Welspun Corp. Achieves 52-Week High Amid Broader Market Recovery Trends

Jun 05 2025 10:36 AM IST
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Welspun Corp. has reached a new 52-week high, marking a significant rebound after recent declines. The stock is trading above all key moving averages and has shown impressive one-year performance, significantly outpacing the Sensex. Meanwhile, the broader market is also showing signs of recovery, particularly in small-cap stocks.
Welspun Corp., a prominent player in the Iron & Steel Products industry, has made headlines today as its stock price reached a new 52-week high of Rs. 968.25. This milestone was achieved on June 5, 2025, marking a significant rebound after three consecutive days of decline. The stock's performance today has outpaced its sector by 4.03%, indicating a strong recovery trend.

In terms of moving averages, Welspun Corp. is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward momentum. The stock's impressive one-year performance stands at 94.32%, significantly outperforming the Sensex, which has recorded a gain of only 9.35% over the same period.

On the broader market front, the Sensex opened positively, gaining 197.83 points and currently trading at 81,333.36, reflecting a 0.41% increase. Despite a recent three-week decline of 1.21%, the market is showing signs of recovery, with small-cap stocks leading the way, as evidenced by a 0.67% gain in the BSE Small Cap index.
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