WELCORP

Welspun Corp Limited · NSE · INE191B01025 · 272 sessions on record

₹2,605.80▼ −111.20 · −4.1%from ₹2,717.00 the session before · 1 Oct 2026 close · NSE end of day

Open: ₹2,708.00
High: ₹2,731.30
Low: ₹2,539.20
Day's range: ₹1907.1% of the previous close
VWAP: ₹2,612.06close −0.24% from it
Volume, shares: 23 L1.03× the 20-session average
Turnover, ₹ crore: 600
Trades: 1.5 L16 shares per trade
Previous close: ₹2,717.00−111.20 to the close
Price band, next session: ₹2,345.20 – ₹2,866.4010% either side of the close · dynamic, widened in 5% steps when hit

Day range35% of the way up

₹2,539.20₹2,731.30

52-week range87% of the way up

₹710.00 2 Feb₹2,900.00 29 Sept

−10% from the high · +270% from the low

Futures and options

No derivatives listed on WELCORP

Close ₹ · Nifty 50 rebased to the first close · futures open interest by the day's build-up126 sessions to 1 Oct · axis fixed at 4 × ATR-14 around the last close · hover or tap a session and the read beside the chart follows it

272 sessions on file · from 28 Aug

WELCORP close
Nifty 50, rebased

Session read · latest close: 1 Oct 2026
Close ₹ · day %: ₹2,605.80▼ −4.1% on the previous close
Against Nifty 50: Nifty −0.9%−3.2 pp difference on the day
Against the averages: below 20 · above 5020-session ₹2,658.50 (−2.0%) · 50-session ₹2,244.68 (+16%)
Volume: 1.03×the previous 20 sessions · 23 L shares
Extremes on the day: none

The market after the news

close against the last close before each bulletin · Nifty 50 over the same sessions

After the last 8 bulletins, WELCORP closed higher five sessions later in 6 of 7.

Close after each bulletin on the day, one session later and five sessions later, with Nifty 50 and futures open interest
Bulletin	Day of the news	1 session later	5 sessions later	Futures OI on the day
25 SeptWelspun Corp secures record $412.5 million contract	▼ −3.3%Nifty −1.6% · −1.7 pp	▲ +0.3%Nifty −1.8% · +2.2 pp	—not reached	—
22 SeptWelspun Corp and Enterprises reach 52-week highs after order wins	▼ −1.1%Nifty −0.4% · −0.8 pp	▲ +1.2%Nifty +0.1% · +1.1 pp	▲ +2.9%Nifty −3.0% · +5.8 pp	—
21 SeptWelspun Corp and Enterprises reach 52-week highs after order wins	▼ −1.1%Nifty −0.4% · −0.8 pp	▲ +1.2%Nifty +0.1% · +1.1 pp	▲ +2.9%Nifty −3.0% · +5.8 pp	—
21 SeptOrder wins worth ₹3,300 crore may impact six stocks	▼ −1.1%Nifty −0.4% · −0.8 pp	▲ +1.2%Nifty +0.1% · +1.1 pp	▲ +2.9%Nifty −3.0% · +5.8 pp	—
28 JulWelspun Corp wins ₹960 crore order, shares rise 4%	▲ +2.7%Nifty 0.0% · +2.8 pp	▲ +6.1%Nifty +1.1% · +5.0 pp	▲ +8.6%Nifty +2.6% · +6.0 pp	—
14 JulWelspun Corp shares rise 4% after ₹1,400 crore order win	▼ −0.2%Nifty +0.1% · −0.3 pp	0.0%Nifty +0.1% · −0.1 pp	▼ −4.3%Nifty −0.2% · −4.0 pp	—
2 FebWELCORP reports record EBITDA and strong order book	▲ +7.2%Nifty +2.5% · +4.6 pp	▲ +8.0%Nifty +2.7% · +5.3 pp	▲ +10.5%Nifty +3.4% · +7.1 pp	—
31 JanWelspun Corp reports strong Q3 FY26 performance	▲ +1.0%Nifty −2.0% · +3.0 pp	▲ +3.5%Nifty −0.9% · +4.5 pp	▲ +13.1%Nifty +1.5% · +11.6 pp	—

8 of 14 bulletins

Quarterly results

consolidated · latest filed 24 Jul, 05:40 pm IST · NSE filings

Revenue ₹4,081 cr; profit ₹1,048 cr in the Jun 2026 quarter, consolidated.

