Announced Wed, 5 Aug · 19:43 IST
CARE Reaffirms Welspun Corp Long-Term Rating at AA+ Stable
WELCORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹1789.00
prior close
₹1800.00
base price
After-mkt
timing
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+0.2+0.5+0.8+1.0+2.8+3.3+3.1+4.2+5.4+5.3————
Up moveDown movePending
AI summary
CARE Ratings reaffirmed Welspun Corp's long-term bank facilities and NCDs at CARE AA+ with Stable outlook, and short-term facilities at A1+. FY26 revenue stood at Rs 16,749 crore with PBILDT of Rs 2,207 crore. The company is in a net cash position of Rs 202 crore, with order book of Rs 25,750 crore providing 18-24 months revenue visibility. Strengths include strong US line pipes business driven by LNG and AI data centre demand.
Likely market impact
Stable outlook and net cash position signal financial strength. Strong order book and US demand visibility support growth prospects.