Arcadia Share & Stock Brokers has sold 3 lakh shares of Bharat Wire Ropes at Rs 100.60 on the NSE. The broking firm has also sold 3 lakh shares of the company at Rs 100.33 on the BSE on July 17, 2017. However, Cello Finance Corporation has bought 4.65 lakh shares of the company at Rs 100.44.
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.