Last 2 quarters, consolidated₹ crore as filed · year on year against the same quarter a year earlier · market: close on the first session after the filing against the last close before it, Nifty 50 over the same session

Quarterly results of WELCORP on the consolidated basis with the market's move on the first session after each filing
Quarter	Revenue ₹ cr	Revenue YoY	Profit ₹ cr	Profit YoY	EPS ₹	Market on the day
Jun 2026filed 24 Jul	₹4,081 cr	—	₹1,048 cr	—	39.65	▲ +0.2%Nifty +1.0% · −0.8 pp
Mar 2026filed 21 May · audited	₹4,313 cr	—	₹371 cr	—	14.04	▼ −4.0%Nifty +0.3% · −4.2 pp

Fundamentals

consolidated · filings to Jun 2026 · close ₹2,605.80 on 1 Oct

7.3 times book value, a 0.19% dividend yield, market cap ₹69,000 cr.

Valuationarithmetic on filings and the close · each cell names what it rests on · — where an input is missing

Market cap: ₹69,000 cron 1 Oct · free float ₹35,000 cr
Price to earnings: —fewer than four consecutive quarters filed
Trailing EPS: —fewer than four consecutive quarters filed
Price to book: 7.3consolidated · balance sheet to Mar 2026
Book value a share: ₹356.57consolidated · balance sheet to Mar 2026 · over NSE's share count
Debt to equity: 0.23borrowings over equity · consolidated · balance sheet to Mar 2026
Return on equity: —needs two filed balance sheets
Dividend yield: 0.19%₹5.00 a share in 365 days
Face value: ₹5a share
Shares outstanding: 26 cron 1 Oct

Growthsums of the four quarters filed to Jun 2026 · growth against the four quarters before them · consolidated

Revenue, trailing 12 months: —fewer than four consecutive quarters filed
Revenue growth, 12 months: —needs eight consecutive quarters filed
Revenue 3-year CAGR: —needs twelve consecutive quarters filed
Profit, trailing 12 months: —fewer than four consecutive quarters filed
Profit growth, 12 months: —needs eight consecutive quarters filed
Profit 3-year CAGR: —needs twelve consecutive quarters filed

PeersBSE sub-group Iron & Steel Products · F&O stocks with filings on record · industry P/E needs two stocks with trailing profit and a market cap

