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.
