Welspun Enterprises Ltd

NSE
WELENT •
BUY

1W Return

-%

1M Return

-%

6M Return

-%

1Y Return

-%

3Y Return

-%

Start SIP in Welspun Enterprises Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
154.27% Gain from 52W Low
-4.8
TTM PE Ratio
Below industry Median
11.6
Price to Book Ratio
Below industry Median
1.8
Dividend yield 1yr %
Low in industry
0.3
TTM PEG Ratio
PEG TTM is negative
-0.3
RSI
RSI is mid-range
35
MFI
MFI strongly Oversold
13

Welspun Enterprises Ltd Key Financials

*All values are in ₹ Cr.

Welspun Enterprises Ltd shareholding Pattern

Promoter
54.5%
Foreign Institutions
4.6%
Domestic Institutions
5.2%
Public
34.2%

Welspun Enterprises Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
3
Bearish Moving Averages
13
5Day EMA
319.40
10Day EMA
327.70
12Day EMA
330.00
20Day EMA
335.10
26Day EMA
336.40
50Day EMA
334.10
100Day EMA
318.20
200Day EMA
281.00
Delivery & Volume
Resistance & Support
311.93
Pivot
Resistance
First Resistance
319.37
Second Resistance
330.43
Third Resistance
337.87
Support
First Support
300.87
Second support
293.43
Third Support
282.37
Relative Strength Index
34.97
Money Flow Index
12.95
MACD
-6.37
MACD Signal
-1.29
Average True Range
14.63
Average Directional Index
26.63
Rate of Change (21)
-11.27
Rate of Change (125)
14.12

Welspun Enterprises Ltd Company background

Founded in: 1994
Managing director: Sandeep Garg
Welspun Enterprises Ltd (formerly knowns as Welspun Projects Ltd) is an Indiabased company. The company is engaged in the civil construction contract. They are offering various types of works, such as mass housing and township, multistoried buildings, industrial projects for coal mines, fertilizer plants, petrochemicals and water retaining structures. Their subsidiaries include MSK Projects (Himatnagar Bypass) Pvt Ltd, Super Infrastructure Toll Bridge Pvt Ltd and MSK Projects (Kim Mandvi Corridor) Pvt Ltd. The company has been undertaking the projects for residential township, industrial projects, and infrastructure development projects specially road sector on buildoperate and transfer (BOT) basis. They are also serving and executing industrial projects for various large scales private as well as public sector companies engaged in the business of petrochemical, fertilizers, pharmaceutical, mining etc.The company has also ventured into water distribution projects and other surface transport projects involving construction of public utilities. MSK Projects is presently implementing a project which is arguably the second project in the country involving construction of dedicated water supply infrastructure from a perennial source to medium and large scale Industries in a large Industrial area in Dewas in Madhya Pradesh.MSK Projects (India) Ltd was incorporated on December 20, 1994. The company had had started construction business in the year 1976 as a partnership firm with the name of M. S. Khurana. The company was registered as a public limited company with the name MSK Projects (India) Limited and commenced their business on January 27, 1995.In October 2004, the company came out with an IPO, which was fully subscriber. The companys shares are listed on BSE, NSE and VSE.During the year 200607, the company has started a joint venture company, BUL MSK Infrastructure Pvt Ltd for the toll collection from the Dand Apta Kharpada abd Kon Sawle Road Project. Also, the toll collection from Himmatnagar Byepass which has been executed under the100% subsidiary company, MSK (Himmatnagar Byepass) Pvt Ltd is continued during the year.In June 2007, the company received orders worth Rs 34.88 crore from Bharat Oman Refineries Ltd in respect of civil and structural works for pipeline terminals for Vadinar, Bina Pipeline and Bina Refinery Project. Also, they received orders worth Rs 23.18 crore from Bharat Oman Refineries Ltd in respect of civil and structural works for Control Room, Substation, Firestation, Reservoir and Pump Houses, Pipe Sleepers, Road PhII and associated electrical works etc at Crude Oil Terminal at Vadinar (Gujarat) for Bina Refinery Project. During the year 200809, the company secured some orders, which includes Earthwork in formation construction of bridges, Pway work and other miscellaneous works in connection with railway sidings (PartA) for BPCL Bina Despatch Terminal, Bina (MP) from Bharat Petroleum Corporation Ltd, Civil and structural work of residue upgradation and MS/HSD quality improvement project for Indian Oil Corporation Ltd, Gujarat Refinery, Baroda and Non plant buildings (EPCC12A package) for Panipat Naphtha Cracker Project of Indian Oil Corporation Ltd, New Delhi. The company also secured Polishing pond (EPCC15) for Panipat Naptha Cracker Project of Indian Oil Corporation Ltd, Refineries division, New Delhi and construction of polishing pond, evaporation pond and other associated work for Bina Refinery project from Bharat Oman Refineries Ltd.In 2010, the companies name was changed from MSK Projects (India) Ltd. to Welspun Projects Ltd. The company also forayed into Energy Business during the same year. The company also acquired majority stake in Aziz European Pipe factory in Saudi Arabia. In 2011, the company acquired 35% stake in Leighton Contractors (India) Pvt Ltd. The company also came with a new 350,000 MTPA LSAW plant in Anjar. In 2012, the company goes for Overseas Capacity Expansion. Initiates new 175,000 MTPA ERW plant in USA. The company wins 125 MW Solar Bid and also wins solar photovoltaic project in Madhya Pradesh. In 2015, the company awarded with Package 1 of the DelhiMeerut Expressway Project Indias Wimbledon Connection coverage in OPEN Magazine in the July 13th issue. The companies name was also changed from Welspun Energy Ltd to Welspun Enterprises Ltd during the year under review
Read More

Welspun Enterprises Ltd FAQs

Welspun Enterprises Ltd shares are currently priced at 308.3 on NSE and 307.85 on BSE as of 2/27/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Welspun Enterprises Ltd [WELENT] share was 150.54. The Welspun Enterprises Ltd [WELENT] share hit a 1-year low of Rs. 117.65 and a 1-year high of Rs. 382.

The market cap of Welspun Enterprises Ltd is Rs. 4267.3 Cr. as of 2/27/2024 12:00:00 AM.

The PE ratios of Welspun Enterprises Ltd is 13 as of 2/27/2024 12:00:00 AM.

The PB ratios of Welspun Enterprises Ltd is 1.86 as of 2/27/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.05% at the end of 2/27/2024 12:00:00 AM.

You can easily buy Welspun Enterprises Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
or Resume your Application
+91 -

personImage