Welspun Corp. Achieves 52-Week High Amid Strong Market Performance Trends

Welspun Corp., a prominent player in the Steel/Sponge Iron/Pig Iron industry, has made headlines today as its stock price reached a new 52-week high of Rs. 900. This milestone was achieved on March 24, 2025, marking a significant moment for the large-cap company. The stock has shown impressive performance, outperforming its sector by 0.82% and recording a consecutive gain over the past four days, resulting in a total return of 10.82% during this period.
Intraday trading saw Welspun Corp. touch a high of Rs. 900, reflecting a 2.33% increase for the day. Notably, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In the broader market context, the Sensex opened higher at 77,456.27, gaining 550.76 points (0.72%), and is currently trading at 77,259.38, up 0.46%. The Sensex has experienced a three-week consecutive rise, gaining 5.55% in that timeframe, while small-cap stocks are leading the market with the BSE Small Cap index up by 0.67%. Over the past year, Welspun Corp. has delivered a remarkable 65.70% return, significantly outpacing the Sensex's 6.08% performance. The stock's 52-week low stands at Rs. 441.