shares in Issue 260,884,395
Free Float (0.0%)
Eligible for
ISAs
SIPPs
WELCORP Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for WELCORP
Upcoming Events for WELCORP
Tuesday 31st August, 2021 Estimate
Welspun Corp Ltd Annual Shareholders Meeting
Frequently Asked Questions for Welspun
What is the Welspun share price?

As of 12/04/21, shares in Welspun are trading at ₹148, giving the company a market capitalisation of £377.0m. This share price information is delayed by 15 minutes.

How has the Welspun share price performed this year?

Shares in Welspun are currently trading at ₹148 and the price has moved by 0.117k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Welspun price has moved by 31.41% over the past year.

What are the analyst and broker recommendations for Welspun?

Of the analysts with advisory recommendations for Welspun, there are there are currently 0 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Welspun is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Welspun next release its financial results?

Welspun is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Welspun dividend yield?

The Welspun dividend yield is 0.34% based on the trailing twelve month period.

Does Welspun pay a dividend?

Last year, Welspun paid a total dividend of 0.5, and it currently has a trailing dividend yield of 0.34%. Looking ahead, Welspun has not announced an ex-dividend date yet.

When does Welspun next pay dividends?

Welspun has yet to annouce their ex-dividend date. The historic dividend yield on Welspun shares is currently 0.34%.

How do I buy Welspun shares?

To buy shares in Welspun you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Welspun?

Shares in Welspun are currently trading at ₹148, giving the company a market capitalisation of £377.0m.

Where are Welspun shares listed? Where are Welspun shares listed?

Here are the trading details for Welspun:

Country of listing: India
Exchange: NSI
Ticker Symbol: WELCORP
What kind of share is Welspun?

Based on an overall assessment of its quality, value and momentum, Welspun is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Welspun share price forecast 2021?

Shares in Welspun are currently priced at ₹148. At that level they are trading at 4.05% discount to the analyst consensus target price of 0.00.

Analysts covering Welspun currently have a consensus Earnings Per Share (EPS) forecast of 23.2 for the next financial year.

How can I tell whether the Welspun share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Welspun. Over the past six months, the relative strength of its shares against the market has been 4.34%. At the current price of ₹148, shares in Welspun are trading at 28.01% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Welspun PE Ratio?

The Welspun PE ratio based on its reported earnings over the past 12 months is 7.17. The shares are currently trading at ₹148.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Welspun?

Welspun's management team is headed by:

Bal Goenka - NEC
Rajesh Mandawewala - MDR
Pradeep Joshi - CCO
Revathy Ashok - NID
Akhil Jindal - FID
Vipul Mathur - CEO
T. Kathayat - CEX
Gaurang Desai - CEX
David Delie - CEX
Skip Herald - CEX
Prasanta Mukherjee - CTO
Desh Dogra - IND
Percy Birdy - CFO
Amita Misra - IND
Dipali Goenka - NED
Who are the major shareholders of Welspun?

Here are the top five shareholders of Welspun based on the size of their shareholding:

Balkrishan (Goenka) Individual Investor
Percentage owned: 44.87% (117.1m shares)
LIC Mutual Fund Asset Management Company Ltd. Investment Advisor
Percentage owned: 3.49% (9.11m shares)
Bhansali (Akash) Individual Investor
Percentage owned: 3.14% (8.20m shares)
Nippon Life India Asset Management Limited Investment Advisor
Percentage owned: 2.88% (7.51m shares)
Nippon India Equity Hybrid Fund Mutual Fund
Percentage owned: 2.68% (7.00m shares)
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