PL Capital sees 12.6% upside in Welspun

GreyOak summary

PL Capital maintains a positive technical outlook for Welspun Enterprises, citing a higher low pattern near the 625 support level. The brokerage identifies upside targets of 785 and 835 with a stop loss at 650. Welspun shares recently corrected from a peak of 830 but have surged 23% over the past three months.