From mint · Nishant Kumar · · 1m
Welspun Corp Shares Surge 230% YTD
Welspun Corp shares surge 230% YTD as experts debate Q2 results buy.
In brief
Welspun Corp shares surge 230% YTD as experts debate Q2 results buy. Welspun Corp shares surged 230% year-to-date with strong multibagger returns but experts warn against buying ahead of Q2 results due to stretched valuations. Originally reported by mint.
Welspun Corp Shares Surge
Welspun Corp shares surged 230% year-to-date with strong multibagger returns.
YTD Performance
The stock gained nearly 215% in the last year and soared 490% over 3 years.
Q2 Results Coming
Welspun Corp will announce Q2FY27 results in coming weeks with no official board meeting date.
Expert Analysis
Ravi Singh notes record 17% operating profit margin but stretched valuations at 29x price-to-forward earnings.
Saurabh Jain's View
Saurabh Jain highlights strong Q1 FY27 revenue of ₹4,081 crore and ₹756 crore EBITDA.
Valuation Concerns
The stock trades at 28-30x trailing P/E and over 7x price-to-book multiple with stretched valuations.
Investor Advice
Experts recommend waiting for a correction to ₹2,015 before buying with target of ₹2,800.
What matters most
Welspun Corp shares surged 230% year-to-date with strong multibagger returns but experts warn against buying ahead of Q2 results due to stretched valuations.
