No Matches Found
No Matches Found
No Matches Found
Welcast Steels Faces Significant Volatility Amidst Ongoing Trading Challenges
Welcast Steels, a microcap in the Steel/Sponge Iron/Pig Iron sector, has hit a new 52-week low amid significant volatility. The stock has declined 30.39% over the past year, underperforming against the Sensex, and has shown erratic trading patterns, trading below multiple moving averages.
Welcast Steels Hits 52-Week Low Amid Broader Sector Challenges in October 2023
Welcast Steels, a microcap in the Steel/Sponge Iron/Pig Iron sector, has reached a new 52-week low, reflecting a significant decline of 30.16% over the past year. The stock shows high intraday volatility and is trading below key moving averages, indicating ongoing challenges in a struggling market.
Welcast Steels Faces Persistent Downward Trend Amid Market Volatility in October 2023
Welcast Steels, a microcap in the Steel/Sponge Iron/Pig Iron sector, has hit a new 52-week low, reflecting significant volatility and underperformance compared to its sector. The stock has declined consecutively over two days and has faced a year-to-date drop, contrasting with broader market gains.
Welcast Steels Hits 52-Week Low Amid Broader Steel Industry Challenges
Welcast Steels, a microcap in the Steel/Sponge Iron/Pig Iron sector, has hit a new 52-week low, underperforming its industry. The stock has faced significant volatility, trading at its daily low after a notable decline over the past year, contrasting with broader market gains. Technical indicators suggest a downward trend.
Welcast Steels Reports Stable Q3 FY24-25 Results Amid Score Adjustment
Welcast Steels has announced its financial results for the quarter ending February 2025, showing stable performance for Q3 FY24-25. The company's evaluation score has improved from -5 to -2 over the past three months, indicating a reassessment of its financial health amidst industry challenges.
Welcast Steels Announces Q2 Financial Results, Receives 'Strong Sell' Rating from MarketsMOJO
Welcast Steels, a microcap company in the steel industry, reported its financial results for the quarter ending September 2024. The company's score has fallen from -3 to -5 in the last three months, but its dividend per share is at its highest in five years. However, net sales have decreased by 32.4% and cash reserves have also decreased, indicating a mixed performance for the company.
MarketsMOJO Downgrades Welcast Steels to 'Strong Sell' Due to Weak Performance
Welcast Steels, a microcap company in the iron and steel industry, has been downgraded to a 'Strong Sell' by MarketsMOJO due to its weak long-term fundamentals, poor debt servicing ability, and low profitability. The stock has also shown a negative trend and is considered expensive with concerns about corporate governance.
Welcast Steels Reports Mixed Performance in Q1 FY25 Financial Results
Welcast Steels, a microcap company in the iron and steel industry, has reported a flat performance in the quarter ending June 2024, with a -3 score compared to 18 in the previous quarter. However, net sales have grown by 22.75% year on year, while profit before and after tax have seen a decline. The company's earnings per share have also decreased, indicating a mixed performance. Investors are advised to hold their position and monitor future financial results.
MarketsMOJO Upgrades Welcast Steels to 'Hold' Rating, Company Shows Strong Financial Position and Positive Results
Welcast Steels, a microcap company in the iron and steel industry, has received a 'Hold' rating from MarketsMOJO on July 25, 2024. The company has shown positive results for the last three quarters, with a low Debt to Equity ratio and a mildly bullish stock trend. However, its long-term growth and expensive valuation may be a concern for investors.
MarketsMOJO downgrades Welcast Steels to 'Sell' due to weak fundamentals and technical trend
MarketsMOJO downgraded its stock call on Welcast Steels to 'Sell' due to weak fundamental strength, poor debt servicing ability, and low profitability. However, the company has shown positive results in the last 3 quarters and has an attractive valuation with potential for future growth. Investors should carefully consider all factors before making an investment decision.
