Bharat Wire Ropes Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
28.54% Fall from 52W High
-12.7
TTM PE Ratio
Below industry Median
20.3
Price to Book Ratio
Below industry Median
3
Dividend yield 1yr %
0
TTM PEG Ratio
RSI
RSI is mid-range
53.1
MFI
MFI is mid-range
54

Bharat Wire Ropes Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Bharat Wire Ropes Ltd shareholding Pattern

Promoter
40.8%
Foreign Institutions
3%
Domestic Institutions
10.7%
Public
45.6%
Promoter
39.8%
Foreign Institutions
1.4%
Domestic Institutions
10.8%
Public
48%
Promoter
39.8%
Foreign Institutions
1.1%
Domestic Institutions
11.9%
Public
47.1%
Promoter
39.9%
Foreign Institutions
1.1%
Domestic Institutions
12.8%
Public
46.3%
Promoter
39.9%
Foreign Institutions
1.4%
Domestic Institutions
13.2%
Public
45.4%
Promoter
36.8%
Foreign Institutions
1%
Domestic Institutions
14.8%
Public
47.4%
Mutual Funds
0.2%
Mutual Funds
0.4%
Mutual Funds
0.4%
Mutual Funds
0.4%
Mutual Funds
0.4%
Mutual Funds
0.4%

Bharat Wire Ropes Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
10
Bearish Moving Averages
6
5Day EMA
278.80
10Day EMA
276.20
12Day EMA
276.30
20Day EMA
278.80
26Day EMA
281.10
50Day EMA
289.30
100Day EMA
294.40
200Day EMA
276.40
5Day SMA
275.80
10Day SMA
273.30
20Day SMA
278.40
30Day SMA
285.60
50Day SMA
286.90
100Day SMA
312.80
150Day SMA
304.10
200Day SMA
289.10
Delivery & Volume
Resistance & Support
288.23
Pivot
Resistance
First Resistance
295.32
Second Resistance
304.38
Third Resistance
311.47
Support
First Support
279.17
Second support
272.08
Third Support
263.02
Relative Strength Index
53.11
Money Flow Index
54.04
MACD
-4.80
MACD Signal
-6.98
Average True Range
11.68
Average Directional Index
15.55
Rate of Change (21)
-4.88
Rate of Change (125)
3.13
Peer comparison
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Market Cap
52W Low
52W High
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2656.81
174.8
340.2
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2839.32
367
1168.75
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1842.68
10.68
16.83
Shankara Building Products Ltd.
1653.08
626
920
Hi-Tech Pipes Ltd.
1880.98
71
170
Aeroflex Industries Ltd.
1793.03
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196.35

Bharat Wire Ropes Ltd Company background

Founded in: 1986
Managing director: Murarilal Ramsukh Mittal
Bharat Wire Ropes Limited is one of the largest manufacturers of Wire, Wire Ropes, Stranded Wires and Slings in India, with an increasing global presence, catering more than 30 countries globally. The company exports its varied products to USA, Singapore, Australia, South Africa, Kuwait, New Zealand, Vietnam, Bangladesh and Nepal.The company has a diverse product mix which includes General Purpose Ropes, Fishing Ropes, Crane Ropes, Structural Ropes, Elevator Ropes, Mining Ropes, Oil Gas Ropes Shipping Ropes. The company caters to a rich mix of clients ranging from Overseas Consumers, Private Players, the entire Indian Defense Segment and Government and Semi Government Organizations. Providing service to a variety of clients has helped the company develop versatility which makes it better equipped to handle diverse/heterogeneous kinds of enquiries. The company also has a Pyrolysis plant with an installed capacity of 1,260 MTPA at Chalisgaon, Maharashtra for production of oil, which is used as fuel in its current manufacturing process.Bharat Wire Ropes has a welldiversified customer base of more than 500 large and medium size customers across the globe and country from different industries including oil gas, mining, fishing, ports marine, elevator, power transmission, railways, construction, infrastructure, defense, crane manufacturers, among others.Bharat Wire Ropes Ltd was incorporated as Bharat Ropes Private Limited on July 24, 1986. Subsequently, the company became a public limited company on June 10 1992. The name of the company was changed to Bharat Wire Ropes Ltd on July 5, 1996. Until the year 2010, the company was owned, managed and controlled by the Shah Group. Subsequently, in the year 2010, one of the corporate Promoter Gaji Mercantile Private Limited purchased 1,06,75,490 equity shares of the company and accordingly, the management of the company changed. Bharat wire is an ISO 9001:2008 certified company. It also holds product approvals from RDSO, CORE, DGMS, PGCIL, IRS etc. for various ropes and wire products.Bharat Wire Ropes raised capital by issuing 1,55,55,555 Equity Shares of Rs. 10/ each per shares for a premium of Rs. 35/ per share to the public at the end of the financial year 201516 and got listed on National Stock Exchange of India Limited and BSE Limited on 1 April 2016. The company commenced commercial production on 22 March 2017 at its Chalisgaon, Maharashtra factory which has an installed capacity of 66,000 MTPA which is further enhancing its capacity to manufacture wire ropes, structural strands and slings.During the financial year ended 31 March 2018, Bharat Wire Ropes entered into understanding and arrangement with Bridon Bekaert Ropes Group Limited(Bridon) for 5 years, wherein Bridon shall be sourcing ropes of various configuration from Bharat Wire Ropes for its global requirements and Bharat Wire Ropes will be representing Bridon in Indian markets for special ropes which are not present in the manufacturing range of Bharat Wire Ropes Limited. Both the companies will explore jointly all avenues of quantum increase in business share in the respective domain by exchanging expertise and knowledge wherever necessary.
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Bharat Wire Ropes Ltd FAQs

Bharat Wire Ropes Ltd shares are currently priced at 286.25 on NSE and 286.05 on BSE as of 5/23/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Bharat Wire Ropes Ltd [BHARATWIRE] share was 73.32. The Bharat Wire Ropes Ltd [BHARATWIRE] share hit a 1-year low of Rs. 158 and a 1-year high of Rs. 400.6.

The market cap of Bharat Wire Ropes Ltd is Rs. 1947.7 Cr. as of 5/23/2024 12:00:00 AM.

The PE ratios of Bharat Wire Ropes Ltd is 20.2 as of 5/23/2024 12:00:00 AM.

The PB ratios of Bharat Wire Ropes Ltd is 2.94 as of 5/23/2024 12:00:00 AM

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