രണ്ടാം പാദത്തിലെ മികച്ച സാമ്പത്തിക ഫലങ്ങളും 50,000 കോടി രൂപയുടെ റെക്കോർഡ് ഓർഡർ ബുക്കും വെൽസ്പൺ കോർപ്പിന്റെ ഓഹരികൾക്ക് കരുത്തേകി. വരുമാനത്തിലും എബിറ്റയിലും വളർച്ച രേഖപ്പെടുത്തിയ കമ്പനിയുടെ ഓഹരികൾ തിങ്കളാഴ്ച നേട്ടത്തോടെയാണ് വ്യാപാരം നടത്തിയത്. ജെഎം ഫിനാൻഷ്യൽ ഓഹരിയിൽ ബൈ റേറ്റിംഗ് നിലനിർത്തിയിട്ടുണ്ട്.
On the results front, Welspun Corp reported Q2FY27 consolidated revenue of ₹46.4 billion, up 14% sequentially, while EBITDA rose 5% quarter-on-quarter to ₹7.3 billion
Shares of Welspun Corp were trading higher on Monday afternoon, holding on to modest gains after the pipe-maker posted its second-quarter results on Friday, the last trading session.
On the NSE, the stock was at ₹2,355.40, up ₹13.80 or 0.59 per cent, as of 1.44 pm, after touching an intraday high of ₹2,375.70.
The counter saw traded volume of nearly 6.99 lakh shares, translating to a turnover of ₹161.36 crore.
The stock has surged nearly 194 per cent year-to-date and 143 per cent over the past twelve months, though it remains well below its 52-week peak of ₹2,900 hit on September 29.
Market capitalisation stood at approximately ₹61,967 crore.
The stock carries an ASM Stage-1 surveillance tag, which restricts margin benefits and warrants investor caution. Sell-side sentiment, however, remains firmly positive.
JM Financial maintained its Buy rating on Welspun Corp with a target price of ₹3,020, marginally trimmed from ₹3,070 earlier. Analyst Ashutosh Somani flagged the company's all-time-high global order book of approximately ₹500 billion, or $5.2 billion, as the primary earnings driver, with US orders providing revenue visibility through FY29.
The brokerage cited the firm's disciplined capital allocation, net-cash balance sheet, and diversified business model as key positives underpinning the call.
On the results front, Welspun Corp reported Q2FY27 consolidated revenue of ₹46.4 billion, up 14 per cent sequentially, while EBITDA rose 5 per cent quarter-on-quarter to ₹7.3 billion.
The company ended the quarter with a net-cash position of ₹38.9 billion, up sharply from ₹23.4 billion in Q1FY27. Management maintained its full-year FY27 guidance of ₹200 billion in revenue and ₹28.5 billion in EBITDA.
The company also announced a 225-ktpa HSAW pipe facility in the US and a 50:50 manufacturing joint venture with Perma-Pipe in Jordan, expanding its global footprint ahead of key facility commissionings in Saudi Arabia later this quarter.