Stocks in the BSE sub-group Iron & Steel Products with market cap, price to earnings and price to book
Stock	Market cap ₹	P/E	P/B	Close ₹
WELCORPWelspun Corp Limited	69,000 cron 1 Oct	—	7.3	₹2,605.80
APLAPOLLOAPL Apollo Tubes Limited	59,000 cron 1 Oct	48consolidated	11	₹2,115.70
SHYAMMETLShyam Metalics and Energy Limited	29,000 cron 1 Oct	—	2.4	₹1,047.80
RATNAMANIRatnamani Metals & Tubes Limited	18,000 cron 1 Oct	—	4.4	₹2,619.40
JINDALSAWJindal Saw Limited	17,000 cron 1 Oct	—	1.4	₹270.30
USHAMARTUsha Martin Limited	15,000 cron 1 Oct	—	4.5	₹491.70
GPILGodawari Power And Ispat limited	15,000 cron 1 Oct	—	2.5	₹215.65
GALLANTTGallantt Ispat Limited	13,000 cron 1 Oct	—	3.9	₹530.15
MAHSEAMLESMaharashtra Seamless Limited	9,400 cron 1 Oct	—	1.4	₹698.75
JAYNECOINDJayaswal Neco Industries Limited	8,900 cron 1 Oct	—	3.1	₹91.30
SUNFLAGSunflag Iron And Steel Company Limited	7,800 cron 1 Oct	—	0.88	₹433.50
MANINDSMan Industries (India) Limited	6,900 cron 1 Oct	—	3.3	₹921.55
AEROFLEXAeroflex Industries Limited	6,900 cron 1 Oct	—	15	₹521.35
TIILTechnocraft Industries (India) Limited	6,600 cron 1 Oct	—	3.2	₹2,893.80
SBCLShivalik Bimetal Controls Limited	6,100 cron 1 Oct	—	13	₹1,066.40
BANSALWIREBansal Wire Industries Limited	5,100 cron 1 Oct	—	3.5	₹323.05
GOODLUCKGoodluck India Limited	5,000 cron 1 Oct	—	3.3	₹499.35
SURYAROSNISurya Roshni Limited	4,800 cron 1 Oct	—	1.8	₹220.65
SAMBHVSambhv Steel Tubes Limited	4,800 cron 1 Oct	—	4.5	₹161.45
ELECTCASTElectrosteel Castings Limited	4,600 cron 1 Oct	—	0.78	₹74.55
VENUSPIPESVenus Pipes & Tubes Limited	4,600 cron 1 Oct	—	6.8	₹2,204.90
KSLKalyani Steels Limited	4,000 cron 1 Oct	—	1.9	₹913.00
VSSLVardhman Special Steels Limited	3,700 cron 1 Oct	—	2.9	₹383.30
KIRLOSINDKirloskar Industries Limited	3,600 cron 1 Oct	—	0.45	₹3,471.40
WELSPLSOLWelspun Specialty Solutions Limited	3,500 cron 1 Oct	—	—	₹52.60
JTLINDJTL INDUSTRIES LIMITED	3,400 cron 1 Oct	—	2.2	₹86.25
RATNAVEERRatnaveer Precision Engineering Limited	2,900 cron 1 Oct	—	4.3	₹345.45
MUKANDLTDMukand Limited	2,500 cron 1 Oct	—	1.6	₹172.65
BLELBehari Lal Engineering Limited	2,000 cron 1 Oct	—	—	₹467.95
MSPLMSP Steel & Power Limited	1,800 cron 1 Oct	—	1.8	₹32.50
RSLRajputana Stainless Limited	1,500 cron 1 Oct	—	4.0	₹174.45
HITECHHi-Tech Pipes Limited	1,500 cron 1 Oct	—	1.1	₹71.40
STEELXINDSTEEL EXCHANGE INDIA LIMITED	1,400 cron 1 Oct	—	—	₹11.20
AEROENTERAeroflex Enterprises Limited	1,400 cron 1 Oct	—	1.4	₹121.95
MANAKCOATManaksia Coated Metals & Industries Limited	1,300 cron 1 Oct	—	3.9	₹126.60
RHETANRhetan TMT Limited	1,300 cron 1 Oct	—	12	₹16.65
MWLMangalam Worldwide Limited	1,300 cron 1 Oct	—	4.2	₹43.15
GANDHITUBEGandhi Special Tubes Limited	1,200 cron 1 Oct	—	3.8	₹975.55
BHARATWIREBharat Wire Ropes Limited	1,100 cron 1 Oct	—	1.4	₹160.10
KAMDHENUKamdhenu Limited	1,100 cron 1 Oct	—	2.7	₹37.60
HARIOMPIPEHariom Pipe Industries Limited	1,000 cron 1 Oct	—	1.6	₹332.35
ELECTHERMElectrotherm (India) Limited	950 cron 1 Oct	—	—	₹743.60
BEEKAYBeekay Steel Industries Limited	830 cron 1 Oct	—	—	₹435.40
SCODATUBESScoda Tubes Limited	740 cron 1 Oct	—	1.9	₹123.00
PANCHMAHQPanchmahal Steel Limited	550 cron 1 Oct	—	—	₹287.50
AZADINDAzad India Mobility Limited	470 cron 1 Oct	—	—	₹85.95
MANAKSIAManaksia Limited	390 cron 1 Oct	—	0.52	₹59.55
BEDMUTHABedmutha Industries Limited	360 cron 1 Oct	—	2.4	₹110.35
SURAJLTDSuraj Limited	360 cron 1 Oct	—	2.6	₹193.50
SHAHShah Metacorp Limited	300 cron 1 Oct	—	0.97	₹3.05
VMSTMTVMS TMT Limited	230 cron 1 Oct	—	1.0	₹46.65
VSTLVibhor Steel Tubes Limited	210 cron 1 Oct	—	—	₹108.85
RUDRARudra Global Infra Products Limited	180 cron 1 Oct	—	1.3	₹18.25
SHBAJRGShri Bajrang Alliance Limited	160 cron 1 Oct	—	—	₹172.35
INCREDIBLEINCREDIBLE INDUSTRIES LIMITED	150 cron 1 Oct	—	0.93	₹31.35
SMLTSarthak Metals Limited	100 cron 1 Oct	—	0.82	₹74.20
HISARMETALHisar Metal Industries Limited	79 cron 1 Oct	—	1.2	₹146.90
ZENITHSTLZenith Steel Pipes & Industries Limited	73 cron 1 Oct	—	—	₹5.10
PRAKASHSTLPrakash Steelage Limited	62 cron 1 Oct	—	6.4	₹3.55
DHATREDhatre Udyog Limited	44 cron 1 Oct	—	—	₹4.00
DPWIRESD P Wires Limited	—	—	—	—
GFSTEELSGrand Foundry Limited	—	—	—	—
MAHASTEELMahamaya Steel Industries Limited	—	—	—	—
RAMASTEELRama Steel Tubes Limited	—	—	—	—
SHAHALLOYSShah Alloys Limited	—	—	—	—

Shareholding

quarter to 30 Jun · none pledged · NSE filings

Promoters hold 49.7%, foreign portfolio investors 14.6%, mutual funds 9.1% and insurance companies 5.1%, as filed for the quarter to 30 Jun.

