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Bharat Wire Ropes Limited
BHARATWIRE | NSE
272.80
INR5.30
1.98%
BHARATWIRE | NSE
About Bharat Wire Ropes Limited
Sector
Basic Materials
Industry
Steel
Earnings date
31/03/2024
As of date
11/10/2024
Close
272.80
Open
266.90
High
276.90
Low
264.05
Bharat Wire Ropes Limited manufactures and sells steel wire ropes in India. It offers wire ropes; slings including mechanically spliced slings hand spliced slings and socketed slings; galvanized steel wire strands such as earth wires stay wires and structural strands; and galvanized and non-galvanized steel wires. The company's products are used in general engineering fishing elevators cranes material handling power transmission suspension bridges onshore / offshore oil exploration ports and shipping mining defense and railways and allied industries. It also exports its products to North America Europe Russia Asia South America Africa Mauritius Sri Lanka the Middle East New Zealand Australia and internationally. 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.
View LessBHARATWIRE | NSE
Risk
45.1
Sharpe
-0.03
Luna's Score
43/100
Recommendation
Sell
Luna says (BHARATWIRE | NSE)
What's Working
Low Debt to Equity (< 0.25)
Low Debt to Asset (< 0.2)
What's not Working
High Short-term Volatility
Microcap (<300M USD)
High Market Beta (> 0.8)
Declining Revenue (< 0%)
Weak Sharpe Ratio (< 0.3)
Volatility Signals
Bearish: Increased Volatility (6-month > 1-month volatility)
Risk Meter
10 days
57.1%1 month
45.1%3 months
54.4%6 months
51.4%Returns
Fundamental Ratios
PE
19.69
Fwd. PE
-
Price to book
6.62
Debt to equity
0.20
Debt to assets
0.16
Ent. to EBITDA
14.37
Ent. to rev.
4.14
PEG
-
Other Fundamentals
EBITDA
1.56B
MarketCap
19.11B
MarketCap(USD)
227.33M
Div. yield
-
Op. margin
20.42
Erngs. growth
-24.30
Rev. growth
-15.70
Ret. on equity
15.76
Short ratio
-
Short perc.
-
Market Sentiment (SMA and Price signals)
Short-term: Bearish (SMA10D < SMA1M)
Intermediate-term: Bullish (SMA1M > SMA3M)
Long-term: Bearish (SMA6M < SMA12M)
SMAs: Stock Price Trends
Range10D
37.35
Range1M
46.75
Range3M
77.10
Volumes: Market Activity
Rel. volume
0.97
Price X volume
57.32M
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | 14.37 | 23.08 | Cheaper |
| Ent. to Revenue | 4.14 | 2.35 | Expensive |
| PE Ratio | 19.69 | 28.84 | Cheaper |
| Price to Book | 6.62 | 4.68 | Expensive |
| Dividend Yield | - | 0.76 | - |
| Std. Deviation (3M) | 54.42 | 44.57 | Riskier |
| Debt to Equity | 0.20 | 0.46 | Cheaper |
| Debt to Assets | 0.16 | 0.26 | Cheaper |
| Market Cap | 19.11B | 188.86B | Emerging |
