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About Bharat Wire Ropes Ltd
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Bharat Wire Ropes Limited was incorporated as Bharat Ropes Private Limited on July 24, 1986, at Mumbai, Maharashtra. The Company was converted into a Public Limited Company and the name was changed to Bharat Ropes Limited and a fresh Certificate of Incorporation was granted on June 10, 1992. Thereafter, the Company name was changed from Bharat Ropes Limited to Bharat Wire Ropes Limited and a fresh Certificate of Incorporation was granted by the Registrar of Companies, Mumbai, on July 5, 1996. Bharat wire is an ISO 9001:2008 certified company. The Company is one of the largest manufacturers of Wire, Wire Ropes, Stranded Wires and Slings in India, with an increasing global presence, catering more than 30 countries globally. The company exports its varied products to USA, Singapore, Australia, South Africa, Kuwait, New Zealand, Vietnam, Bangladesh and Nepal. The existing steel wire ropes manufacturing facility with an installed capacity of 12,000 MTPA is located at Atgaon. The Company also has a Pyrolysis Plant with an installed capacity of 1,260 MTPA at Chalisgaon, Maharashtra for production of oil, which is used as fuel into the current manufacturing process. The Company is engaged in the business of production of Wire, Wire Ropes, Strands, and Slings. It has a diverse product mix which includes General Purpose Ropes, Fishing Ropes, Crane Ropes, Structural Ropes, Elevator Ropes, Mining Ropes, Oil & Gas Ropes & Shipping Ropes. Until year 2010, the Company was owned, managed and controlled by the Shah Group. Subsequently, in 2010, one of the Corporate Promoter, Gaji Mercantile Private Limited purchased 1,06,75,490 Equity Shares of the Company and accordingly, the management of the Company changed. The Company raised capital by issuing 1,55,55,555 Equity Shares through Public Issue aggregating Rs 70 Crore in March, 2016. In 2016, the Company started project for expansion of wire ropes manufacturing facilities 66,000 MTPA at Chalisgaon, in Dist. Jalgaon of Maharashtra, with estimated cost of Rs. 507.17 Crores. In 2022-23, the Company acquired 26.72% stake in MITCON Solar Alliance Limited (MSAL) and resulting the acquisition, MSAL became an Associate of the Company. .
Bharat Wire Ropes share price as on 17 Jun 2025 is Rs. 219.27. Over the past 6 months, the Bharat Wire Ropes share price has decreased by 6.61% and in the last one year, it has decreased by 20.29%. The 52-week low for Bharat Wire Ropes share price was Rs. 122.23 and 52-week high was Rs. 300.75.
539799
BHARATWIRE
INE316L01019
Sep
Bharat Wire Ropes Ltd FAQs
You can buy Bharat Wire Ropes Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bharat Wire Ropes Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 16, 2025 03:59 PM the closing price of Bharat Wire Ropes Ltd was Rs.219.27.
The latest PE ratio of Bharat Wire Ropes Ltd as of Jun 16, 2025 03:59 PM is 20.81
The latest PB ratio of Bharat Wire Ropes Ltd as of Jun 16, 2025 03:59 PM is 0.49
The 52-week high of Bharat Wire Ropes Ltd share price is Rs. 300.75 while the 52-week low is Rs. 122.23
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 16, 2025 03:59 PM, the market cap of Bharat Wire Ropes Ltd stood at Rs. 1,500.88 Cr.
Market Outlook
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