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Bharat Wire Ropes Ltd Share Price (BHARATWIRE)

₹290.651.66%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Bharat Wire Ropes Ltd share Performance

  • ₹286
    ₹294.9
    ₹290.65
    downward going graph

    1.60%

    Low

    Day's Volatility:3.06%

    High

    1.46%

    downward going graph
  • ₹148.15
    ₹400.6
    ₹290.65
    downward going graph

    49.03%

    Low

    52 Weeks Volatility:86.86%

    High

    37.83%

    downward going graph
1 Month Return7.86 %
3 Month Return-21.82 %
1 Year Return80.6 %
Previous Close₹295.55
Open₹290.05
Volume42.45K
Upper Circuit-
Lower Circuit-
Market Cap₹2,010.98Cr

Company Information

Bhart Wire Ropes Limited is India's largest manufacturer of Wire Ropes, Stranded Wires, and Slings, with exports to over 30 countries including the USA, Singapore, Australia, South Africa, Kuwait, New Zealand, Vietnam, Bangladesh, and Nepal. It caters to a diverse mix of clients, ranging from Overseas Consumers, Private Players, Indian Defence Segment, and Government/Semi-Government Organizations. Moreover, the company has a Pyrolysis plant for production of oil which is used as fuel for their manufacturing process. The company has more than 500 large and medium size customers and is ISO 9001:2008 certified as well as has approved products from RDSO CORE DGMS PGCIL IRS etc. Bharat Wire Ropes issued 15,555,555 Equity Shares of Rs. 10/- each, with a premium of Rs. 35/- to be publicly listed on NSE and BSE in 2016. The company's Chalisgaon Maharashtra factory has an installed capacity of 66000 MTPA which will be increased further. Moreover, Bharat Wire Ropes has signed a 5 year understanding with Bridon Bekaert Ropes Group Limited promising exchange of expertise and knowledge for quantum increase in their respective business.

Share Price: ₹290.65 per share as on 19 Apr, 2024 04:01 PM
Market Capitalisation: ₹2,010.98Cr as of today
Revenue: ₹157.20Cr as on December 2023 (Q4 23)
Net Profit: ₹26.35Cr as on December 2023 (Q4 23)
Listing date: 01 Apr, 2016
Chairperson Name: Sanjiv Swarup
OrganisationBharat Wire Ropes Ltd
HeadquartersMumbai
IndustrySteel
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Key events for Bharat Wire Ropes Ltd

  • Bharat Wire Ropes Ltd Stock Up by 11% in a Week - 04 Apr, 2024

    Bharat Wire Ropes Ltd's stock has seen an impressive 11% increase over the last week. The company has a respectable ROE and is reinvesting heavily into its business, leading to impressive earnings growth. However, analysts predict a slowdown in future earnings growth.

Fundamentals of Bharat Wire Ropes Ltd

Insights on Bharat Wire Ropes Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.16% to 0.45% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, BHARATWIRE has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 47.13% to 47.99% in Dec 2023 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 39.83% of holdings in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, NMDC Ltd has given 107.6% return, outperforming this stock by 27.0%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, BHARATWIRE stock has moved down by -21.8%

Bharat Wire Ropes Ltd Valuation

Bharat Wire Ropes Ltd in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

June 28, 2023

Today (21.96x)

April 18, 2024

Industry (24.80x)

April 18, 2024

Highest (29.42x)

January 15, 2024

LowHigh

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
39.83%
0.00
Foreign Institutions
0.45%
180.61
Mutual Funds
0%
0.00
Retail Investors
47.99%
1.81
Others
11.73%
-8.88

Technicals of Bharat Wire Ropes Ltd share

News & Events of Bharat Wire Ropes Ltd

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Bharat Wire Ropes Ltd (BHARATWIRE) share price today is ₹290.65

Bharat Wire Ropes Ltd is listed on NSE

Bharat Wire Ropes Ltd is listed on BSE

  • Today’s highest price of Bharat Wire Ropes Ltd is ₹294.9.
  • Today’s lowest price of Bharat Wire Ropes Ltd is ₹286.

PE Ratio of Bharat Wire Ropes Ltd is 21.96

PE ratio = Bharat Wire Ropes Ltd Market price per share / Bharat Wire Ropes Ltd Earnings per share

Today’s traded volume of Bharat Wire Ropes Ltd(BHARATWIRE) is 42.45K.

Today’s market capitalisation of Bharat Wire Ropes Ltd(BHARATWIRE) is ₹2010.98Cr.

Bharat Wire Ropes Ltd(BHARATWIREPrice
52 Week High
₹400.6
52 Week Low
₹148.15

Bharat Wire Ropes Ltd(BHARATWIRE) share price is ₹290.65. It is down -27.45% from its 52 Week High price of ₹400.6

Bharat Wire Ropes Ltd(BHARATWIRE) share price is ₹290.65. It is up 96.19% from its 52 Week Low price of ₹148.15

Bharat Wire Ropes Ltd(BHARATWIREReturns
1 Day Returns
-4.9%
1 Month Returns
7.86%
3 Month Returns
-21.82%
1 Year Returns
80.6%