Bharat Wire Ropes Limited manufactures and sells steel wire ropes in India. It offers wire ropes; slings, including mechanically spliced slings, hand spliced slings, mechanically spliced, and socketed slings; galvanized steel wire strands, such as earth wires, stay wires, and structural strands; and galvanized and ungalvanized steel wires. The company's products are used in elevators, cranes, general purpose, structural, fishing, oil and gas, shipping, mining, and logging and forestry. The company was formerly known as Bharat Ropes Limited and changed its name to Bharat Wire Ropes Limited in July 1996. Bharat Wire Ropes Limited was incorporated in 1986 and is based in Mumbai, India.
Research context
Bharat Wire Ropes Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Basic Materials
- Industry
- Steel
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5 years, 6 months ago
Bharat Wire Ropes Limited is currently in a long term uptrend where the price is trading 84.4% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.7.
Bharat Wire Ropes Limited's total revenue rose by 9.5% to $640M since the same quarter in the previous year.
Its net income has increased by 15.4% to $-136M since the same quarter in the previous year.
Finally, its free cash flow grew by 180.8% to $1B since the same quarter in the previous year.
Based on the above factors, Bharat Wire Ropes Limited gets an overall score of 5/5.