BHARATWIRE

Bharat Wire Ropes Share PriceBharat Wire Ropes

₹145.6
8.75 (6.39%)
As on 29 March, 2023 | 14:35 BSE: 539799 NSE: BHARATWIRE

Bharat Wire Ropes Performance

Day Range

  • Low
  • High

52 Week Range

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

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Bharat Wire Ropes Share Price

  • Over 1 Month 51.74%
  • Over 3 Month 35.94%
  • Over 6 Month 34.47%
  • Over 1 Year 128.4%

Bharat Wire Ropes Key Statistics

P/E Ratio 17.4
PEG Ratio 0.3
Market Cap Cr 989
Price to Book Ratio 2.2
EPS 2.1
Dividend 0
Relative Strength Index 72.88
Money Flow Index 92.77
MACD Signal 4.59
Average True Range 8.35

Bharat Wire Ropes Investment Rating

  • Master Rating:
  • Bharat Wire Ropes has an operating revenue of Rs. 561.19 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 26% and 35% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -0% 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 85 which is a GOOD score indicating consistency in earnings, a RS Rating of 92 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 33 indicates it belongs to a strong industry group of Steel-Producers and a Master Score of B is close to being the best. Overall, the stock has great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Bharat Wire Ropes Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 144150133134
Operating Expenses Qtr Cr 108118108113
Operating Profit Qtr Cr 37312521
Depreciation Qtr Cr 5555
Interest Qtr Cr 7546
Tax Qtr Cr 6542
Net Profit Qtr Cr 1915128

Bharat Wire Ropes Technicals

EMA & SMA

Current Price
₹144.15
7.3 (5.33%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 117.24
  • 50 Day
  • 110.77
  • 100 Day
  • 107.95
  • 200 Day
  • 100.84
  • 20 Day
  • 113.96
  • 50 Day
  • 108.05
  • 100 Day
  • 108.93
  • 200 Day
  • 100.99

Bharat Wire Ropes Resistance and Support

PIVOT
₹139.4
Resistance
First Resistance 146.7
Second Resistance 156.56
Third Resistance 163.85
RSI 72.88
MFI 92.77
MACD Single Line 4.59
MACD 7.78
Support
First Resistance 129.56
Second Resistance 122.25
Third Resistance 112.4

Bharat Wire Ropes Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 169,594 4,046,513 23.86
Week 2,489,697 64,557,848 25.93
1 Month 1,076,869 41,480,977 38.52
6 Month 400,500 19,272,066 48.12

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 930
Sales 561
Shares in Float 4.06
No of funds 7
Yield
Book Value 1.93
U/D Vol ratio 2.1
LTDebt / Equity 46
Alpha 0.41
Beta 1.65

Bharat Wire Ropes

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 36.78%36.81%36.96%
Foreign Portfolio Investors 0.99%0.99%
Financial Institutions/ Banks 4.51%6.51%9.76%
Individual Investors 30.46%30.38%32.45%
Others 27.26%25.31%20.83%

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 FAQs

What is Share Price of Bharat Wire Ropes ?

Bharat Wire Ropes share price is ₹145 As on 29 March, 2023 | 14:21

What is the Market Cap of Bharat Wire Ropes ?

The Market Cap of Bharat Wire Ropes is ₹988.6 Cr As on 29 March, 2023 | 14:21

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

The P/E ratio of Bharat Wire Ropes is 17.4 As on 29 March, 2023 | 14:21

What is the PB ratio of Bharat Wire Ropes ?

The PB ratio of Bharat Wire Ropes is 2.2 As on 29 March, 2023 | 14:21

Q2FY23

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