Munish_Jain

WELCORP | Swing Trade

Long
NSE:WELCORP   WELSPUN CORP LTD
πŸ“Š DETAILS
Sector: Metals - Castings/Forgings
Mkt Cap: 15,718 cr

WCL is one of the largest manufacturers of large diameter pipes globally. The company also manufactures BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated)
Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. The company acquired Sintex-BAPL, a market leader in water tanks and other plastic products, to expand its building materials portfolio. It has also made strategic acquisition of specified assets of ABG Shipyard.

TTM PE : 14.58 (Average PE)
Sector PE : 42.74
Beta : 1.13

πŸ“š INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.

3.72% away from 52 week high
Outperformer - Welspun Corp up by 6.98% v/s NIFTY 50 down by -0.17% in last 1 month

πŸ“ˆ FINANCIALS
Piotroski Score of 3/9 indicates Weak Financials

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