Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Welspun Corp Limited, together with its subsidiaries, manufactures, sells, and distributes steel pipes, tubes, bars, coils, and plates in India, the United States, Saudi Arabia, and internationally. It operates through Steel Products; and Others (Including Plastic Products) segments. The company offers carbon steel line pipes comprising longitudinal submerged arc welding, helically submerged arc welding, electrical resistance welded, and high-frequency induction welding pipes; ductile iron pipes; concrete weight and anti-corrosion coatings; ductile iron pipes; stainless steel and alloy products; thermo-mechanically treated rebars and billets; pig iron; water storage tanks, interior liquid solutions, industrial containers, SMC panel tanks, packaged STP, and electrical boxes; and uPVC doors and interiors. It also provides double jointing, pipe bending, ID machining, dump site, and inventory management services; and water management solutions. In addition, the company offers plastic products; polymers and its products; basic precious and non-ferrous metals; prefabricated structures, infra project services, and turnkey projects; ship building and marine fabrication services; custom moulded products; and billet, rolled bar, black bar, ingot, bloom, and seamless pipes and tubes. Its products are used in onshore and offshore oil, gas, and water transmission; oil and gas distribution; infrastructure and housing construction; potable water distribution; water storage; refinery, petrochemical, nuclear power, fertilizer, energy and power, defense, automobile, 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 headquartered in Mumbai, India.

Revenue projections:

Revenue projections for WELCORP
Revenue projections for WELCORP

With Welspun Corp Limited's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 0.000000
forwardPE 14.404812
debtToEquity 36.774000
earningsGrowth 1.300000
revenueGrowth -0.239000
grossMargins 0.331020
operatingMargins 0.095310
trailingEps 56.140000
forwardEps 49.000000

WELCORP's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
WELCORP's forward EPS being lower than its trailing EPS suggests that the company is expected to see a decline in profitability. This signals that the company may face a challenging financial year ahead.

Price projections:

Price projections for WELCORP
Price projections for WELCORP

WELCORP's price projections have been revised higher over time, reflecting increased confidence in the company's future potential. This steady upward trend suggests analysts expect WELCORP to continue its positive trajectory.

Surpassing the higher limit of projections, WELCORP's stock price reflects significant gains. Yet, the restricted potential for further rises indicates that the stock may need to consolidate, possibly leading to increased volatility in the short term.

Insider Transactions:

Insider Transactions for WELCORP
Insider Transactions for WELCORP


Welspun Corp Limited saw 6 transactions in which shares were sold with market price at 522.558339436849.1 transactions to buy Welspun Corp Limited took place, with market price at 537.9500122070312 per share.The insider transaction data remains neutral, with no compelling trend in either direction to suggest significant changes in the company's strategy or prospects.

Recommendation changes over time:

Recommendations trend for WELCORP
Recommendations trend for WELCORP


Analysts have maintained a buy bias for WELCORP, which could prompt investors to consider the stock as a viable investment. With this positive outlook, WELCORP is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.