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Welspun Corp Ltd sees sustained losses

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Capital Market

Welspun Corp Ltd is quoting at Rs 102.4, down 4.61% on the day as on 13:24 IST on the NSE. The stock tumbled 20.48% in last one year as compared to a 11.55% slide in NIFTY and a 37.52% fall in the Nifty Metal index.

Welspun Corp Ltd is down for a fifth straight session today. The stock is quoting at Rs 102.4, down 4.61% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 4.62% on the day, quoting at 10033.05. The Sensex is at 34159.85, up 4.22%.Welspun Corp Ltd has lost around 50.61% in last one month.Meanwhile, Nifty Metal index of which Welspun Corp Ltd is a constituent, has eased around 28.23% in last one month and is currently quoting at 1800.6, up 4.18% on the day. The volume in the stock stood at 26.95 lakh shares today, compared to the daily average of 15.06 lakh shares in last one month.

 

The PE of the stock is 0 based on TTM earnings ending December 19.

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First Published: Mar 13 2020 | 1:35 PM IST

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