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Market Capitalization of Welcast Steels Ltd

Market Capitalization of Welcast Steels Ltd

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₹ 0.0 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

0.2 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Welcast Steels Ltd

NSE: WELCASTSTEELS

MARKETCAP

₹ 89.77 crore

Last updated on: Nov 07, 2024

Key Highlights

  • The Market Cap of Welcast Steels Ltd is ₹ 89.77 crore as of 07 Nov 24.
  • The Market Cap of Welcast Steels Ltd changed from ₹ 37.62 crore on March 2019 to ₹ 98.9 crore on March 2024 . This represents a CAGR of 17.48% over 6 years. .
  • The Latest Trading Price of Welcast Steels Ltd is ₹ 1402 as of 07 Nov 15:30.
  • The Dividend Payouts of Welcast Steels Ltd changed from ₹ 2 to ₹ 2.5 over 6 quarters. This represents a CAGR of 16.04% .

Historical Market Cap of Welcast Steels Ltd

No data available

* All values are in crore

Company Fundamentals for Welcast Steels Ltd

No data available

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Welcast Steels Ltd

NSE: WELCASTSTEELS

PRICE

₹ 1402.6

21.15 (1.53%)

stock direction

Last updated on: Nov 07 03:30 PM

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Welcast Steels Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
07 Nov 20241402.6
06 Nov 20241381.45
05 Nov 20241404.8
04 Nov 20241350
01 Nov 20241375.35
31 Oct 20241335
30 Oct 20241352.95
29 Oct 20241318.55
25 Oct 20241440.95
24 Oct 20241454.9

SWOT Analysis Of Welcast Steels Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Welcast Steels Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Welcast Steels Ltd

Market Value

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Asset Value

0

* All values are in Rupees

Competitive Comparison of Market Cap

Key Valuation Metric of Welcast Steels Ltd

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No data available

Historical P/E Ratio of Welcast Steels Ltd

No data available

* All values are in %

Historical Revenue of Welcast Steels Ltd

No data available

* All values are in crore

Historical EBITDA of Welcast Steels Ltd

No data available

* All values are in crore

Historical Net Profit of Welcast Steels Ltd

No data available

* All values are in crore

Historical Dividend Payouts of Welcast Steels Ltd

No data available

* All values are in

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.

Welcast Steels Ltd News Hub

News

Welcast Steels to announce Quarterly Result

Welcast Steels will hold a meeting of the Board of Directors of the Company on 29 October ...

Read more

19 Oct 202409:55

News

Welcast Steels to conduct board meeting

Welcast Steels will hold a meeting of the Board of Directors of the Company on 7 August 20...

Read more

31 Jul 202410:16

News

Board of Welcast Steels recommends final dividend

Welcast Steels announced that the Board of Directors of the Company at its meeting held on...

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14 May 202410:01

News

Welcast Steels to hold AGM

Welcast Steels announced that the 52th Annual General Meeting(AGM) of the company will be ...

Read more

14 May 202410:01

News

Welcast Steels to conduct board meeting

Welcast Steels will hold a meeting of the Board of Directors of the Company on 13 May 2024...

Read more

04 May 202414:22

News

Welcast Steels announces board meeting date

Welcast Steels will hold a meeting of the Board of Directors of the Company on 2 February ...

Read more

24 Jan 202413:43

Product Composition

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Annual Reports

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Credit Ratings

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Concalls

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FAQs for Welcast Steels Ltd Market Cap

What is the market cap of Welcast Steels Ltd?

As of November 8, 2024, Welcast Steels Ltd has a market capitalization of ₹89.77, however, this figure is subject to change due to fluctuations in its stock price and market conditions.

What factors influence Welcast Steels Ltd's market capitalization?

Welcast Steels Ltd's market capitalization is influenced by factors such as its financial performance, and the company’s ability to innovate and adapt to market trends. Moreover, macroeconomic factors like economic conditions, currency fluctuations, and global automotive industry trends also affect its market capitalization.

Can market capitalization be used to predict future stock performance of Welcast Steels Ltd?

Market capitalization alone is not a reliable predictor of future stock performance, as it reflects the current value of a company's equity rather than its future potential. To forecast %s's future stock performance, investors should consider additional factors such as financial health, growth prospects, industry trends, and broader economic conditions.

How often does Welcast Steels Ltd's market capitalization change?

Welcast Steels Ltd's market capitalization can change frequently, within a single trading day, due to fluctuations in stock price. These changes are influenced by market conditions, investor sentiment, company performance, and broader economic factors. Therefore, tracking its market capitalization requires continuous monitoring of stock price movements and related financial news.
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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