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    3. Bharatwire Share Price

    Bharat Wire Ropes Share PriceBharat Wire Ropes

    Small Cap 6.1k Result
    ₹325.5
    -8.1 (-2.43%)
    As on 09 December, 2023 | 22:50 BSE: 539799 NSE: BHARATWIREISIN: INE316L01019

    Bharat Wire Ropes Performance

    Day Range

    • Low 323.10
    • High 343.45
    ₹ 325.5

    52 Week Range

    • Low 87.30
    • High 343.45
    ₹ 325.5
    • Open Price335.00
    • Previous Close333.60
    • Volume463021

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    Bharat Wire Ropes Share Price

    • Over 1 Month 19.25%
    • Over 3 Month 20.64%
    • Over 6 Month 84.26%
    • Over 1 Year 187.16%

    Bharat Wire Ropes Key Statistics

    P/E Ratio 26.7
    PEG Ratio 0.2
    Market Cap Cr 2,214
    Price to Book Ratio 4
    EPS 9.2
    Dividend 0
    Relative Strength Index 70.85
    Money Flow Index 91.05
    MACD Signal 8.83
    Average True Range 13.37

    Bharat Wire Ropes Investment Rating

    • Master Rating:

    • Bharat Wire Ropes has an operating revenue of Rs. 1,317.22 Cr. on a trailing 12-month basis. An annual revenue growth of 43% is outstanding, Pre-tax margin of 16% is great, ROE of 11% is good. The company has a reasonable debt to equity of 25%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 17% and 61% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 61 which is a FAIR score but needs to improve its earnings, a RS Rating of 92 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 59 indicates it belongs to a fair industry group of Steel-Producers and a Master Score of A is the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Bharat Wire Ropes Financials
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 159158162144150133134
    Operating Expenses Qtr Cr 117117117108118108113
    Operating Profit Qtr Cr 42414637312521
    Depreciation Qtr Cr 5555555
    Interest Qtr Cr 4467546
    Tax Qtr Cr 88196542
    Net Profit Qtr Cr 2424161915128
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 590411
    Operating Expenses Annual Cr 450349
    Operating Profit Annual in Cr 13962
    Depreciation Cr 2121
    Interest Annual Cr 2223
    Tax Annual Cr 344
    Net Profit Annual Cr 6214
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 8324
    Cash from Investing Activity Annual Cr -130
    Cash from Financing Annual Activity Cr -64-25
    Net Cash Flow Annual Cr 6-2
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 560452
    Fixed Assets Annual Cr 485492
    Total Non Current Assets Annual Cr 507558
    Total Current Assets Annual Cr 274215
    Total Assets Annual Cr 781774
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 8371
    ROE Annual % 113
    ROCE Annual % 176
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2415
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 159158
    Operating Expenses Qtr Cr 117117
    Operating Profit Qtr Cr 4241
    Depreciation Qtr Cr 55
    Interest Qtr Cr 44
    Tax Qtr Cr 88
    Net Profit Qtr Cr 2424
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 590411
    Operating Expenses Annual Cr 450349
    Operating Profit Annual in Cr 13962
    Depreciation Cr 2121
    Interest Annual Cr 2223
    Tax Annual Cr 344
    Net Profit Annual Cr 6214
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 8324
    Cash from Investing Activity Annual Cr -130
    Cash from Financing Annual Activity Cr -64-25
    Net Cash Flow Annual Cr 6-2
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 560452
    Fixed Assets Annual Cr 485492
    Total Non Current Assets Annual Cr 507558
    Total Current Assets Annual Cr 274215
    Total Assets Annual Cr 781774
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 8271
    ROE Annual % 113
    ROCE Annual % 176
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 2415
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    Bharat Wire Ropes Technicals

