Welspun Corp Ltd. (WELCORP) Share Price Hits Fresh 52-Week High

Welspun Corp Ltd. Share Price hits a fresh 52-week high at Rs 1,699.55, rising 3.34% today. Market cap stands at Rs 42,197.27 crore.

Welspun Corp Ltd. Share Price reached a new 52-week high of Rs 1,699.55 today, marking a 3.34% increase from the previous close of Rs 1,641. The company's market capitalisation is now Rs 42,197.27 crore. This milestone highlights investor interest in Welspun Corp Ltd., a key player in the Iron & Steel sector. The stock's performance today is noteworthy, although the data does not specify a company-specific catalyst for this surge.

Welspun Corp Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,695.75
Previous Close	Rs 1,641
Today's Change	+Rs 54.75 (+3.34%)
Day Open	Rs 1,654
Fresh 52-Week High	Rs 1,699.55
Day Low	Rs 1,629.05
Current Volume	16,340
Turnover	Rs 2.77 crore
Market Capitalisation	Rs 42,197.27 crore

Today, Welspun Corp Ltd. opened at Rs 1,654 and reached a high of Rs 1,699.55, setting a fresh 52-week high. The stock's low for the day was Rs 1,629.05. With a turnover of Rs 2.77 crore and a current volume of 16,340 shares, the volume participation indicates active trading. The stock's breakout from the previous close of Rs 1,641 to the new high demonstrates strong investor interest.

Welspun Corp Ltd. (WELCORP) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 42,197.27 crore
P/E Ratio	28.61x
P/B Ratio	1.89x
ROE	24.68%
ROCE	22.3%

Welspun Corp Ltd. was valued at a P/E ratio of 28.61x, a P/B ratio of 1.89x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 24.68% and ROCE of 22.3%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Sector and Industry Context

Metric	Value
Sector	Iron & Steel
Benchmark Scope	same sector
Company P/E Ratio	28.61x
Benchmark Median P/E	14.73x
Benchmark Average P/E	29.89x
Benchmark P/E Range	0x to 386.75x
Company P/B Ratio	1.89x
Benchmark Median P/B	1.36x
Company ROE	24.68%
Benchmark Median ROE	4.54%
Company ROCE	22.3%
Benchmark Median ROCE	9.68%
Company Market Capitalisation	Rs 42,197.27 crore
Benchmark Median Market Cap	Rs 144.23 crore

Welspun Corp Ltd. (WELCORP) is classified under sector: Iron & Steel. The numerical benchmark uses 118 same sector companies from the supplied master-data set.

Welspun Corp Ltd. (WELCORP) has a P/E ratio of 28.61x, which is above the benchmark median of 14.73x, a difference of +94.23%. The benchmark contains 118 companies with P/E data, ranging from 0x to 386.75x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Welspun Corp Ltd. (WELCORP) has a ROE of 24.68%, which is above the benchmark median of 4.54%, a difference of +443.61%. Welspun Corp Ltd. (WELCORP) has a ROCE of 22.3%, which is above the benchmark median of 9.68%, a difference of +130.37%.

Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
JTL Industries Ltd	JTLIND	2,877.36	28.61	1.89	24.68	22.3
Vardhman Special Steels Ltd.	VSSL	2,874.44	30.79	3.53	10.14	12.97
Rhetan TMT Ltd.	RHETAN	2,353.17	228.53	21.67	3.76	4.11
Prakash Industries Ltd.	PRAKASH	2,248.37	6.66	0.62	3.29	4.87
Pennar Industries Ltd.	PENIND	2,239.08	16.12	1.91	0.41	6.85

Welspun Corp Ltd. (WELCORP) has a P/E ratio of 28.61x compared with the displayed peer median of 28.61x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 24.68% compares with a peer median of 3.76% across the companies shown in the table. ROCE stood at 22.3% versus the displayed peer median of 6.85%, providing a capital-efficiency comparison. Welspun Corp Ltd. (WELCORP) has a market capitalisation of Rs 42,197.27 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Why Investors Are Watching Welspun Corp Ltd.

• Fresh 52-week high at Rs 1,699.55, indicating strong price momentum.
• Market capitalisation of Rs 42,197.27 crore, highlighting significant market presence.
• Strong ROE and ROCE compared to sector medians, showcasing operational efficiency.
• Competitive valuation metrics within the Iron & Steel sector.

About Welspun Corp Ltd.

Welspun Corp Ltd. is a prominent player in the Iron & Steel sector, focusing on manufacturing and supplying pipes and related products. The company serves various industries, including oil and gas, water, and infrastructure. With a strong market presence and a commitment to quality, Welspun Corp Ltd. continues to be a key contributor to the sector's growth.

Track Welspun Corp Ltd. Share Price on Univest

Use Welspun Corp Ltd. (WELCORP) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.

Track Welspun Corp Ltd. Share Price, technical indicators, fundamental ratios, shareholding pattern, 52-week levels, and market insights on Univest for comprehensive analysis.

Frequently Asked Questions

What is the current share price of Welspun Corp Ltd.?

Ans. The current share price of Welspun Corp Ltd. is Rs 1,695.75, reflecting a 3.34% increase from the previous close. The stock moved 3.34% during the session. The intraday range extended from Rs 1,629.05 to Rs 1,699.55.

What is Welspun Corp Ltd.'s market capitalisation?

Ans. Welspun Corp Ltd.'s market capitalisation is Rs 42,197.27 crore, indicating its significant size within the Iron & Steel sector. The company operates in the Iron & Steel sector. Its P/E ratio is 28.61x.

How does Welspun Corp Ltd.'s P/E ratio compare to the sector?

Ans. Welspun Corp Ltd.'s P/E ratio of 28.61 is slightly below the sector average of 29.89 but above the median of 14.73. The company trades at a P/E ratio of 28.61x.

What is Welspun Corp Ltd.'s return on equity (ROE)?

Ans. Welspun Corp Ltd.'s ROE is 24.68%, significantly higher than the sector median of 4.54%, indicating efficient use of equity. ROE stands at 24.68%. ROCE stands at 22.3%. The relevant peer median ROE is 4.54%.

How does Welspun Corp Ltd.'s ROCE compare to the sector?

Ans. Welspun Corp Ltd.'s ROCE of 22.3% is above the sector median of 9.68%, reflecting strong operational efficiency. ROE stands at 24.68%. ROCE stands at 22.3%. The relevant peer median ROE is 4.54%.

What is the 52-week high for Welspun Corp Ltd.?

Ans. The 52-week high for Welspun Corp Ltd. is Rs 1,699.55, achieved today. The stock moved 3.34% during the session. The intraday range extended from Rs 1,629.05 to Rs 1,699.55. Its market capitalisation is Rs 42,197.27 crore.

What is Welspun Corp Ltd.'s P/B ratio?

Ans. Welspun Corp Ltd.'s P/B ratio is 1.89, aligning with the sector average, indicating a fair valuation relative to its book value. The company trades at a P/E ratio of 28.61x.

How does Welspun Corp Ltd. compare to its peers?

Ans. Welspun Corp Ltd. has a competitive P/E ratio and strong ROE and ROCE compared to peers like JTL Industries Ltd. and Vardhman Special Steels Ltd. Comparable listed companies include JTL Industries Ltd, Vardhman Special Steels Ltd., Rhetan TMT Ltd.

Where can I track Welspun Corp Ltd. share price?

Ans. You can track Welspun Corp Ltd. share price, technical indicators, and market insights on Univest for comprehensive analysis. The stock moved 3.34% during the session. The intraday range extended from Rs 1,629.05 to Rs 1,699.55.