Shares of Welspun Corp have surged more than 1,150 per cent from its covid-19 lows around Rs 62 apeice and it has gained over 550 per cent in the last five years.
Brokerage Axis Securities has recommended a ‘Buy’ on Welspun Corp. The brokerage has set a target price of Rs 875.
The multibagger stock touched a 52-week high of Rs 994.60 on June 10, 2025 and a 52-week low of Rs 665.70 on March 3, 2025.
Geojit said that Welspun Corp registered a decisive breakout above the downward-sloping trendline on strong volumes, signaling renewed bullish momentum.
Welspun Corp, closed at Rs 880.90, is another fundamental recommendation. As part of the $5 billion Welspun World, the company has executed some of the most challenging pipeline projects globally, SMC Global said.
The multibagger stock rose 3% to Rs 940 on BSE. Earlier, the stock opened higher at Rs 917.30 against the previous close of Rs 912.70.
The multibagger stock rose 6.31% to Rs 969.05 on BSE on Thursday. The stock has gained 95% in a year and risen 263% in two years.
Welspun Corp's stock traded higher than the 5-day, 10-, 20-, 30-, 50-, 100-, 150-day and 200-day simple moving averages (SMAs).
Welspun Corp shares rose 1.33% to Rs 765 on BSE on Wednesday. Market cap of Welspun Corp stood at Rs 20,136 crore.
Select largecap stocks including ICICI Bank, JSW Steel, Bajaj Finance, Kotak Mahindra Bank hit their 52-week high during the trading session on Monday as the market continued to rally.
The multibagger stock ended 0.92% higher at Rs 879.55 on BSE on Friday. The stock has gained 486% in three years and risen 351% in two years.





