Welspun Corp Limited Share Price Today

Techno Funda Ratings

RS Rating
98
Weak
EPS Rating
23
A/D Rating
A+
Excellent

Key Metrics

Current Price

₹1581.5

Market Cap

₹ 41,812 Cr.

Stock P/E

25.9

ROE

19.4 %

RSI

49.67

Trend

Bullish

Share Price Chart

Technical Commentary

Welspun Corp Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of A+, a Relative Strength Rating of 98 and an EPS Rating of 23. TI65 trend indicator currently remains Bullish.

Buy or Sell Analysis

Speculative Momentum Phase (Neutral / Hold). Welspun Corp Ltd is trading above its 50 DMA (1428.83), but it lacks the powerful fundamental support typically required to sustain an extended bull run, as evidenced by a trailing Stock P/E of 25.9 and an ROE of 19.4%. Market relative strength is mediocre (RS Rating: 98), indicating that current price discovery is driven by short-term speculative indexing rather than aggressive institutional backing (A/D Grade: A+). While short-term long positions remain valid as long as the price stays above key support floors, conservative market participants should avoid sizing up heavily here. Maintain a neutral profile, trail defensive stops tightly below the 50 DMA, and watch for a decisive high-volume catalyst.

Company Overview

WCL is one of the largest manufacturers of large diameter pipes globally. The company also manufactures BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated) Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. The company acquired Sintex-BAPL, a market leader in water tanks and other plastic products, to expand its building materials portfolio. It has also made strategic acquisition of specified assets of ABG Shipyard. [1]

Welspun Corp Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Welspun Corp Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Welspun Corp Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

Swipe table horizontally →
IndicatorValue
Current Price1581.5
RSI (14)49.67
50 DMA1428.83
200 DMA1011.89
TrendBullish
A/D RatingA+
RS Rating98
EPS Rating23
TI651.19
TI65 TrendBullish

Pivot Points Analysis

Daily pivot points for Welspun Corp Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

Swipe table horizontally →
LevelValue
R3₹1778
R2₹1736.5
R1₹1659
PP₹1617.5
S1₹1540
S2₹1498.5
S3₹1421

Financial Ratios

Swipe table horizontally →
MetricValue
Market Cap₹ 41,812 Cr.
Current Price₹ 1,582
High / Low₹ 1,699 / 710
Stock P/E25.9
Book Value₹ 347
Dividend Yield0.32 %
ROCE22.9 %
ROE19.4 %
Face Value₹ 5.00

Quarterly Results

Swipe table horizontally →
QuarterSalesProfitOPM
Mar 20234,07024010%
Jun 20234,0691689%
Sep 20234,05938710%
Dec 20234,75029410%
Mar 20244,4612877%
Jun 20243,13724812%
Sep 20243,30228312%
Dec 20243,61467212%
Mar 20253,92569912%
Jun 20253,55134915%
Sep 20254,37444414%
Dec 20254,53245614%
Mar 20264,31337112%

Shareholding Pattern

Swipe table horizontally →
HolderHolding
Promoters 45.99%
FIIs 5.02%
DIIs 9.67%
Government 0.00%
Public 39.32%
Others 0.00%
No. of Shareholders58,103

Pros and Cons

Pros

  • Healthy return on equity of 19.4% indicating strong capital allocation efficiency.
  • Strong technical momentum with price holding comfortably above the 50 DMA (1428.83).
  • Outperforming over 70% of the entire market universe over the past 12 months.

Cons

    Related NSE Stocks

    Frequently Asked Questions

    What is the current technical trend and RSI for Welspun Corp Ltd share?

    Based on the latest closing data, the technical momentum for Welspun Corp Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 49.67, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (1428.83) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for Welspun Corp Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for Welspun Corp Ltd today centers at a Pivot Point (PP) of ₹1617.5. Upside resistance challenges are calculated at R1: ₹1659, R2: ₹1736.5, and R3: ₹1778. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹1540, S2: ₹1498.5, and S3: ₹1421.

    How does the fundamental ROE and P/E ratio look for Welspun Corp Ltd?

    Welspun Corp Ltd is currently trading with a valuation metrics context of a Stock P/E of 25.9, against a core structural efficiency Return on Equity (ROE) standing at 19.4 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 23, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell Welspun Corp Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Speculative Momentum Phase (Neutral / Hold). Welspun Corp Ltd is trading above i... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of A+, a Relative Strength (RS) ranking of 98, and long-term trend backing from the TI65 indicator (Bullish pattern).

    🟣 Zerodha Best Overall 🟢 FYERS Best Charts 🔵 Upstox Beginner Friendly