WELCORP· Materials› Iron & Steel

Welspun Corp Ltd

Stage 2 · Advancing · week 25Setup 7.6 ★★ GoodEven +0.7

As of 9 Oct 2026, Welspun Corp is in Stage 2 — advancing, the uptrend phase, in week 25 (since 22 Apr 2026). It closed at ₹2,640, 7.1% below its 52-week high and above its 200-day average, which is rising. In Materials, 35.1% of stocks are in Stage 2.

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. More about the company

₹2,640.4
-0.41% today
₹69,628 Cr · Large cap
Market Neutral — FadingMaterials 35.1% in Stage 2-0.9 pts / 20dIron & Steel 32.9%-2.1 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

7.6 ★★ Good

Momentum

Steady

Edge

Even +0.7

Setup-score rank among Stage 2 peers: #5 of 26 in Iron & Steel · #16 of 159 in Materials

Is WELCORP early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-7.1%
₹721.9 lo₹2,842 hi
7.1% below 52W high — pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 25
1w13w26w
Week 25 — proven structure, sweet spot
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
87.8%
200 DMA: ₹1,405.6 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.34x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↑
MA20 trending up · +3.1% vs MA50 +22.2%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+1.6%
3M
+63.7%
6M
+181.8%
YTD
+224.8%
1Y
+208.7%
Sector
Materials
→ Flat
Stage 2%
35.1%
20d Δ
-0.9pp
1M return
-6.7%
3M return
-4.3%
Sector Stage-2 % · last 20 days
This stock ranks #3 of 158 Stage 2 stocks in Materials by RS. Leading the sector.
Industry
Iron & Steel
↓ Peaking
Stage 2%
32.9%
20d Δ
-2.1pp
1M return
-5.7%
3M return
+0.0%
Industry Stage-2 % · last 20 days
Ranks #2 of 26 Stage 2 stocks in this industry. Top tier.
Stage Cycle Timeline2023-07-14 → 2026-10-09
S2 36w
S2 32w
S2 22w
S2 24w
2023-07-142026-10-09
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 36w → S3 8w → S2 6w → S3 2w → S2 32w → S3 5w → S2 22w → S3 10w → S2 4w → S3 2w → S4 12w → S1 4w → S2 24w current
Total tracked: 169 weeks across 13 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-04-22
5 appearances in last 60 days. First seen: 2024-05-15.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-09S2
Wk 25 · Vol 0.34x
2026-10-08S2
Wk 24 · Vol 0.63x
2026-10-07S2
Wk 24 · Vol 0.55x
2026-10-06S2
Wk 24 · Vol 0.85x
2026-10-05S2
Wk 24 · Vol 1.10x
2026-10-01S2
Wk 24 · Vol 1.10x
2026-09-30S2
Wk 23 · Vol 0.83x
2026-09-29S2
Wk 23 · Vol 1.52x
2026-09-28S2
Wk 23 · Vol 0.67x
2026-09-25S2
Wk 23 · Vol 1.38x
2026-09-24S2
Wk 23 · Vol 0.50x
2026-09-23S2
Wk 22 · Vol 0.85x
Sector Peers — Stage 2All →
OCCLLTD
wk 16 · 0.0% from hi
9.4
CUBEXTUB
wk 1 · -1.3% from hi
9.4
VENUSPIPES
wk 19 · -10.6% from hi
9.0
MUKANDLTD
wk 20 · -5.3% from hi
8.9
PLASTIBLEN
wk 16 · -1.6% from hi
8.4
Moving averages & range
50 DMA
₹2,344.8
200 DMA
₹1,405.6
52W High
₹2,842
52W Low
₹721.9
5D Low
₹2,497.5
Resistance levels (recent highs)
20d High
₹2,842
60d High
₹2,842
120d High
₹2,842
250d High
₹2,842
Next resistance
+7.6%
to 20d High
Ask the Market AI about WELCORPAsk →
P/E (TTM)
22.4
Forward 15.1
Earnings Growth (YoY)
-47.0%
Revenue +9.9%
ROE
+18.9%
Profit margin +9.6%
Dividend Yield
0.38%
P/B 4.4
About this companyMaterials· Iron & Steel

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 and billets; pig iron products; stainless steel and alloy products; water storage tanks; industrial containers; SMC panel tanks; electrical enclosures; and uPVC doors and 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, space, defence, power and energy, and petrochemicals sectors. Welspun Corp Limited was formerly known as Welspun Gujarat Stahl Rohren Limited and changed its name to Welspun Corp Limited in April 2010. The company was incorporated in 1995 and is headquartered in Mumbai, India.

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All analytics based on EOD data. Data as of 2026-10-09. Past data patterns are not indicative of future results. This page is a data analytics tool only.