back to top
HomeSTOCKSFII And DII Favorite Stock, Price Only ₹137; Experts Are Positive, ₹200...

FII And DII Favorite Stock, Price Only ₹137; Experts Are Positive, ₹200 Target

textile
Hot Stocks Alert Join

Welspun Living Ltd (NSE: WELSPUNLIV): The shares of the midcap stock Welspun Life Ltd Share are the preferred choice of international institutional investors as well as domestic investors. 

In the December ended quarter, the FIIs increased their stake in the business to 6.33 percent and 7.25 percent. 

An experienced investor has been increasing his stake in the stock each quarter following 2022. 

Welspun Living Limited share has jumped 101 percent over the year. In the last trading session, the multibagger stock was trading at 137.55 and had risen by 1.18 percent.

The analyst’s opinion on the stocks of Welspun Living Limited is positive. He believes that the stock is still full of potential to earn profit. 

The market capitalization of the firm is 13,353 crore. The 52-week high of this stock is 145.65 and the lowest level for the 52-week is 133.90. According to the brokerage, the share can go upto Rs 200.

The Stakes Of FIIs Are Growing

Foreign institutions have been growing their stake in Welspun Living Limited for the past few months. 

Based on data the FIIs/FPIs grew their share of Welspun Living from 6.33 percent to 7.25 percent in the period that ended in December 2023. 

Promoters own 70.50 percent of the company. The shareholding of the public is 15.52 percent. Mutual funds also hold a 2.03 percent stake in the stock.

Experts Are Continuously Buying Shares

An experienced investmentist is adamant about Welspun Living’s shares. He holds 14,220,781 shares in the company. 

According to sources, he holds the equivalent of a 1.5 percent stake in the company. The amount of his stake is 195.3 crore. He has boosted his stake in this stock every quarter following the year 2022.

It Gave 104.54% In One Year

Welspun Living shares have given investors a 104.54% return in the last 1 year. Shares of this company stood trading at the price of 68.40 one year ago on the 27th of January 2023. 

They have now risen to 137.55. In this manner, the stock has provided investors with a profit of 101 percent in just one year. 

In the end, all investors are positive about this stock, and it is anticipated that the company will receive foreign orders, which means the company’s fundamentals will get more strong.

About Welspun Living Ltd

Welspun India Limited (Welspun) is an Indian-based business. It is a member of the US$ 2.7 billion Welspun Group and is one of the biggest home textile producers around the globe. 

It makes Home & Technical textile products as well as flooring solutions, bed linens, mostly carpets, terry towels, and rugs. 

The segments of the company include Home Textiles, Power and Flooring.

Home Textiles: towels, bedsheets, sheets, bath rugs/mats, area rugs, bedding, bathrobes, carpet, and trendy bedding. 

Power segment: production of electricity.

Flooring segment: Tiles and grass tiles. The flooring segment includes ResilonX, HealthyFloor, and Welspun Ecolite. 

The brands of the company include Christy, Welspun, Welhome, Welspun Health, Spaces, SPUN, Martha, and Scott Living. 

The company’s total operating revenues are 5654.62 crores while capital invested in equity is 98.81 crores.

Fundamental Analysis of Welspun Living Ltd 

Market Cap₹ 13,353 Cr.
Current Price₹ 137.55
52-wk High₹ 145.65
52-wk Low₹ 133.90
Stock P/E
Book Value₹ 43.2
Dividend0.07 %
ROCE6.01 %
ROE4.77 %
Face Value₹ 1.00
P/B Value3.18
OPM13.1 %
EPS₹ 5.36
Debt₹ 2,451 Cr.
Debt to Equity0.58

Welspun Living Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹153₹202
2025₹212₹243
2026₹254₹265
2027₹300₹325
2028₹365₹387
2029₹405₹432
2030₹443₹465
Hot Stocks Alert Join

Welspun Living Ltd Shareholding Pattern

Promoters Holding
Dec 202270.36%
Mar 202370.36%
June 202370.50%
Sept 202370.50%
Dec 202370.50%
FII Holding
Dec 20226.14%
Mar 20235.80%
June 20236.34%
Sept 20236.33%
Dec 20237.25%
DII Holding
Dec 20225.72%
Mar 20235.72%
June 20235.71%
Sept 20235.89%
Dec 20235.35%
Hot Stocks Alert Join
Public Holding
Dec 202217.77%
Mar 202317.13%
June 202316.43%
Sept 202316.27%
Dec 202315.90%
Others Holding
Dec 20220.00%
Mar 20230.99%
June 20231.01%
Sept 20231.01%
Dec 20231.01%

Welspun Living Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 6,527 Cr
2020₹ 6,741 Cr
2021₹ 7,340 Cr
2022₹ 9,311 Cr
2023₹ 8,716 Cr
Hot Stocks Alert Join

Last 5 Years’ Net Profit:

2019₹ 226 Cr
2020₹ 524 Cr
2021₹ 551 Cr
2022₹ 607 Cr
2023₹ 536 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20191.07
20201.07
20210.75
20220.8
20230.57

Last 10 Years’ Profit Growth:

10 Years:-2%
5 Years:-13%
3 Years:-26%
Current Year:119%

Last 10 years’ Return on Equity (ROE):

10 Years:18%
5 Years:13%
3 Years:12%
Last Year:5%

Sales Growth Over 10 Years:

10 Years:8%
5 Years:6%
3 Years:6%
Current Year:0%

Conclusion

This article is a complete guide about Welspun Living Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Also Read: ₹55 Dividend Was Given In 2023; Now Again For 2024 Dividend Declared, Date Fixed

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here