Welspun Corp. Outperforms Midcap Steel Sector Amid Broader Market Trends

Jan 15 2025 09:35 AM IST
share
Share Via
Welspun Corp. has experienced notable stock activity, outperforming the midcap steel sector. The stock opened higher and reached an intraday peak, currently trading above its longer-term moving averages. In contrast to the broader market, Welspun Corp.'s recent performance highlights its relative strength despite a monthly decline.
Welspun Corp. has shown significant activity today, with its stock price increasing by 5.8% on January 15, 2025. This performance has outpaced the midcap steel sector by 3.83%, indicating a positive trend within the industry. Over the last two days, the stock has accumulated a total return of 5.11%.

Today, Welspun Corp. opened with a gain of 2.71% and reached an intraday high of Rs 767.2, reflecting a 5.14% increase. The stock is currently positioned above its 100-day and 200-day moving averages, although it remains below the 5-day, 20-day, and 50-day moving averages.

In terms of broader market performance, Welspun Corp.'s one-day gain of 5.60% stands in contrast to the Sensex, which has only seen a modest increase of 0.17%. Over the past month, the stock has experienced a decline of 1.83%, while the Sensex has faced a more substantial drop of 6.70%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News