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Bharat Wire Ropes books orders worth Rs 10 crore

31 Aug 2016 Evaluate

Bharat Wire Ropes has started booking orders to be executed from an on-going project at Chalisgaon, Maharashtra for which company has raised equity of Rs 70 crore through Initial Public Offering (IPO) in the month of March 2016. The company has recently booked export, domestic orders approximately worth Rs 10 crore.

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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