Welspun Living Ltd. share price target

Revenue decreased by 17.07% to Rs. 1306.77 Cr in Q3FY17 when compared to the previous quarter. On the other hand, it grew by 1.2% when compared with Q3FY16.

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...

WCL is a leading manufacturer of submerged arc welded (SAW) and electric resistance welded/highfrequencyinductionwelded(ERW/HFIW)pipeswithmanufacturingfacilitiesin India,theUS,andSaudiArabia.Ithasbeensupplyinglargediameterlinepipestobigplayers...

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...

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.