BHARATWIRE

BHARAT WIRE ROPES

Small Cap BSE: 539799 NSE: BHARATWIRE
₹88.1
5.5 (6.66%)
As on 14 August, 2022 | 17:12

Bharat Wire Ropes Share Price

Bharat Wire Ropes Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Bharat Wire Ropes Share Returns

  • Over 1 Month 40.06%
  • Over 3 Month 53.48%
  • Over 6 Month 12.3%
  • Over 1 Year 19.7%

Bharat Wire Ropes Key Statistics

P/E Ratio 23.6
PEG Ratio 0
Market Cap Cr 566
Price to Book Ratio 1.3
EPS 2.1
Dividend 0
Relative Strength Index 71.82
Money Flow Index 93.67
MACD Signal 3.71
Average True Range 5.43

Bharat Wire Ropes Investment Rating

  • Master Rating:
  • Bharat Wire Ropes has an operating revenue of Rs. 465.23 Cr. on a trailing 12-month basis. An annual revenue growth of 64% is outstanding, Pre-tax margin of 4% needs improvement, ROE of 3% is fair but needs improvement. The company has a reasonable debt to equity of 46%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 35% and 32% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -4% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 43 which is a POOR score indicating inconsistency in earnings, a RS Rating of 82 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 98 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being 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
  • Indicator
  • Jun 2022
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 133
  • 134
  • 104
  • 94
  • 78
  • 69
  • Operating Expenses Qtr Cr
  • 108
  • 113
  • 88
  • 82
  • 65
  • 62
  • Operating Profit Qtr Cr
  • 25
  • 21
  • 15
  • 13
  • 13
  • 7
  • Depreciation Qtr Cr
  • 5
  • 5
  • 5
  • 5
  • 5
  • 5
  • Interest Qtr Cr
  • 4
  • 6
  • 6
  • 6
  • 5
  • -36
  • Tax Qtr Cr
  • 4
  • 2
  • 1
  • 0
  • 1
  • 10
  • Net Profit Qtr Cr
  • 12
  • 8
  • 3
  • 1
  • 2
  • 28

Bharat Wire Ropes Technicals

EMA & SMA

Current Price
88.1
5.5 (6.66%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 73.28
  • 50 Day
  • 68.25
  • 100 Day
  • 66.9
  • 200 Day
  • 66.4
  • 20 Day
  • 70.71
  • 50 Day
  • 64.85
  • 100 Day
  • 67.52
  • 200 Day
  • 66.34

Bharat Wire Ropes Resistance and Support

PIVOT
₹83.9
Resistance
  • First Resistance
  • 85.7
  • Second Resistance
  • 88.8
  • Third Resistance
  • 90.6
Support
  • First Resistance
  • 80.8
  • Second Resistance
  • 79
  • Third Resistance
  • 75.91
  • RSI
  • 71.82
  • MFI
  • 93.67
  • MACD Single Line
  • 3.71
  • MACD
  • 5.87

Bharat Wire Ropes Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 837,701
  • 44,909,151
  • 53.61
  • Week
  • 916,100
  • 50,532,048
  • 55.16
  • 1 Month
  • 238,960
  • 13,515,559
  • 56.56
  • 6 Month
  • 105,568
  • 6,588,483
  • 62.41

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 cordage, rope, twine and netting. Company’s Total Operating Revenue is Rs. 410.68 Cr. and Equity Capital is Rs. 63.83 Cr. for the Year ended 31/03/2022. 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
  • 566
  • Sales
  • 465
  • Shares in Float
  • 4.05
  • No of funds
  • 6
  • Yield
  • Book Value
  • 1.24
  • U/D Vol ratio
  • 2.4
  • LTDebt / Equity
  • 46
  • Alpha
  • 0.11
  • Beta
  • 1.16

Bharat Wire Ropes

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 36.96%
  • 37.47%
  • 37.6%
  • Foreign Portfolio Investors
  • 0.03%
  • 0.02%
  • Financial Institutions/ Banks
  • 9.76%
  • 9.89%
  • 9.93%
  • Individual Investors
  • 32.45%
  • 31.68%
  • 33.44%
  • Others
  • 20.83%
  • 20.93%
  • 19.01%

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
  • 2022-08-02
  • Quarterly Results
  • 2022-05-19
  • Audited & Quarterly Results
  • 2022-02-12
  • Quarterly Results
  • 2021-11-12
  • Quarterly Results
  • 2021-08-09
  • Quarterly Results

Bharat Wire Ropes FAQs

What is Share Price of Bharat Wire Ropes ?

Bharat Wire Ropes share price is ₹88 As on 14 August, 2022 | 16:58

What is the Market Cap of Bharat Wire Ropes ?

The Market Cap of Bharat Wire Ropes is ₹565.9 Cr As on 14 August, 2022 | 16:58

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

The P/E ratio of Bharat Wire Ropes is 23.6 As on 14 August, 2022 | 16:58

What is the PB ratio of Bharat Wire Ropes ?

The PB ratio of Bharat Wire Ropes is 1.3 As on 14 August, 2022 | 16:58

Q1FY23