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Mentor Capital buys 6.77 lakh shares of Bharat Wire Ropes

13 Jun 2017 Evaluate

Mentor Capital has bought 6.77 lakh shares of Bharat Wire Ropes through the open market route. The shares were purchased on an average price of Rs 86.02 valuing the transaction to Rs 5.82 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 1187.00
Tata Steel 167.25
Steel Authority 165.00
Jindal Stainless 684.00
APL Apollo Tubes 2021.00
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