Bharat Wire Ropes
Bharat Wire Ropes Performance
Day Range
- Low 323.10
- High 343.45
52 Week Range
- Low 87.30
- High 343.45
- Open Price335.00
- Previous Close333.60
- Volume463021
Start SIP in Bharat Wire Ropes
Start SIPBharat 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
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 159 | 158 | 162 | 144 | 150 | 133 | 134 |
Operating Expenses Qtr Cr | 117 | 117 | 117 | 108 | 118 | 108 | 113 |
Operating Profit Qtr Cr | 42 | 41 | 46 | 37 | 31 | 25 | 21 |
Depreciation Qtr Cr | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Interest Qtr Cr | 4 | 4 | 6 | 7 | 5 | 4 | 6 |
Tax Qtr Cr | 8 | 8 | 19 | 6 | 5 | 4 | 2 |
Net Profit Qtr Cr | 24 | 24 | 16 | 19 | 15 | 12 | 8 |
Bharat Wire Ropes Technicals
EMA & SMA

- 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
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 Name | Sep-23 | Jun-23 | Mar-23 | Dec-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
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