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Welcast Steels Ltd Share Price History

Welcast Steels Ltd Share Price History

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Volume Transacted

(Nov 22, 2024)

stocks purchased

0.1 K

Stocks Traded

(Nov 22, 2024)

Last Updated on: Nov 23, 2024

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Welcast Steels Ltd

BSE

22 Nov, 2024

1372.953.0 (0.2%)stock direction

Prev Close

1369.95

Open Price

1369.95

Bid Price (QTY)

Offer Price (QTY)

Volume

115

Today's High / Low

1375.0 / 1351.5

52 WK High / Low

1861.8 / 1200.0

Market Price of Welcast Steels Ltd

1M

1Y

3Y

5Y

To make informed investment decisions, regularly checking Welcast Steels Ltd share price can be a beneficial practice. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
22 Nov 20241372.95
21 Nov 20241369.95
19 Nov 20241364.95
18 Nov 20241361.55
14 Nov 20241368.9
13 Nov 20241361.85
12 Nov 20241350
11 Nov 20241378.5
08 Nov 20241370.05
07 Nov 20241402.6

Returns Comparison

1W

1M

3M

6M

1Y

3Y

5Y

10Y

Returns Comparison Table

Entity
left1Wright
Carborundum Universal Ltd-2.8
Grindwell Norton Ltd-1.5
Cummins India Ltd-0.9
Welcast Steels Ltd0.8
Thermax Ltd-7.8
Jyoti CNC Automation Ltd12.0

Last updated time: 23 Nov 10:23 AM

Growth Parameters

Parameter
left2017right
Sales219
Sales YoY Gr.-
Adj EPS27.65
YoY Gr.-
Adj Net Profit2
BVPS499.5

Key Financial Parameters

Parameter
left2017right
Return on Capital Emp. %7.75
Op. Profit Mgn %1.53
Net Profit Mgn %0.81
Debt to Equity %0

Latest Shareholding

No data available

Promoters Holdings Over Time

No data available

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.

FAQs for Welcast Steels Ltd Share Price History

What are the key events that typically impact Welcast Steels Ltd's share price history?

Key events that impact Welcast Steels Ltd’s share price history include quarterly earnings releases, product launches, leadership changes, economic policies, and geopolitical developments.

How do stock splits affect Welcast Steels Ltd's share price history?

Stock splits reduce the nominal price of Welcast Steels Ltd's shares by increasing the number of outstanding shares, which typically makes the stock more accessible to a broader range of investors. Although the total market value of the company remains unchanged after the split, the split can affect investor perception and liquidity, potentially influencing the share price in the longer term.

How do dividends impact the share price history of Welcast Steels Ltd?

Dividends can influence Welcast Steels Ltd's share price history by typically causing a temporary dip on the ex-dividend date, as the stock price often adjusts to reflect the dividend payout. Over time, the impact of dividends on the share price may be offset by the company's overall financial performance and market conditions.

How do corporate announcements affect Welcast Steels Ltd’s share price history?

Corporate announcements such as mergers, acquisitions, or strategic shifts can lead to significant price changes. Any optimistic development news on Welcast Steels Ltd generally boosts the company’s share price, whereas negative news can lead to a decline in share price.

How can I use technical analysis to understand Welcast Steels Ltd’s share price history?

To understand Welcast Steels Ltd’s share price history using technical analysis, examine charts for patterns such as trends, support, and resistance levels, and apply indicators like moving averages or Relative Strength Index (RSI) to gauge potential future movements. Analyze historical data to identify recurring trends and signals that might suggest how the share price could behave under similar conditions.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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