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Welspun Corp Ltd rises for third consecutive session

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Capital Market

The stock is quoting at Rs 157.8, up 5.94% on the day as on 12:49 IST on the NSE. Welspun Corp Ltd is up 17.63% in last one year as compared to a 17.43% drop in NIFTY and a 0.01% drop in the Nifty Metal index.

Welspun Corp Ltd gained for a third straight session today. The stock is quoting at Rs 157.8, up 5.94% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.04% on the day, quoting at 11575.5. The Sensex is at 38325.43, up 0.1%. Welspun Corp Ltd has risen around 37.16% in last one month.

 

Meanwhile, Nifty Metal index of which Welspun Corp Ltd is a constituent, has risen around 5.58% in last one month and is currently quoting at 3466.95, down 1.54% on the day. The volume in the stock stood at 27.89 lakh shares today, compared to the daily average of 17.04 lakh shares in last one month.

The PE of the stock is 112.61 based on TTM earnings ending June 18.

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First Published: Aug 23 2018 | 1:06 PM IST

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