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Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
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Company share prices are keep on changing according to the market conditions. The closing price of Wellman Incandescent on 01-Jan-1970 05:30 is ₹0.00.
What is the market cap of Wellman Incandescent?
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Wellman Incandescent stood at ₹0.00.
What is the P/E ratio of Wellman Incandescent?
The latest P/E ratio of Wellman Incandescent as of 01-Jan-1970 05:30 is 0.00.
What is the P/B ratio of Wellman Incandescent?
The latest P/B ratio of Wellman Incandescent as of 01-Jan-1970 05:30 is 0.00.
What is the 52-week high and low of Wellman Incandescent?
The 52-week high of Wellman Incandescent is ₹0.00 and the 52-week low is ₹0.00.
What is the TTM revenue of Wellman Incandescent?
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Wellman Incandescent is ₹0.00 ( Cr.) .
About Wellman Incandescent India Ltd
Wellman Incandescent India Ltd.was incorporated on May 30, 1962 at Calcutta with an object to manufacture of all types of oil fired, gas fired, coal fired & electrically heated furnaces & ovens & allied equipment including charging & discharging gear & E.O.T. cranes of all types. The Comp. also manufactures gas products, coke oven machines, foundry plant and handling equipment for steel works.
The registered office address of the company is Howrah Industrial Estate 711402 Howrah, WEST BENGAL. The company has been delisted from the BSE on February 22, 2008 due to winding-up of the Company.
Milestones and activities
1972 - Licence for expansion of furnace manufacturing capacity from was received from Government subject to satisfactory finalisation of collaboration agreement.
1973 - A new technical collaboration agreement was entered into with Wellman Engineering Corporation, U.K.
1974 - 39,885 shares issued without payment in cash.
1975 - The Comp. entered into an agency agreement with Wellman Machanical Engineering, Ltd., U.K. for following products:
- [is] Continuous strip lines including galvanising, PVC coating, pickling, etc.
- [iis] Forging manipulators, furnace charging machines slag pot transporters, mobile handlers, etc.
- [iiis] Non-ferrous continuous & semi-continuous casting plants for aluminium, zinc & lead, strip rolling mills, high speed cold billet & slab saws for non-ferrous materials, etc.
1979 - A licence was received for enhancing the capacity of Bibby Couplings. For this purpose, construction of new factory at Bangalore was taken in hand during 1980-81.
- In addition to this expansion, Govt. permitted the Comp. to manufacture Bibbigard & Bibby Couplings at Bangalore.
1981 - 2,49,700 rights shares offered at par in prop. 1:1. Only 2,25,000 shares taken up.
1983 - Bangalore Unit was officially inaugurated on 5th August.
1984 - A collaboration agreement was entered into with Wellman Furnaces limited [British Furnace Divisions] U.K. for supply of technical know-how & assistance as consultants for manufacture in India of certain types/furnace components & spare parts. Sanction of Government for this agreement was awaited.
1985 - The Comp. entered into a collaboration agreement with the Wellman Bibby Comp. of U.K., for manufacture of Bibby gear couplings. The agreement was under Government consideration. 1986 - The Comp. entered into negotiations with Wecoma Trading, Ltd. U.K. for promoting a joint venture for manufacturing of coal Beneficiation plants. A proposal was also submitted to Govt. of India in this respect.
1987 - The Comp. signed collaboration agreement with Rodcon Inc. of Cleveland, U.S.A. in the field of Bell Annealing Furnaces & with Italiampianti of Genoa, Italy in the field of reheating furnaces. Govt. of India was being approached for approval.
- The Comp. also entered into collaboration agreements with Pyromics Inc. & Thermetek both stationed in the U.S. & specialising in combustion & energy saving equipments.
- 9,99,400 rights shares issued at par in prop. 1:1. Only 7,61,216 shares taken up [7,41,599 shares 1987-88 & 19,617 shares in 1988-89.
1988 - Govt. of India gave its approval for joint venture. RBI also gave its approval for issue of equity shares to the said foreign collaborators.
1990 - The Company collaboration with Hotwork, UK for indigenous manufacture of other types of burners, such as high velocity, flat flame, radiant burners etc., received Government approval. Also, the company collaboration with Rodcon Inc. of Cleveland, USA would enable production of hydrogen annealing technology in bell furnaces.
- A Memorandum of Understanding was signed with a Comp. in UK for the manufacture of aluminium melting & holding furnaces of improved design.
- 9,99,400 rights equity shares issued at par in prop. 1:2 [all were taken ups]. 1,650 shares out of issue were yet to be allotted.
1991 - Wellman Wacoma Ltd., a subsidiary of Company. As on 31st March, the Comp. held 2,00,000 No. of equity shares of Rs. 10 each out of 2,00,007 No. of equity shares issued by the subsidiary.
1992 - During Dec. 1992 - Jan 1993, the 7,43,874 No. of equity issues 59,96,400 rights equity shares for cash at par in prop. 2:1. Additional 8 shares allotted to another 2,99,820 shares were offered to the employees on an equitable basis [only 75,520 shares taken ups]. Unsubscribed portion was allotted to lapse.
1993 - Profits increased due to the tight control on expenditures. The 250 TPH walking Beam Reheat furnace at TISCO & Coke oven plant at Nergundi for producing high quality low ash low phosphorous coke were commissioned during the year.
Company quality is determined using minimum hurdle rate for return on capital employed and free cash flows for last 10 years.
Companies with smaller size have higher hurdle rate.
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Value
Valuation is computed by comparing relevant price multiples versus industry and its own history.
One unique and very important modification is our adjustment for company's financials for cyclicality and normalized profitability.
or based on whether current ratio is lower or higher than median values. See graph for better assessment.
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Price
Price rating is given based on stock price strength using moving averages and relative strength on shorter timeframe.
Short term time frame has little to no significance for long term investing but it can help in deciding how fast or how slow one can add a stock top your portfolio.
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Performance Consistency: This is measure based on whether the fund has beaten the benchmark index consistently. For
this we compare the 3-year rolling returns of the fund with the benchmark for a minimum of 5 years and preferable 10
years. The period of rolling is one month and holding period is 3 years. Fund are color-coded Green on Performance when
the fund beats the benchmark more than 90% of the time. It is Orange if it beats 80% to 90% of the time and Red if less
than 80%. Funds with less than 5 year data are color-coded Grey.
Quality of Portfolio Holding: Moneyworks4Me has color-coded stocks as Green, Orange and Red based on whether the
company's performance has generated a ROCE above a threshold level (cost of capital) over 10 years (minimum 6 years) and
generated positive Free Cash Flow. For Banks it checks whether ROE is greater than 15% and sales has grown over previous
year. Stocks that perform consistently on these combined metrics are color-coded Green (min score 14 out of 20), Orange
(between 8 and 14) and Red (less than 8 out of 20).
Fund are color-coded Green provided the portfolio has 70% holding in Green stocks but not more than 20% in Red stocks.
Funds with more than 20% Red stocks in the portfolio are color-coded Red. The rest are Orange funds
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The
ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number
that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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