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Welspun Corp trades in green despite reporting 15% fall in Q1 consolidated net profit

23 Jul 2018 Evaluate

Welspun Corp is currently trading at Rs. 109.90, up by 2.20 points or 2.04% from its previous closing of Rs. 107.70 on the BSE.

The scrip opened at Rs. 108.10 and has touched a high and low of Rs. 114.40 and Rs. 105.55 respectively. So far 66206 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 197.00 on 22-Jan-2018 and a 52 week low of Rs. 103.30 on 20-Jul-2018.

Last one week high and low of the scrip stood at Rs. 116.80 and Rs. 103.30 respectively. The current market cap of the company is Rs. 2914.83 crore.

The promoters holding in the company stood at 48.25%, while Institutions and Non-Institutions held 14.17% and 37.58% respectively.

The company has reported a fall of 80.98% in its net profit at Rs 21.33 crore for first quarter ended June 30, 2018 as compared to Rs 112.16 crore for the same quarter in the previous year. However, total income of the company increased marginally by 2.01% at Rs 1,433.54 crore for Q1FY19 as compared Rs 1,405.31 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 14.60% in its net profit at Rs 46.69 crore for the quarter under review as compared to Rs 54.67 crore for the same quarter in the previous year. However, total consolidated income of the company increased by 24.01% at Rs 2,085.51 crore for Q1FY19 as compared Rs 1,681.77 crore for the corresponding quarter previous year.

Welspun Corp Share Price

1090.90 13.55 (1.26%)
20-Apr-2026 10:29 View Price Chart
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