BHARATWIRE

Bharat Wire Ropes Share Price

₹219.50 -3.38 (-1.52%)

21 Nov, 2024 14:25

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Performance

  • Low
  • ₹214
  • High
  • ₹222
  • 52 Week Low
  • ₹210
  • 52 Week High
  • ₹401
  • Open Price₹222
  • Previous Close₹223
  • Volume133,691

Investment Returns

  • Over 1 Month -12.03%
  • Over 3 Month -19.14%
  • Over 6 Month -19.07%
  • Over 1 Year -20.25%
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Bharat Wire Ropes Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 17.7
  • PEG Ratio
  • 7.1
  • Market Cap Cr
  • 1,503
  • P/B Ratio
  • 5.4
  • Average True Range
  • 11.16
  • EPS
  • 14.05
  • Dividend Yield
  • 0
  • MACD Signal
  • -8.75
  • RSI
  • 41.07
  • MFI
  • 50.19

Bharat Wire Ropes Financials

Bharat Wire Ropes Technicals

EMA & SMA

Current Price
₹219.50
-3.38 (-1.52%)
pointer
  • stock-down_img
  • Bullish Moving Average 1
  • stock-up_img
  • Bearish Moving Average 15
  • 20 Day
  • ₹231.20
  • 50 Day
  • ₹244.95
  • 100 Day
  • ₹255.63
  • 200 Day
  • ₹261.76

Resistance and Support

221.45 Pivot Speed
  • R3 237.97
  • R2 231.99
  • R1 227.43
  • S1 216.89
  • S2 210.91
  • S3 206.35

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Bharat Wire Ropes Ltd. manufactures and supplies wire ropes and related products. The company operates advanced manufacturing facilities in India, serving industries such as construction, mining, shipping, and infrastructure, with a strong presence in domestic and international markets.

Bharat Wire Ropes has an operating revenue of Rs. 590.02 Cr. on a trailing 12-month basis. An annual revenue growth of 6% is not great, Pre-tax margin of 21% is great, ROE of 34% is exceptional. The company has a reasonable debt to equity of 38%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 66 which is a FAIR score but needs to improve its earnings, a RS Rating of 10 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 115 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Bharat Wire Ropes Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-28 Quarterly Results
2024-08-01 Quarterly Results
2024-04-30 Audited Results
2024-01-22 Quarterly Results
2023-10-25 Quarterly Results

Bharat Wire Ropes F&O

Bharat Wire Ropes Shareholding Pattern

40.93%
3.15%
2.6%
28.07%
25.25%

About Bharat Wire Ropes

  • NSE Symbol
  • BHARATWIRE
  • BSE Symbol
  • 539799
  • Managing Director
  • Mr. Murarilal Ramsukh Mittal
  • ISIN
  • INE316L01019

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Bharat Wire Ropes FAQs

Bharat Wire Ropes share price is ₹219 As on 21 November, 2024 | 14:11

The Market Cap of Bharat Wire Ropes is ₹1502.5 Cr As on 21 November, 2024 | 14:11

The P/E ratio of Bharat Wire Ropes is 17.7 As on 21 November, 2024 | 14:11

The PB ratio of Bharat Wire Ropes is 5.4 As on 21 November, 2024 | 14:11

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Q2FY23