WELSPUN CORP Share Price Up by 5%; BSE CAPITAL GOODS Index Up 1.5%
Fri, 23 Oct 09:26 AM

WELSPUN CORP share price has zoomed 5% and is presently trading at Rs 118.

Meanwhile, the BSE CAPITAL GOODS Index is at 14,079 (up 1.5%).

Among the top Gainers in the BSE CAPITAL GOODS Index today are WELSPUN CORP (up 5.1%) and AIA ENGINEERING (up 5.5%).

SADBHAV ENGINEERING (down 0.2%) and HONEYWELL AUTOMATION (down 0.4%) are among the top losers today.

Over the last one year, WELSPUN CORP has moved down from Rs 138 to Rs 118, registering a loss of Rs 20 (down 15.5%).

On the other hand, the BSE CAPITAL GOODS has moved down from 18,511 to 14,079, loss of 4,432 points (down 24.0%) during the last 12 months.

The top buzzing stocks among the BSE CAPITAL GOODS Index stocks during this same period were HAVELLS IND (up 6.7%), LAKSHMI MACHINE (up 5.9%) and AIA ENGINEERING (up 5.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 40,722 (down 0.4%).

The top gainers among the BSE Sensex stocks today are NTPC (up 3.1%), BHARTI AIRTEL (up 2.8%) and BAJAJ FINANCE (up 2.5%). Other gainers include AXIS BANK (up 1.8%) and TATA STEEL (up 1.5%). The most traded stocks in the BSE Sensex are BHARTI AIRTEL and ONGC.

In the meantime, NSE Nifty is at 11,940 (down 0.4%). The top gainers in the NSE Nifty include NTPC (up 2.9%), BHARTI AIRTEL (up 2.8%) and BAJAJ FINANCE (up 2.5%). Other gainers include TATA MOTORS (up 2.5%) and IOC (up 2.2%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,964 to 40,722, registering a gain of 1,758 points (up 4.09%).

WELSPUN CORP Financial Update...

WELSPUN CORP net profit down at Rs 597 million for the quarter ended March 2020, compared to a loss of Rs 2 billion a year ago. Net Sales declined 4.5% to Rs 27.6 billion during the period as against Rs 28.9 billion in January-March 2019.

For the year ended March 2019, WELSPUN CORP reported 43.3% decrease in net profit to Rs 1.5 billion compared to net profit of Rs 2.6 billion during FY18.

Revenue of the company grew 41.5% to Rs 87 billion during FY19.

The current Price to earnings ratio of WELSPUN CORP, based on rolling 12 month earnings, stands at 6.4x.



What else is happening in the markets today? Dig in...

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