Welcast Steels Ltd

Welcast Steels Ltd Share Price Today: Live Updates & Key Insights

Get insights on Welcast Steels Ltd’s fundamentals, financials, shareholding, peer comparison, corporate actions & performance. Track key metrics, price trends & market sentiment for informed decisions. Explore all data at Motilal Oswal.

Welcast Steels Ltd Share Price Chart

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Welcast Steels Ltd Fundamentals

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Welcast Steels Ltd Share Price Performance

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This section highlights Welcast Steels Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Welcast Steels Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

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Welcast Steels Ltd Traded Volume Movement

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This section highlights Welcast Steels Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment

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Welcast Steels Ltd Technical Details

Welcast Steels Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.

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Welcast Steels Ltd Corporate Actions

Welcast Steels Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Welcast Steels Ltd’s capital allocation strategies.

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Welcast Steels Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares Welcast Steels Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Welcast Steels Ltd's relative performance and valuation against major competitors.

Stock Name Ameya Precision Engineers Ltd ₹98.50 (-1.50%) M. Cap (Cr) 0.74 1 Yr Return (%) -1.60% P/E (TTM) 16.68 PB Ratio 2.69

Stock Name Pentagon Rubber Ltd ₹90.50 (-4.74%) M. Cap (Cr) 0.70 1 Yr Return (%) -5.73% P/E (TTM) 25.99 PB Ratio 2.39

Stock Name Paramount Speciality Forgings Ltd ₹33.65 (+0.30%) M. Cap (Cr) 0.66 1 Yr Return (%) NaN% P/E (TTM) 14.83 PB Ratio 2.39

Stock Name Welcast Steels Ltd ₹948.00 (-0.99%) M. Cap (Cr) 0.61 1 Yr Return (%) -31.38% P/E (TTM) -18.76 PB Ratio 1.52

Stock Name Auro Impex & Chemicals Ltd ₹47.95 (+2.46%) M. Cap (Cr) 0.59 1 Yr Return (%) -42.75% P/E (TTM) 12.64 PB Ratio 1.30

Stock Name Rolcon Engineering Company Ltd ₹771.65 (+4.94%) M. Cap (Cr) 0.59 1 Yr Return (%) -17.82% P/E (TTM) 14.20 PB Ratio 2.37

Stock Name Rapicut Carbides Ltd ₹82.50 (-2.77%) M. Cap (Cr) 0.44 1 Yr Return (%) -38.78% P/E (TTM) -14.01 PB Ratio 2.26

Welcast Steels Ltd Cash Flow

Cash flow data provides a view of how money is generated and spent by Welcast Steels Ltd, across its operating activities, investing activities, and financing activities.

Welcast Steels Ltd Shareholding Pattern

This shows the ownership breakdown of Welcast Steels Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.

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About Welcast Steels Ltd

Incorporated in February, 1972, Welcast Steels Ltd (WSL) manufactures and markets a wide range of High Chrome Grinding Media Balls which are used in the process of Crushing/Grinding in the Cement, Mining and Thermal Power Plants. At present, the Company`s manufacturing capacity is 42,000 p.a. of High Chrome Grinding Media Balls. The Company employs alloy-casting process for manufacture of the products, which require designing of alloys in relation to end application. The casting process is followed by precision heat treatment to develop required end properties. Therefore, Company can generally be classified as a foundry. Since the Company`s products are used in the cement, mining and thermal power plants, the market prospects are linked with the requirement of these industries. The Indian Cement Industry has been facing excess capacity in the recent past due to sluggish demand. The Cement Industry, having grown its capacity upto 300 Million Tonnes P.A. got into a phase of consolidation with the new capacity additions having slowed down. Apart from these, the Company services the cement, mining industries and thermal power plants in India. It is also servicing the replacement and new capex requirements of coal fired thermal power plants and thus directly catering to the power sector. During 96-97, the company has upgraded its heat treatment technology. It has entered into technical collaboration with Magotteaux International, Belgium, for manufacturing grinding media of international standard for the mining industry to boost its exports. The Company increased the manufacturing capacity, resulting an expansion by 42,000 tons p.a. in 2005-06. The Cement Industry has practically use the High Chrome consumable wear parts, whereas in the mining industry migration from the use of conventional method using forged grinding balls to the use of High Chrome Grinding Media is still in progress. Estimated annual consumption of Grinding Media for the mining segment is 2.50 million tons with around 20% of the same migrating from the conventional usage of forged castings to High Chrome.

Non Executive Director

Bhadresh K Shah

Registered office 115-116 G V M M Estate, Odhav Road Odhav, Ahmedabad, Gujarat, 382415

FAX :91-079-22901078

Background

Incorporation Year 1972

Face Value ₹10.00

Market Lot 1

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