NSI Equity Snapshot

WELCORP Weekly Equity Report

Welspun Corp Limited

Latest Close 1,402 INR 12 Jun 2026
1W Return 1.0% latest completed week
4W Return 7.1% short-term follow-through
12W Return 74.4% quarterly tape
Trend Breadth 57.7% 30 of 52 weeks active
Volume Ratio 0.7x vs 13-week average
Company Brief

What the company does

Welspun Corp Limited, together with its subsidiaries, manufactures, trades in, distributes, and sells steel pipes, tubes, bars, coils, and plates in India, the United States, and internationally. It operates through Steel Products and Others segments. The company offers carbon steel line pipes comprising longitudinal submerged arc welding, helically submerged arc welding, high frequency welding, bends, and anti-corrosion and concrete weight coating; ductile iron pipes; thermo-mechanically treated bars and billets; pig iron products; stainless steel and alloy products; water storage tanks; industrial containers; SMC panel tanks; electrical enclosures; and uPVC doors and interiors. It also provides …

Snapshot

What the weekly tape is saying

WELCORP closed the latest completed week at 1,402 INR. The 4-week return is 7.1% and the 12-week return is 74.4%. Trend Signal is active, Market Dynamics is 1.56. Setup signature: Leadership continuation with a 74/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 47.3%
Volume 0.7x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 59 Persistence of active Trend Signal over the last year and current streak.
Momentum 100 Blend of 4-week and 12-week follow-through.
Dynamics 77 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 100 Relative leadership and short-term RS change.
Volume 30 Participation compared with the 13-week volume baseline.
Risk Control 76 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
951.9 INR
Vs Trend Line
47.3%
Fair Value
711.3 INR
Vs Fair Value
97.2%
52W High
1,427 INR
52W Low
710.0 INR
Drawdown
-1.7%
Range Position
96.6%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W 1.0%
4W 7.1%
12W 74.4%
26W 76.8%
52W 55.7%

Trend read

Active Streak
8 weeks
52W Active Weeks
30
52W Active Breadth
57.7%
Sector Scope
IN Basic Materials
Sector Rank
112 of 370
Sector Percentile
69.9%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
1.56
4W MD Change
-12.8%
Relative Strength
58.86
4W RS Change
6.6%
Expectation
Positive
Probability
56.05%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
2.9M
13W Average
4.1M
52W Average
3.2M
Vs 13W
0.7x
Vs 52W
0.9x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
5.0%
52W Volatility
5.0%
Upside Weeks
28
Downside Weeks
24
Downside Breadth
46.2%
Avg Gain / Loss
4.2% / -2.8%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
NSI
Country
IN
Sector
Basic Materials
Industry
Steel
Currency
INR
Market Cap
363.1B

Opportunity signals

  • Trend Signal is active with a 8-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Market Dynamics is positive on the latest completed week.

Risk signals

  • No major top-level risk cluster is currently dominant.

Watch next

  • Price is close to its 52-week high; watch for continuation or exhaustion.
  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 1,402 INR 1.0% 951.9 INR 711.3 INR 1.56 58.86 2.9M On
5 Jun 2026 1,389 INR 0.9% 935.8 INR 704.0 INR 1.64 60.96 4.6M On
29 May 2026 1,377 INR 7.8% 919.7 INR 696.8 INR 1.66 60.10 4.1M On
22 May 2026 1,278 INR -2.4% 906.0 INR 689.6 INR 1.71 49.11 5.8M On
15 May 2026 1,309 INR 1.3% 891.3 INR 682.9 INR 1.79 55.21 4.2M On
8 May 2026 1,292 INR 2.0% 875.3 INR 676.0 INR 1.83 51.79 3.3M On
1 May 2026 1,267 INR 4.9% 860.5 INR 669.1 INR 1.81 51.88 4.6M On
24 Apr 2026 1,207 INR 12.1% 847.1 INR 662.4 INR 1.53 47.14 11.1M On
17 Apr 2026 1,077 INR 12.0% 835.5 INR 656.1 INR 1.18 30.21 4.5M Off
10 Apr 2026 961.8 INR 13.6% 829.7 INR 650.5 INR 0.83 18.51 3.8M Off
3 Apr 2026 846.8 INR 3.6% 827.0 INR 645.7 INR 0.59 10.93 1.6M Off
27 Mar 2026 817.3 INR 1.7% 827.1 INR 641.6 INR 0.48 6.70 1.8M Off
20 Mar 2026 803.8 INR 0.5% 827.9 INR 637.6 INR 0.39 3.54 1.6M Off
13 Mar 2026 800.2 INR -1.1% 830.8 INR 633.7 INR 0.02 2.75 3.6M Off