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1 Comment
Welspun Corp Limited is currently in a long term uptrend where the price is trading 5.3% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.5.
Welspun Corp Limited's total revenue sank by 54.6% to $13B since the same quarter in the previous year.
Its net income has dropped by 11.0% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 311.0% to $8B since the same quarter in the previous year.
Based on the above factors, Welspun Corp Limited gets an overall score of 3/5.
Sector | Basic Materials |
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Industry | Steel |
Exchange | NSE |
CurrencyCode | INR |
ISIN | INE191B01025 |
Market Cap | 200B |
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Target Price | 880.4 |
PE Ratio | 13.55 |
Beta | 0.26 |
Dividend Yield | 0.7% |
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.
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