SSelectStock

BHARATWIREBharat Wire Ropes Limited

Metals · Steel · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

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 ungalvanized 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. 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.

172.48
0.42%
34Weak

Mkt Cap
₹1,178 Cr
P/E
22.5
P/B
1.3
Div Yield
0.00%
52W High
₹262.00
52W Low
₹148.01

Price & Volume

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Key Ratios

Market Cap (₹ cr)1,178.40
P/E22.49
P/B1.34
PEG
ROE %9.37
ROCE %12.10
Debt / Equity0.09
EPS7.67
Revenue Growth %-17.70
Profit Growth %-42.40
Dividend Yield %0.00
Promoter Holding %46.64
FII Holding %21.45
DII Holding %
Beta0.56

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on BHARATWIRE — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 74%

Why avoid

  • Overall evidence is weak (AlgoScore 34/100)
  • Revenue growth: -17.7% YoY
  • Profit growth: -42.4% YoY
  • RSI: 34
  • MACD: bearish

Bull case

  • Debt/Equity: 0.09
  • Valuation vs sector: P/E 22.5 vs sector 21.6
  • Golden cross setup: SMA50 above SMA200
  • Trend strength (ADX): 36

Bear case

  • Revenue growth: -17.7% YoY
  • Profit growth: -42.4% YoY
  • RSI: 34
  • MACD: bearish

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Momentum is fading versus the broader market
  • Revenue growth: -17.7% YoY
  • Profit growth: -42.4% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹172.48
Stop Loss
₹166.81
risk 3.3%
Target 1 (1.5R)
₹180.98
+4.9%
Target 2 (3R)
₹189.47
+9.9%
Support (20d)
₹168.50
Resistance (52w)
₹262.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹5.67/share
ATR (volatility)
₹6.29
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹6.29). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental37
Technical31
Momentum29
Risk (safety)42

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