Bharat Wire Ropes is currently trading at Rs. 119.00, up by 1.40 points or 1.19% from its previous closing of Rs. 117.60 on the BSE.
The scrip opened at Rs. 118.00 and has touched a high and low of Rs. 120.00 and Rs. 118.00 respectively. So far 3031 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 166.00 on 11-Jan-2018 and a 52 week low of Rs. 73.50 on 07-Jun-2017.
Last one week high and low of the scrip stood at Rs. 124.00 and Rs. 112.00 respectively. The current market cap of the company is Rs. 539.43 crore.
The promoters holding in the company stood at 40.23%, while Institutions and Non-Institutions held 2.23% and 57.54% respectively.
Bharat Wire Ropes has received an approval for raising of additional capital by way of one or more public or private offerings including through a Qualified Institutions Placement (QIP) to eligible investors through an issuance of equity shares or other eligible securities for an amount not exceeding Rs 50 crore. The Board of Directors of the company at its meeting held on April 7, 2018, approved the same.
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.
| Company Name | CMP |
|---|---|
| Hindalco | 645.80 |
| Vedanta | 433.15 |
| Hindustan Zinc | 560.05 |
| Gravita India | 950.00 |
| Ram Ratna Wires | 384.40 |
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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