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WELCORP · Materials · 2026-08-21

Welspun Corp Ltd

8.4★★★ PrimeSolid +2.0Stage 2 · wk 17In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹2,311.9
+15.30% today
₹60,966 Cr · Large cap
About this companyMaterials· Iron & Steel
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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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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
vs 52W High
0.0%
₹721.9 lo₹2,311.9 hi
Near 52W high
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 17
1w13w26w
Week 17 — proven structure, sweet spot
How long this stock has been in Stage 2. The sweet spot is typically 13–26 weeks — 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
106.3%
200 DMA: ₹1,120.4 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
19.91x
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 · +9.2% vs MA50 +13.1%
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.
Sector
Materials
↑ Building
Stage 2%
39.3%
20d Δ
+8.0pp
1M return
+2.7%
3M return
+1.4%
Sector Stage-2 % · last 20 days
This stock ranks #4 of 158 Stage 2 stocks in Materials by RS. Leading the sector.
Industry
Iron & Steel
↓ Peaking
Stage 2%
39.4%
20d Δ
-2.0pp
1M return
+3.8%
3M return
+2.0%
Industry Stage-2 % · last 20 days
Ranks #3 of 28 Stage 2 stocks in this industry. Top tier.
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-29 → 2026-08-21
S2 41w
S2 32w
S2 22w
S2 17w
2023-05-292026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 1w → S2 41w → S3 8w → S2 6w → S3 2w → S2 32w → S3 5w → S2 22w → S3 10w → S2 4w → S3 2w → S4 12w → S1 4w → S2 17w current
Total tracked: 168 weeks across 14 stage runs.
1M
+43.3%
3M
+81.0%
6M
+184.8%
YTD
+179.6%
1Y
+160.8%
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
2026-08-21S2
Wk 17 · Vol x
2026-08-20S2
Wk 17 · Vol x
2026-08-19S2
Wk 17 · Vol x
2026-08-18S2
Wk 17 · Vol x
2026-08-17S2
Wk 17 · Vol x
2026-08-14S2
Wk 16 · Vol x
2026-08-13S2
Wk 16 · Vol x
2026-08-12S2
Wk 16 · Vol x
2026-08-11S2
Wk 16 · Vol x
2026-08-10S2
Wk 16 · Vol x
2026-08-07S2
Wk 15 · Vol x
2026-08-06S2
Wk 15 · Vol x
Sector Peers — Stage 2All →
COMSYN
wk 10 · -1.2% from hi
9.6
GULFPETRO
wk 9 · -0.5% from hi
9.6
MMP
wk 11 · -1.1% from hi
9.4
SIGIND
wk 2 · -1.4% from hi
9.2
SBCL
wk 15 · -10.1% from hi
9.0
Moving averages & range
50 DMA
₹1,643.8
200 DMA
₹1,120.4
52W High
₹2,311.9
52W Low
₹721.9
5D Low
₹1,882
Resistance levels (recent highs)
20d High
₹2,311.9
60d High
₹2,311.9
120d High
₹2,311.9
250d High
₹2,311.9
Next resistance
Above all

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.