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Bharat Wire Ropes bags two rate contracts

02 Jun 2016 Evaluate

Bharat Wire Ropes has received two rate contracts one each from Shipping Corporation of India and Dredging Corporation of India. The company has received two years rate contract with the sole option of two extensions of three months each, at same rate, terms and conditions from Shipping Corporation of India for Supply of different types of G.S. Wire Ropes and MMD Approved G.S. Wire Ropes.

Further, the company has also received two years Rate contract with the option to extend for further period of One year, at same rate, terms and conditions from Dredging Corporation of India for supply of different types of Galvanized Steel Wire Ropes.

Bharat Wire Ropes is engaged in manufacturing and sales of wire ropes, structural strands, slings and wires which find its application in general engineering, fishing, elevators, cranes, material handling, power transmission, suspension bridges, onshore / offshore oil exploration, ports and shipping, mining, defence, railways etc. It is also engaged in the business of trading of the steel related products.

Peers
Company Name CMP
JSW Steel 1308.00
Tata Steel 185.95
Steel Authority 184.00
Jindal Stainless 762.35
APL Apollo Tubes 2198.00
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