Welspun Enterprises Ltd Share Price

Welspun chart analysis in details attached chart and study

Water Infrastructure Themed Watchlist for Longterm 💧

Water demand is rising with urbanisation and industrial growth. A few listed companies worth tracking: • VA Tech Wabag • EMS Limited • Ion Exchange • Enviro Infra Engineers • Jain Irrigation • Welspun Enterprises • L&T Water treatment and supply could become an increasingly important theme over the next decade.

MOMENTUM MANTRA DAILY RUN-UP 📅 06 August 2026

MOMENTUM MANTRA DAILY RUN-UP 📅 06 August 2026 Opening View Indian markets are likely to open on a positive note, with GIFT Nifty trading near 24,723, up 74.80 points (+0.30%). Supportive global cues and sustained buying interest may keep sentiment positive, while the 24,700–24,800 zone will remain the immediate resistance area to watch. 📈 📈 Market Recap Indian equity benchmarks ended marginally higher in a volatile session after the RBI kept the repo rate unchanged at 5.25% and maintained its neutral policy stance, in line with expectations. However, higher crude oil prices amid renewed geopolitical tensions limited the market's gains. 📈 Nifty Key Levels ▪️ Support: 24,430 | 24,350 ▪️ Resistance: 24,650 | 24,780 💰 FII/DII Flow ▪️ FII: -₹943.42 crore ▪️ DII: +₹2,883.17 crore 📊 Options Positioning ▪️ PCR: 0.91 (Neutral to Slightly Bullish) – Put and Call OI remain relatively balanced, indicating a mildly positive near-term bias. ▪️ Resistance: 24,700–24,800 zone, with the highest Call OI concentration at 24,700, followed by 24,800 and 25,000. ▪️ Support: 24,600–24,500 zone, backed by strong Put OI buildup, with the highest Put OI at 24,600, followed by 24,500 and 24,400. ▪️ Max Pain: 24,550 – Suggests Nifty may gravitate around this level ahead of the weekly expiry. ▪️ Interpretation: PCR at 0.91 indicates a neutral to slightly bullish market structure. As long as Nifty holds above the 24,550–24,600 support zone, the broader positive bias is likely to remain intact. A sustained move above 24,700 could trigger fresh buying towards 24,800–25,000, while a break below 24,550 may lead to profit booking towards 24,500–24,400. Source: NSE India 🏭 Sectoral Outlook 🟢 Bank Nifty – Buy on Dips 🟢 PSU Bank – Buy on Dips 🟢 Metal – Buy on Dips 🟢 Energy – Buy on Dips 🟢 Pharma – Buy on Dips 🟢 Auto – Accumulate 🟡 Realty – Stock Specific 🚫 Stocks in NEWS

Technical Analysis Welspun Enterprises Ltd

The stock

Welspun Enterprises Arm Secures ₹7,300 Crore Pune-Shirur Highway Project

Welspun Enterprises' shares are expected to remain in focus on July 14 after its subsidiary, Welspun Pune Shirur Projects, signed a concession agreement with the Maharashtra State Infrastructure Development Corporation (MSIDC) and the Government of Maharashtra for the Rs 7,300 crore Pune-Shirur highway project. The project involves the construction of a six-lane partially elevated highway corridor and the upgradation of the existing Pune-Shirur stretch of NH-753F in Maharashtra. It will be executed under the Design, Build, Finance, Operate and Transfer (DBFOT) model. The sub-concession period is 29 years, including a four-year construction phase starting from the appointed date. The agreement also includes provisions for extending the concession period, subject to its terms. Welspun Enterprises' stock has rallied around 40% over the past three months. It hit a 52-week high of Rs 634.15 on July 1, 2026, and a 52-week low of Rs 391.20 on March 16, 2026. The stock is currently trading 2.87% below its 52-week high and 57.45% above its 52-week low, giving the company a market capitalisation of Rs 8,525.6 crore.