MarketsMOJO upgrades Welcast Steels to 'Hold' after consecutive positive quarters
Welcast Steels, a microcap company in the iron and steel industry, has received a 'Hold' rating from MarketsMOJO after declaring positive results for the last three quarters. Its net sales and profits have increased, and technical indicators show a bullish trend. However, long-term fundamental strength and debt-servicing ability are weak, making it advisable for investors to hold and monitor the company's performance.
Welcast Steels Reports Strong Financial Performance in Q1 2024.
Welcast Steels, a microcap company in the iron and steel industry, has reported a positive financial performance for the quarter ending March 2024. The company's Profit After Tax (PAT) has increased by 204.88% year on year, while Net Sales have shown a growth of 41.60% year on year. The company's operational performance has also improved, with its Operating Profit (PBDIT) at its highest in the last five quarters. Overall, Welcast Steels has shown strong growth in key areas, indicating a promising future for the company.
MarketsMOJO Downgrades Welcast Steels to 'Sell' Due to Weak Fundamentals and High Valuation
Welcast Steels, a microcap company in the iron and steel industry, has been downgraded to a 'Sell' by MarketsMOJO due to weak long-term fundamental strength, poor debt servicing ability, and low profitability. The company's net sales growth and return on equity are also low, while its valuation is expensive. However, recent growth in net sales and profits, as well as bullish technical factors and promoter confidence, have contributed to its market-beating performance. Investors should approach this stock with caution.
Microcap Company Welcast Steels Hits 52-Week High, Outperforms Sector by 13.91%
Welcast Steels, a microcap company in the iron and steel industry, reached a new 52-week and all-time high of Rs. 1861.85 on April 29, 2024. With a 'Hold' rating from MarketsMOJO, the stock has been outperforming the sector by 13.91% and has shown a 149.73% increase in the past year.
Microcap Company Welcast Steels Surges, Outperforms Sector and Sensex in Today's Trading
Welcast Steels, a microcap company in the iron and steel industry, has seen a surge in its stock price, reaching an all-time high on April 29th, 2024. The stock has been given a 'Hold' rating by MarketsMOJO and is currently trading above its moving averages. With a strong growth of 145.16% in the past year, Welcast Steels shows potential for future success.
MarketsMOJO upgrades Welcast Steels to 'Hold' after positive Q4 results, but long-term fundamentals and valuation raise concerns
Welcast Steels, a microcap company in the iron and steel industry, has received a 'Hold' rating from MarketsMOJO after reporting a 57.50% growth in net sales and higher PAT in December 2023. The stock is in a bullish range with positive technical indicators, but its weak long-term fundamentals and expensive valuation should be considered before investing.
MarketsMOJO Downgrades Welcast Steels to 'Sell' Due to Weak Fundamentals and Expensive Valuation
Welcast Steels, a microcap company in the iron and steel industry, has been downgraded to a 'Sell' by MarketsMOJO due to weak long-term fundamentals and concerns about debt servicing. The company's profitability and valuation are also cause for concern. However, recent improvements in net sales and profits, along with a bullish technical outlook, may offer some hope for the stock.
MarketsMOJO Upgrades Welcast Steels to 'Hold' Rating After Positive Q4 Results
Welcast Steels, a microcap company in the iron and steel industry, received a 'Hold' rating from MarketsMOJO on March 18, 2024. The company reported a 57.50% growth in net sales and a higher PAT of Rs 3.32 crore in December 2023. However, its long-term fundamental strength and valuation may be a concern for investors.
MarketsMOJO Downgrades Welcast Steels to 'Sell' Due to Weak Fundamentals and Expensive Valuation
Welcast Steels, a microcap company in the iron and steel industry, has been downgraded to a 'Sell' by MarketsMOJO due to weak long-term fundamental strength, poor debt servicing ability, and low profitability. The stock is currently trading at a premium and has shown a decline in profits. However, recent results and technical indicators suggest some potential for growth.
{{list.post_title}}
{{list.post_excerpt}}
{{list.post_title}}
{{list.post_excerpt}}