May 17, 2024 04:01 PM
Welcast Steels Ltd
SECTOR : Capital Goods-Non Electrical Equipment | BSE :504988 |
Financials( ₹ in Cr) | Welcast Steels Ltd | Cummins India Ltd | Thermax Ltd | Carborundum Universal Ltd | Grindwell Norton Ltd |
---|---|---|---|---|---|
Price | 1,374.50 | 3,790.85 | 4,941.25 | 1,731.05 | 2,376.30 |
% Change | 3.14 | 2.92 | -2.88 | 12.88 | 4.10 |
Mcap ₹ Cr | 87.69 | 105,082.36 | 58,877.96 | 32,934.61 | 26,310.39 |
Revenue TTM ₹ Cr | 93.92 | 7,772.09 | 8,089.81 | 4,654.28 | 2,012.76 |
Net Profit TTM ₹ Cr | 2.64 | 1,228.15 | 450.70 | 441.70 | 295.08 |
PE TTM | 17.07 | 67.49 | 99.97 | 67.91 | 68.03 |
1 Year Return | 95.41 | 129.88 | 104.53 | 51.27 | 20.22 |
ROCE | 11.48 | 26.89 | 14.53 | 20.69 | 27.49 |
ROE | 7.78 | 22.53 | 12.25 | 17.04 | 20.97 |
Equity Capital: 35.31 Cr FV: 10.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 45,581.63 | -35,822.31 |
LAST 3M | 105,886.10 | -42,131.07 |
LAST 6M | 173,680.57 | 48,055.67 |
LAST 12M | 265,486.86 | 128,722.00 |
Date | Action Type | Ratio |
---|---|---|
Sep 05, 2023 | Dividend | 25 |
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.
115-116 G V M M Estate, Odhav Road Odhav, Ahmedabad, Gujarat, 382415
Tel | : | 91-079-22901078 |
: | info:welcaststeels.com | |
Website | : | http://www.welcaststeels.com |
Bigshare Services Pvt Ltd
AGM Date (Month) | : | Sep |
Face Value Equity Shares | : | 10 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 504988 |
NSE Code | : | |
Book Closure Date (Month) | : | Sep |
BSE Group | : | XT |
ISIN | : | INE380G01015 |
You can buy Welcast Steels Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Welcast Steels Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 17, 2024 04:01 PM the closing price of Welcast Steels Ltd was Rs.1,374.50.
Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 17, 2024 04:01 PM, the market cap of Welcast Steels Ltd stood at Rs. 87.69.
The latest PE ratio of Welcast Steels Ltd as of May 17, 2024 04:01 PM is 17.07
The latest PB ratio of Welcast Steels Ltd as of May 17, 2024 04:01 PM is 0.45
The 52-week high of Welcast Steels Ltd share price is Rs. 1,861.85 while the 52-week low is Rs. 651.05