metals · WELCORP

Welspun Corp

Welspun Corp: PE above historical average. NARROW LEADERSHIP regime.

Price

₹1,543.6

Price 2026-07-06

5 day

+4.47%

Short-term move

1 month

+11.15%

Medium-term

Regime

NARROW LEADERSHIP

62% confidence

Market cap

₹40.6k Cr

neutral sector flow

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How does today's NARROW LEADERSHIP regime affect Welspun Corp (WELCORP) in the metals sector?

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Price chart

1,499

+61.35% over period

2025-06-02677 – ₹1,5672026-07-02

About Welspun Corp

Welspun Corp Limited, together with its subsidiaries, manufactures, trades in, distributes, and sells steel pipes, tubes, bars, coils, and plates in India, the United States, and internationally. It operates through Steel Products and Others segments. The company offers carbon steel line pipes comprising longitudinal submerged arc welding, helically submerged arc welding, high frequency welding, bends, and anti-corrosion and concrete weight coating; ductile iron pipes; thermo-mechanically treated bars; pig iron products; stainless steel and alloy products; water tanks; industrial containers; SMC panel tanks; electrical enclosures; and uPVC interiors. It also provides plastic products; basic precious and non-ferrous metals; prefabricated structures, infra project services, and turnkey projects; custom moulded products; polymers and its products; PVC/CPVC pipes and fittings for water supply; water pipes; and billet, rolled bar, black bar, ingot, bloom, and seamless pipes and tubes. The company's products are used in onshore and offshore oil, gas, and water transmission; gas distribution; households, commercial buildings, and institutional settings; hydrogen pipelines; and nuclear,...

SteelMumbai, India9,300 employeesWebsite →

At a Glance

ValuationPE 25.2 (86%ile of 7 quarterly points (limited history), range 8-25). Trading above historical range.
Sector Positionmetals sector. Flow: neutral. is not among current leaders. Regime: NARROW LEADERSHIP (62%).
Historical ContextRSI oversold bounces for this stock succeeded only 0% of the time (avg -15.1% over 14 days) — not a reliable pattern.
Revenue TrendRevenue growing at 990.0% YoY. Strong revenue growth — 990.0% YoY

RSI pattern warning

RSI oversold bounces for this stock succeeded only 0% of the time (avg -15.1% over 14 days) — not a reliable pattern.

52-week position

Trading at 98.6% of 52-week high

52W low ₹71052W high ₹1,566

Technicals

RSI 14

69.1

Trend

uptrend

50 DMA

Above

200 DMA

Above

Key metrics

P/E ratio

25.2

86th pct · 7 quarterly points (limited history)

P/B

5.0

ROE

18.9%

Moderate profitability — 18.9% ROE

Market cap

₹40.6k Cr

Revenue growth

990.0% YoY

Promoter

49.9%

52-week range

₹710 – ₹1,566

98.6% of high

RSI (14)

69.1

uptrend

vs 50 DMA

Above

DMA ₹1,353.27

Coverage

100/100

HIGH

Quick Take

Welspun Corp: PE above historical average. NARROW LEADERSHIP regime.

Peer comparison

StockPrice5DP/EROERev growthMcap
JSWSTEEL

JSW Steel

₹1,236.1+0.9%13.727.3%1420%₹3.0L Cr
HINDZINC

Hindustan Zinc

₹540.35+2.8%16.276.9%4300%₹2.2L Cr
HINDALCO

Hindalco Industries

₹980.4+1.7%16.110.3%2040%₹2.2L Cr
JINDALSTEL

Jindal Steel

₹1,059.5-0.8%31.26.8%2300%₹1.1L Cr
NATIONALUM

National Aluminium Co

₹351.05+1.1%10.229.4%-480%₹62.9k Cr
APLAPOLLO

APL Apollo Tubes

₹1,804.5+0.9%4225.3%1360%₹50.5k Cr
HINDCOPPER

Hindustan Copper

₹494.6-0.3%52.130.6%5810%₹47.9k Cr
JINDALSAW

Jindal Saw

₹259.75-0.1%17.28%-820%₹16.7k Cr
WELCORP

Welspun Corp

₹1,543.6+2.5%25.218.9%990%₹40.6k Cr

Tensions to watch

Promoter holding at 49.9% — neither distress selling nor aggressive buying

No strong insider signal. Watch for changes in promoter stake as a leading indicator.

Key Watchpoints

🟢

Breaks above ₹1621 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹1466 (-5%)

Further downside risk

🟡

PE reverts to median of 14.5 (7 quarterly points (limited history))

Valuation normalization

🟢

Metals sector entering leadership

Sector rotation signal

Facts

P/E Ratio
25.2MODERATE
P/B Ratio
5.0HIGH
ROE
1892.0%HIGH
Market Cap
₹4063677.6L CrHIGH
From 52W High
99% of high
Promoter Holding
49.9%MODERATE
Institutional
29.5%
Sector Peers
10

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