49.7%14.6%9.1%11.2%

By category, last 2 quarterspercent of shares · beneath each figure, the change in percentage points against the previous quarter on file

Shareholding of WELCORP by category over the last 2 quarters with the change against the previous quarter
Category	30 Jun	31 Mar
Promoters	49.730.00 pp	49.73
Foreign portfolio investors	14.61▲ +3.38 pp	11.23
Mutual funds	9.06▼ −0.80 pp	9.86
Insurance companies	5.14▲ +0.37 pp	4.77
Banks and financial institutions	5.76▼ −1.10 pp	6.86
Individual investors	11.15▼ −1.12 pp	12.27
Bodies corporate	2.54▼ −0.54 pp	3.08
Employee trusts	0.030.00 pp	0.03
Others	1.99▼ −0.18 pp	2.17

Corporate actions

NSE and BSE records

Nothing upcoming on record; the last was a dividend of ₹5.00 a share, ex-date 30 Jun 2026.

Actionsex-dates · upcoming first, then the last eight · dividends in rupees a share, bonus and split as ratios

Corporate actions of WELCORP, upcoming first, then the most recent
Ex-date	Action	Amount or ratio	Record date	Source
recent
30 Jun 2026	dividend	₹5.00	30 Jun 2026	NSE
18 Jul 2025	dividend	₹5.00	18 Jul 2025	NSE
28 Jun 2024	dividend	₹5.00	28 Jun 2024	NSE

Calendaras notified to the exchange

Next results: —no board meeting notified yet
Dividends in 365 days: ₹5.00a share · ex-dates inside the year
Last dividend: ₹5.00ex-date 30 Jun 2026

Price history

272 sessions on record · to 1 Oct · NSE end of day

WELCORP is +3.3% over 20 sessions against Nifty's −6.2%, 10% below its 52-week high, realised volatility 70% annualised.

Returns against Nifty 50longest window first · Nifty 50 over the same sessions

Returns of the stock and Nifty 50 over six windows, longest first
Window	From ₹	WELCORP %	Nifty 50 %	Difference pp
250 sessionssince 26 Sept	₹860.91	▲ +200%	▼ −9.1%	+210
120 sessionssince 9 Apr	₹949.64	▲ +170%	▼ −5.7%	+180
60 sessionssince 8 Jul	₹1,529.23	▲ +70%	▼ −6.1%	+77
20 sessionssince 2 Sept	₹2,523.53	▲ +3.3%	▼ −6.2%	+9.5
5 sessionssince 24 Sept	₹2,692.22	▼ −3.2%	▼ −2.8%	−0.43
1 sessionsince 30 Sept	₹2,716.92	▼ −4.1%	▼ −0.88%	−3.2

Averages of the closeclose against each average

5-session average: ₹2,747.38close −5.2% from it
20-session average: ₹2,658.50close −2.0% from it
50-session average: ₹2,244.68close +16% from it
200-session average: ₹1,359.74close +92% from it

Range and volumetrue range over 14 sessions · high to low over 20 · volume against the 20-session average

Average true range, 14: ₹1706.4% of the close
Average day's range, 20: ₹1405.5% of the close
Volume against 20 sessions: 1.03×23 L vs 22 L average

Volatility and co-movement with Nifty 50annualised from daily log returns · counts share one denominator per cell

Realised volatility, 20: 70%≈ ±4.4% a session · moved more than that on 5 of 20
Realised volatility, 60: 58%≈ ±3.6% a session · moved more than that on 18 of 60
Realised volatility, 250: 43%≈ ±2.7% a session · moved more than that on 70 of 250
Beta to Nifty, 60: 1.88moved with Nifty on 31 of 60 sessions
Beta to Nifty, 250: 1.13moved with Nifty on 142 of 250 sessions

Up and down sessionscloses above and below the previous close

Last 20 sessions: 12 up · 8 downof 20
Last 60 sessions: 40 up · 20 downof 60
Last 250 sessions: 137 up · 113 downof 250
Best session, 250: ▲ +15%21 Aug
Worst session, 250: ▼ −9.8%15 Sept

