Welspun Corp is currently trading at Rs. 81.00, up by 1.10 points or 1.38% from its previous closing of Rs. 79.90 on the BSE.
The scrip opened at Rs. 81.30 and has touched a high and low of Rs. 83.15 and Rs. 80.00 respectively. So far 803822 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 84.40 on 09-Apr-2014 and a 52 week low of Rs. 26.65 on 21-Aug-2013.
Last one week high and low of the scrip stood at Rs. 83.15 and Rs. 77.00 respectively. The current market cap of the company is Rs. 2127.25 crore.
The promoters holding in the company stood at 38.21% while Institutions and Non-Institutions held 14.33% and 38.71% respectively.
Welspun Corp has reported around four-fold jump in its net profit at Rs 98.25 crore for the quarter ended March 31, 2014 as compared to Rs 24.88 crore for the same quarter in the previous year. However, total income from operations of the company has decreased by 25.72% at Rs 1192.51 crore for quarter under review as compared to Rs 1605.46 crore for the quarter ended March 31, 2013.
On consolidated basis, the company has reported a net profit of Rs 12.62 crore for the quarter ended March 31, 2014 as compared to a net loss of Rs 1.57 crore for the same quarter in the previous year. However, total income from operations of the company has declined by 45.72% at Rs 1534.49 crore for quarter under review as compared to Rs 2826.79 crore for the quarter ended March 31, 2013.
For the year ended March 31, 2014, the company has reported a net loss of Rs 17.54 crore as compared to net profit of Rs 53.09 crore for the same period in the previous year. Total income from operations of company has dropped by 38.67% at Rs 4067.61 crore for year under review as compared to Rs 6632.17 crore for the period ended March 31, 2013.
For the year ended March 31, 2014, on the consolidated basis, the company has posted a net profit at Rs 73.39 crore as compared to a net loss of Rs 70.31 crore for the same period in the previous year. Total income from operations of company has decreased by 15.18% at Rs 7704.72 crore for year under review as compared to Rs 9083.21 crore for the period ended March 31, 2013.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: