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
FinGenie AI
Get an intelligence answer grounded in today's published data
“How does today's NARROW LEADERSHIP regime affect Welspun Corp (WELCORP) in the metals sector?”
Price chart
₹1,499
+61.35% over period
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,...
At a Glance
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
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
| Stock | Price | 5D | P/E | ROE | Rev growth | Mcap |
|---|---|---|---|---|---|---|
| JSWSTEEL JSW Steel | ₹1,236.1 | +0.9% | 13.7 | 27.3% | 1420% | ₹3.0L Cr |
| HINDZINC Hindustan Zinc | ₹540.35 | +2.8% | 16.2 | 76.9% | 4300% | ₹2.2L Cr |
| HINDALCO Hindalco Industries | ₹980.4 | +1.7% | 16.1 | 10.3% | 2040% | ₹2.2L Cr |
| JINDALSTEL Jindal Steel | ₹1,059.5 | -0.8% | 31.2 | 6.8% | 2300% | ₹1.1L Cr |
| NATIONALUM National Aluminium Co | ₹351.05 | +1.1% | 10.2 | 29.4% | -480% | ₹62.9k Cr |
| APLAPOLLO APL Apollo Tubes | ₹1,804.5 | +0.9% | 42 | 25.3% | 1360% | ₹50.5k Cr |
| HINDCOPPER Hindustan Copper | ₹494.6 | -0.3% | 52.1 | 30.6% | 5810% | ₹47.9k Cr |
| JINDALSAW Jindal Saw | ₹259.75 | -0.1% | 17.2 | 8% | -820% | ₹16.7k Cr |
| WELCORP Welspun Corp | ₹1,543.6 | +2.5% | 25.2 | 18.9% | 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