    EMA & SMA

    Current Price
    ₹325.5
    -8.1 (-2.43%)
    pointer
    • Bullish Moving Average
    • ___
    • 16
    • Bearish Moving Average
    • ___
    • 0
    • 20 Day
    • ₹295.07
    • 50 Day
    • ₹277.04
    • 100 Day
    • ₹252.78
    • 200 Day
    • ₹214.84
    • 20 Day
    • ₹292.13
    • 50 Day
    • ₹276.91
    • 100 Day
    • ₹251.73
    • 200 Day
    • ₹202.02

    Bharat Wire Ropes Resistance and Support

    PIVOT
    ₹330.69
    Resistance
    First Resistance 338.27
    Second Resistance 351.03
    Third Resistance 358.62
    RSI 70.85
    MFI 91.05
    MACD Single Line 8.83
    MACD 13.02
    Support
    First Resistance 317.92
    Second Resistance 310.33
    Third Resistance 297.57

    Bharat Wire Ropes Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 512,515 26,784,034 52.26
    Week 1,008,231 60,393,061 59.9
    1 Month 563,628 32,464,970 57.6
    6 Month 633,771 28,126,776 44.38

    Bharat Wire Ropes Result Highlights

    Bharat Wire Ropes Synopsis

    NSE-Steel-Producers

    Bharat Wire Ropes Lt is involved in the business activities of Manufacture of other fabricated metal products. Company’s Total Operating Revenue is Rs. 589.06 Cr. and Equity Capital is Rs. 67.90 Cr. for the Year ended 31/03/2023. Bharat Wire Ropes Ltd. is a Public Limited Listed company incorporated on 24/07/1986 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L27200MH1986PLC040468 and registration number is 040468.
    Market Cap 2,213
    Sales 624
    Shares in Float 4.08
    No of funds 7
    Yield
    Book Value 3.95
    U/D Vol ratio 2.4
    LTDebt / Equity 25
    Alpha 0.37
    Beta 2.11

    Bharat Wire Ropes

    Owner NameSep-23Jun-23Mar-23Dec-22
    Promoters 39.83%39.86%39.89%36.78%
    Foreign Portfolio Investors 1.1%1.06%1.43%0.99%
    Financial Institutions/ Banks 2.7%3.02%3.46%4.51%
    Individual Investors 29.78%28.84%27.83%30.46%
    Others 26.59%27.22%27.39%27.26%

    Bharat Wire Ropes Management

    Name Designation
    Mr. Sanjiv Swarup Chairman & Ind.Director
    Mr. Murarilal Ramsukh Mittal Managing Director
    Mr. Mayank Mittal Joint Managing Director
    Mr. Sumit Kumar Modak Whole Time Director
    Mr. Venkateshwararao Kandikuppa Whole Time Director
    Ms. Ruhi Mittal Non Executive Director
    Mr. Shivkumar Malu Independent Director
    Mr. Dinesh Kumar Jain Independent Director

    Bharat Wire Ropes Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    Bharat Wire Ropes Corporate Action

    Date Purpose Remarks
    2023-10-25 Quarterly Results
    2023-07-26 Quarterly Results
    2023-04-25 Audited Results
    2023-03-25 Others Rs.0.00 alia, to consider - a) Allotment of 33,88,270 equity shares of Rs.10/- each at the price not less than Rs.125/- to the Promoter on a preferential basis;
    2023-01-24 Quarterly Results

    Bharat Wire Ropes FAQs

    What is Share Price of Bharat Wire Ropes ?

    Bharat Wire Ropes share price is ₹325 As on 09 December, 2023 | 22:36

    What is the Market Cap of Bharat Wire Ropes ?

    The Market Cap of Bharat Wire Ropes is ₹2213.5 Cr As on 09 December, 2023 | 22:36

    What is the P/E ratio of Bharat Wire Ropes ?

    The P/E ratio of Bharat Wire Ropes is 26.7 As on 09 December, 2023 | 22:36

    What is the PB ratio of Bharat Wire Ropes ?

    The PB ratio of Bharat Wire Ropes is 4 As on 09 December, 2023 | 22:36

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

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