StoxAshok Leyland vs Welspun Corp: share price & financials comparison
NSE: ASHOKLEY vs WELCORP · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Ashok Leyland vs Welspun Corp at a glance
Ashok Leyland (ASHOKLEY) has a market capitalisation of ₹99,386 Cr, against ₹58,838 Cr for Welspun Corp (WELCORP). Over the past year Welspun Corp has returned +141.2%, compared with +20.5% for Ashok Leyland. On valuation, Welspun Corp trades at a lower P/E of 24.8 versus 28.6. Ashok Leyland earns a higher return on equity (24.4% vs 22.3%). Ashok Leyland comes out ahead on size, profitability and growth. Welspun Corp comes out ahead on valuation, financial health, momentum and technicals. Across the scored metrics below, Ashok Leyland leads on 8 and Welspun Corp on 10. On StoxGud's 10-point checklist, Ashok Leyland scores 6/10 and Welspun Corp scores 9/10.
| Metric | Ashok Leyland | Welspun Corp |
|---|---|---|
| Size | ||
| Market cap | ₹99,386 Cr | ₹58,838 Cr |
| Revenue (latest FY) | ₹56,362 Cr | ₹16,770 Cr |
| Net profit (latest FY) | ₹3,471 Cr | ₹1,613 Cr |
| Valuation | ||
| P/E | 28.6 | 24.8 |
| P/B | 6.98 | 5.54 |
| Dividend yield | 1.85% | 0.22% |
| Profitability | ||
| Return on equity | 24.4% | 22.3% |
| Net profit margin | 6.0% | 13.5% |
| Operating margin | 19.0% | 14.4% |
| Growth | ||
| Revenue growth (YoY) | +11.6% | +6.2% |
| Net profit growth (YoY) | +0.8% | +13.4% |
| Revenue CAGR (multi-year) | +23.7% | +21.1% |
| Financial health | ||
| Debt to equity | 4.49 | 0.09 |
| Momentum | ||
| 1-month return | +14.8% | -18.3% |
| 1-year return | +20.5% | +141.2% |
| 3-year CAGR | +24.8% | +62.1% |
| 5-year CAGR | +17.4% | +73.8% |
| 10-year CAGR | +15.1% | +40.9% |
| Distance from 52W high | -20.2% | -21.5% |
| Technicals | ||
| RSI (14) | 79 | 42 |
| Price vs 200-day avg | +0.8% | +39.8% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Ashok Leyland | Welspun Corp |
|---|---|---|
| Price above 50-day average | ✓ | ✗ |
| Price above 200-day average | ✓ | ✓ |
| 50-day average above 200-day (uptrend) | ✗ | ✓ |
| RSI in healthy 40–70 zone | ✗ | ✓ |
| Positive 1-year return | ✓ | ✓ |
| Return on equity above 15% | ✓ | ✓ |
| Debt to equity below 1 | ✗ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✓ |
| P/E below industry median | ✓ | ✓ |
| Score | 6/10 | 9/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Ashok Leyland or Welspun Corp?
Ashok Leyland has a market cap of ₹99,386 Cr and Welspun Corp has a market cap of ₹58,838 Cr as of 13 Nov 2026.
Which has a lower P/E, Ashok Leyland or Welspun Corp?
Welspun Corp has the lower P/E: Ashok Leyland trades at 28.6 and Welspun Corp at 24.8.
Which gave better returns in the last year, Ashok Leyland or Welspun Corp?
Welspun Corp did better: Ashok Leyland returned +20.5% and Welspun Corp returned +141.2% over one year.
What is the difference between Ashok Leyland and Welspun Corp?
Both are NSE-listed companies in Capital Goods. Ashok Leyland is about 1.7 times the size of Welspun Corp by market cap. In the latest financial year Ashok Leyland reported revenue of ₹56,362 Cr and Welspun Corp ₹16,770 Cr. Operating margin is 19.0% for Ashok Leyland and 14.4% for Welspun Corp. Debt to equity is 4.49 for Ashok Leyland and 0.09 for Welspun Corp.
Which is better, Ashok Leyland or Welspun Corp?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Ashok Leyland leads on 8 and Welspun Corp on 10. Ashok Leyland is ahead on size, profitability and growth. Welspun Corp is ahead on valuation, financial health, momentum and technicals. On StoxGud's rules-based checklist Ashok Leyland scores 6/10 and Welspun Corp scores 9/10. This is information, not advice: consult a SEBI-registered adviser before investing.