14 bulletins on WELCORP

latest 25 Sept 2026

Beats in the coverage

Often mentioned with

September 2026

25 Sept Welspun Corp secures record $412.5 million contractWelspun Corp's shares increased as its US subsidiary won a record $412.5 million contract for high-frequency induction welded pipes. This order raises the company's global order book to a new high of $4.7 billion.High 22 Sept Welspun Corp and Enterprises reach 52-week highs after order winsWelspun Corp and Welspun Enterprises shares jumped up to 5% on 21 Sep 2026, hitting 52-week highs after order wins. Welspun Corp secured a ₹2,000 cr contract in Saudi Arabia, while Welspun Enterprises won two projects from Ahmedabad Municipal Corporation.High 21 Sept Welspun Corp and Enterprises reach 52-week highs after order winsWelspun Corp and Welspun Enterprises shares surged up to 5% on 21 Sept, reaching 52-week highs after announcing significant order wins. Welspun Corp secured a large steel pipe contract in Saudi Arabia, while Welspun Enterprises received two sewer projects from Ahmedabad Municipal Corporation.High 21 Sept Order wins worth ₹3,300 crore may impact six stocksSix companies are expected to see trading activity on 21 Sep after securing contracts exceeding ₹3,300 crore across sectors like oil and gas, telecom, and railways. Notable contracts include Welspun Corp's ₹2,000 crore deal with Saudi Aramco and HEG Advanced's ₹218 crore order from Indus Towers.High

July 2026

28 Jul Welspun Corp wins ₹960 crore order, shares rise 4%Welspun Corp's shares rose over 4% after winning a ₹960 crore order for coated line pipes, boosting its order book to ₹25,750 crore. This marks the strongest order book in the company's history, enhancing revenue visibility through FY27 and FY28.High 14 Jul Welspun Corp shares rise 4% after ₹1,400 crore order winWelspun Corp shares increased over 4% after the company secured new orders worth ₹1,400 crore for oil and gas projects. This expands its consolidated order book to approximately ₹23,650 crore, enhancing business visibility through FY27 and FY28.High

February 2026

2 Feb WELCORP reports record EBITDA and strong order bookWelspun Corp Limited reported record EBITDA and PAT for Q3 FY26, supported by a robust order book and strong cash position. The U.S. and Saudi markets are bullish, with Indian demand expected to recover as government funding resumes.High

January 2026

31 Jan Welspun Corp reports strong Q3 FY26 performanceWelspun Corp reported strong Q3 FY26 results, with EBITDA up 35% to ₹645 Cr and total income rising 25% to ₹4,532 Cr. The company has a healthy order book of ₹23,600 Cr, driven by growth in DI and Stainless Steel Pipes.High 30 Jan Welspun Corp reports strong Q3 FY26 performance with enhanced EBITDAWelspun Corp reported strong Q3 FY26 results with EBITDA up 35% to ₹645 Cr and total income rising 25% to ₹4,532 Cr. The company has a healthy order book valued at ₹23,600 Cr, indicating robust operational performance.High 27 Jan Welspun Corp wins $15 billion LNG project in ArgentinaWelspun Corp has been awarded a $15 billion LNG project in Argentina, marking a significant competitive win over local firm Techint. The winning bid was 40% lower than Techint's, indicating strong pricing strategy and market positioning for Welspun.High 27 Jan Welspun Corp wins major LNG pipe project in ArgentinaWelspun Corp has won a US$15 billion LNG pipe project in Argentina, defeating local rival Techint. The bid was 40% lower than Techint's, marking a significant achievement for Welspun in the energy sector.High

December 2025

23 Dec Welspun Corp acquires 4.11% stake in subsidiary for ₹109 croreWelspun Corp completed the acquisition of 4.11% stake in Welspun Specialty Solutions for ₹108.96 crore, increasing its holding from 51.06% to 55.17%. The deal was executed through a block transaction at market price.Medium 10 Dec Steel stock rises after ₹1,165 Cr order winHigh 9 Dec Welspun Corp's EPIC secures ₹1,165 crore steel pipe contractMedium

About Welspun Corp Limited

exchange masters as of 18 Sept 2026 · classification by BSE

Company: Welspun Corp Limited
Exchange: NSE · BSE 532144, group A
Listed on NSE: 24 May 2005
Classification: Industrials › Capital Goods › Industrial Products › Iron & Steel Products
Index: BSE 500
Face value: ₹5 a share
ISIN: INE191B01025
Sessions on record: 272
Price source: NSE UDiFF bhavcopy · end of day · delayed
Filings: NSE and BSE public disclosures · results, shareholding and corporate actions as filed
Computed: 1 Oct, 09:18 pm IST
Bulletins: 14 · written by the desk · not a recommendation

OI Charts is not a SEBI-registered investment adviser or research analyst. Prices, open interest, filings and the desk read are exchange data and arithmetic on it, not a basis for any investment decision.