Welspun Corp Achieves 52-Week High Amid Strong Market Momentum and Resilience

May 29 2025 01:10 PM IST
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Welspun Corp has reached a new 52-week high of Rs. 903.2, reflecting strong market momentum and a notable performance in the Iron & Steel Products sector. The stock has outperformed its sector and delivered a significant return over the past year, showcasing its robust growth trajectory.
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. 903.2. This milestone, achieved on May 29, 2025, marks a significant performance indicator for the large-cap company. The stock has shown remarkable resilience, outperforming its sector by 8.11% and recording a consecutive gain over the past four days, resulting in a total return of 16.37% during this period.

Today, Welspun Corp opened with a notable gain of 2.51%, reflecting strong market momentum. The stock's intraday high of Rs. 903.2 represents an 11.15% increase, further emphasizing its upward trajectory. Additionally, Welspun Corp is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust performance trend.

In the broader market context, the Sensex opened higher at 81,591.03, gaining 278.71 points, while the BSE Small Cap index is leading with a 0.36% increase. Over the past year, Welspun Corp has delivered an impressive 47.08% return, significantly outpacing the Sensex's performance of 9.18%. The stock's 52-week low stands at Rs. 441, highlighting its substantial growth over the year.
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