Bharat Wire Ropes Share Price
Start SIP in Bharat Wire Ropes
Start SIPBharat Wire Ropes Performance
Day Range
- Low 278
- High 286
52 Week Range
- Low 224
- High 401
- Open Price284
- Previous Close284
- Volume100824
Bharat Wire Ropes Investment Rating
-
Master Rating:
-
Bharat Wire Ropes has an operating revenue of Rs. 596.91 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 14% is good. The company has a reasonable debt to equity of 16%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and around 8% up from its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 82 which is a GOOD score indicating consistency in earnings, a RS Rating of 21 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 133 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 133 | 147 | 157 | 159 | 158 | 162 |
| Operating Expenses Qtr Cr | 101 | 110 | 113 | 117 | 117 | 117 |
| Operating Profit Qtr Cr | 33 | 37 | 44 | 42 | 41 | 46 |
| Depreciation Qtr Cr | 5 | 5 | 5 | 5 | 5 | 5 |
| Interest Qtr Cr | 3 | 4 | 3 | 4 | 4 | 6 |
| Tax Qtr Cr | 6 | 7 | 9 | 8 | 8 | 19 |
| Net Profit Qtr Cr | 18 | 22 | 26 | 24 | 24 | 16 |
Bharat Wire Ropes Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 8
- Bearish Moving Average
- ___
- 8
- 20 Day
- ₹278.54
- 50 Day
- ₹271.17
- 100 Day
- ₹272.87
- 200 Day
- ₹270.82
- 20 Day
- ₹281.71
- 50 Day
- ₹262.93
- 100 Day
- ₹268.48
- 200 Day
- ₹293.67
Bharat Wire Ropes Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 283.65 |
| Second Resistance | 288.75 |
| Third Resistance | 291.55 |
| RSI | 51.90 |
| MFI | 57.56 |
| MACD Single Line | 7.21 |
| MACD | 5.84 |
| Support | |
|---|---|
| First Support | 275.75 |
| Second Support | 272.95 |
| Third Supoort | 267.85 |
Bharat Wire Ropes Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 103,102 | 5,440,693 | 52.77 |
| Week | 188,374 | 7,598,991 | 40.34 |
| 1 Month | 488,603 | 21,400,817 | 43.8 |
| 6 Month | 284,573 | 16,109,654 | 56.61 |
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. 621.84 Cr. and Equity Capital is Rs. 68.04 Cr. for the Year ended 31/03/2024. 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 | 1,943 |
| Sales | 597 |
| Shares in Float | 4.04 |
| No of funds | 27 |
| Yield |
| Book Value | 2.92 |
| U/D Vol ratio | 1.6 |
| LTDebt / Equity | 16 |
| Alpha | -0.16 |
| Beta | 1.91 |
Bharat Wire Ropes Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 40.98% | 40.76% | 39.83% | 39.83% |
| Foreign Portfolio Investors | 3.08% | 3% | 1.39% | 1.1% |
| Financial Institutions/ Banks | 2.61% | 2.62% | 2.63% | 2.7% |
| Individual Investors | 28.41% | 27.07% | 28.51% | 29.78% |
| Others | 24.92% | 26.55% | 27.64% | 26.59% |
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 |
|---|---|---|
| 2024-08-01 | Quarterly Results | |
| 2024-04-30 | Audited Results | |
| 2024-01-22 | Quarterly Results | |
| 2023-10-25 | Quarterly Results | |
| 2023-07-26 | Quarterly Results |
Bharat Wire Ropes FAQs
What is Share Price of Bharat Wire Ropes ?
Bharat Wire Ropes share price is ₹278 As on 18 September, 2024 | 02:27
What is the Market Cap of Bharat Wire Ropes ?
The Market Cap of Bharat Wire Ropes is ₹1906.6 Cr As on 18 September, 2024 | 02:27
What is the P/E ratio of Bharat Wire Ropes ?
The P/E ratio of Bharat Wire Ropes is 21 As on 18 September, 2024 | 02:27
What is the PB ratio of Bharat Wire Ropes ?
The PB ratio of Bharat Wire Ropes is 6.9 As on 18 September, 2024 | 02:27