Welspun India Ltd NSE  /  BSE

Textiles, Small Cap

05 Aug 2020 | 03:57 PM

43.70
0.50 (1.16%)

Independent Research

theScreeners

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Star Rating

Initiated on 01-01-70

Target Price

Performance parameters

  • Earnings Revision Trend

    Analysts neutral but previously positive (since 03-Apr-2020)

    Compared to seven weeks ago, the analysts have not significantly revised their earnings per share estimates (changes between +1% and -1% are considered neutral). But the last significant trend is positive since 03-Apr-2020 at a price of 21.00.

  • Valuation Rating

    Fairly priced

    Based on its growth potential and our own criteria, at its current price the stock is fairly valued.

  • MT Tech Trend

    Trend negative since 24-Jan-2020

    The forty day Medium Term Technical Trend is negative since 24-Jan-2020. The confirmed Technical Reverse point (Tech Reverse + 1.75%) is 29.182.

  • 4W REL Performance

    vs. SENSEX30

    The four week relative overperformance versus SENSEX30 is 8.070.

Risk parameters

  • Risk Zone

    Moderate

    The stock has been on the moderate-sensitivity level since 04-Jun-2019.

  • Bear Market

    Average sensitivity to market corrections

    On average, the stock is likely to decline with the index.

  • Bad News

    Slight market sanction in case of specific pressure

    When the stock's pressure is specific, the market sanction on average is 388%.

  • Beta

    80 Low sensitivity to SENSEX30

    For 1% of index variation, the stock varies on average by 80%.

  • Correlation

    0.41 Fair correlation to SENSEX30

    0.4112% of stock movements are explained by index variations.

  • Value at Risk

    Rs.5.42 The medium term value at risk is estimated at 5.42 or 0.20596%

    The value at risk is estimated at 5.42. The risk is therefore 0.20596%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.

Other parameters

  • LT Growth

    2.7 Current year to 2021 annualized estimate

    The annualized growth estimate is for the current year to 2021.

  • P/E Ratio

    4.53 Estimated PE for 2021

    The estimated PE is for the year 2021.

  • G/PE Ratio

    1.77 High discount to expected growth due to base effect

    A ratio (Forecasted Growth + Estimated Dividend Yield/ Estimated Price Earnings) higher than 1.6 often suggests the projected growth is a result of a base effect, meaning the company can often be in a turn around situation. In this case, the estimated PE is a better indicator of a stock's expected growth than the Long Term Growth (LT Growth).

  • Dividend Yield

    5.34% Dividend is largely covered by profits

    The twelve month estimated dividend yield represents 24.207% of earnings forecasts.

  • Global Evaluation

    Neutral

    The stock is classified in the neutral zone since 28-Jan-2020.