NSE: WELSPUNIND | BSE: 514162 | INDUSTRY : TEXTILES | SECTOR : TEXTILES, APPARELS & ACCESSORIES
Strong Performer, Getting Expensive
59.40 0.75 (1.28%)
NSESep 24, 2020 03:31 PM
The 1 reports from 1 analysts offering long term price targets for Welspun India Ltd. have an average target of 45.00. The consensus estimate represents a downside of -24.24% from the last price of 59.40.
| Summary | Date | Stock | Broker | Price at Reco. | Target | Price at reco Change since reco(%) | Upside(%) | Type | Report | Discuss |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020-07-28 | Welspun India Ltd. | Way2Wealth | 38.50 | 45.00 | 38.50 (54.29%) | Target met | Accumulate | |||
| 2017-08-30 | Welspun India Ltd. | Nirmal Bang Institutional | 77.30 | 77.30 (-23.16%) | Not Rated | Welspun India- NOT RATED- Management Meet Update
Nirmal Bang Institutional
We had a meeting with the management of Welspun India (WIL) recently to get an insight on home-textile industry headwinds and the company's business prospects. Following are the key takeaways: We are participating in AsiaMoney's Brokers Poll 2017. We would be pleased if you vote for us as the feedback helps us align our equity research offerings to meet your requirements. Volatility in cotton prices and Indian rupee (INR) appreciation: The home-textile industry...
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| 2017-08-08 | Welspun India Ltd. | HDFC Securities | 80.40 | 80.40 (-26.12%) | Results Update | |||||
| 2017-04-27 | Welspun India Ltd. | HDFC Securities | 94.60 | 94.60 (-37.21%) | Results Update | |||||
| 2017-02-04 | Welspun India Ltd. | HDFC Securities | 78.25 | 78.25 (-24.09%) | Results Update | |||||
| 2016-05-04 | Welspun India Ltd. | Dynamic Levels | 95.30 | 110.00 | 95.30 (-37.67%) | Target met | Buy | Welspun India
Dynamic Levels
Mumbai based company Welspun India run by Dipali Goenka is No. 1 home textiles company in the World. It exports more than 94% of its towels to more than 34 countries out of which 68% is to the US, 23 % to Europe and the balance to Middle East, Australia, Mauritius. It supplies to 12 out of the top 20 retail chains in the world like WalMart, Target, Sam's Club, Costco, Macy's, Kohl's, JC Penney, K-Mart, Sears, Tesco, ASDA, John Lewis Partnership, Carrefour, IKEA. In FY 16 Welspun India has reported growth of 13% in Revenue, growth of 26% in EBITDA Margin and Return on capital Employed (ROCE) and...
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| 2016-04-13 | Welspun India Ltd. | Phillip Capital | 90.80 | 90.80 (-34.58%) | Welspun Mgt Meet 13April2016
Phillip Capital
WCL is a leading manufacturer of submerged arc welded (SAW) and electric resistance welded/highfrequencyinductionwelded(ERW/HFIW)pipeswithmanufacturingfacilitiesin India,theUS,andSaudiArabia.Ithasbeensupplyinglargediameterlinepipestobigplayers...
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| 2016-02-10 | Welspun India Ltd. | Phillip Capital | 90.02 | 90.02 (-34.01%) | Pre-Bonus/ Split | Welspun 10Feb2016
Phillip Capital
We visited one of Welspun's largest integrated manufacturing facilities at Anjar, Gujarat. The company has seen consistently high capacity utilisation in both towels and sheets. It has spent more than Rs 6bn towards capex in 9MFY16 and will spend almost Rs 7bn over...
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| 2015-09-02 | Welspun India Ltd. | Karvy | 76.33 | 76.33 (-22.17%) | Pre-Bonus/ Split | Buy | Welspun India Ltd: Weaving Innovation for Worldwide Clientele (Sep 02, 2015)
Karvy
Leader in Home Textiles Market: Welspun is one of the largest terry towel producers and is the second largest bed sheet producer. Welspun India is No:1 Home textile supplier to US for the third consecutive year. We expect the revenues to grow at 15% CAGR from FY15-FY17E on the back of strong volume growth, margins improvement, company's size, focus on quality products and marquee big clients globally.
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