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Bharat Wire Ropes zooms on the bourses

Bharat Wire Ropes Ltd. | Steel & Iron Products | Metals & Mining | BSE: 539799 | NSE: BHARATWIRE

30 Apr 2018 Evaluate

Bharat Wire Ropes is currently trading at Rs. 134.70, up by 10.95 points or 8.85% from its previous closing of Rs. 123.75 on the BSE.

The scrip opened at Rs. 127.05 and has touched a high and low of Rs. 134.80 and Rs. 127.05 respectively. So far 40487 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. 134.80 and Rs. 113.50 respectively. The current market cap of the company is Rs. 597.86 crore.

The promoters holding in the company stood at 40.23%, while Institutions and Non-Institutions held 1.51% and 58.26% respectively.

Bharat Wire Ropes has entered into understanding and arrangement with Bridon Bekaert Ropes Group for 5 years, wherein Bridon Bekaert Ropes Group shall be sourcing ropes of various configuration from the company for their global requirements and Bharat Wire Ropes will be representing Bridon Bekaert Ropes Group in Indian market for special ropes which are not present in the manufacturing range of Bharat Wire Ropes.

Both the companies will explore jointly all avenues of quantum increase in business share in the respective domain by exchanging expertise and knowledge wherever necessary.

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.

Bharat Wire Ropes Share Price

228.15 -4.05 (-1.74%)

21-Apr-2026 09:41 View Price Chart

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Bharat Wire Ropes zooms on the bourses

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