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Wednesday, January 25, 2017

Welspun Corp Share Price zooms over 6%


Welspun CorpWelspun Corp share price surged up by more than 6 per cent intraday to reach a high of Rs 86.80 by 10.00 AM.
Welspun Corp’s manufacturing unit at Anjar, Gujarat has been awarded with Platinum (First) Prize in the Large Size category in the Manufacturing Sector under 5th FICCI Quality Systems Excellence Awards for Industry.
Welspun Corp is currently in four businesses viz Line Pipes, Energy, Infrastructure & Steel and also enjoys a global leadership position in the first two businesses. It may be recalled that the company is already in advanced stages of demerging the parts of its business other than Line Pipes into Welspun Enterprises through a court process.

Important Fundamentals:
  • Sector- Infra-Machinery Equipment
  • Face Value (Rs.)- 5
  • Average Daily Movement [ADM]- 3.70
  • Average Volume [20 days]– 2,19,180
  • 1 Month Return (%)- (-0.50)
  • Consolidated FY 15-16 PE Ratio - 9.22
  • Consolidated Trailing PE Ratio - 31.33
  • Standalone FY 15-16 PE Ratio - 0
  • Standalone Trailing PE Ratio - 0
  • Book Value - 115.54
  • Market Cap - Rs 2096.61 (Cr)
  • % of Promoter holding pledged – 0

At 10.15 AM Welspun Corp share price was trading at Rs 83.85, up by 6.07 per cent or 4.80 points. The intraday low of the share is recorded as Rs 79.15. A total of 5,51,284 shares of the company have been traded on the counter of NSE for a total value of Rs 467.82 lacs. The Lower Price Band is 63.25 and the Upper Price Band is 94.85.
Welspun Corp is identified as one of the top 500 shares by the research and analysis team of Dynamic Levels out of all the 1700 plus stocks listed on the counter of NSE. Get the historical share price performance of Welspun Corp at Welspun Corp share price history.

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