Bharat Wire Ropes standalone net profit declines 23.90% in the June 2024 quarter

ICICI Direct is bullish on Bharat Wire Ropes recommended buy rating on the stock with a target price of Rs 300 in its research report dated August 31, 2023.

Buy Bharat Wire Ropes; target of Rs 300: ICICI Direct

TCS, Paytm, Asian Paints, HCL Technologies, Hi-Tech Pipes, Gland Pharma, Bharat Wire Ropes, Ashoka Buildcon, R&B Denims, NR Agarwal, Keystone Realtors, Aditya Birla Fashions, Girnar Spintex Industries, Biocon, Gensol Engineering

Stocks that will see action on January 09, 2023

Analysts said the index could stay in a range in the coming week and advised a couple of small and midcap stocks that could offer healthy returns to traders in the near term.

Stocks to buy: Fine Organics, Bharat Wire Ropes among top short-term trading bets

Anik Industries Ltd, Bharat Wire Ropes Ltd, Weizmann Ltd and Speciality Restaurants Ltd are among the other gainers in the BSE’s ‘B’ group today, 08 August 2022.

Compucom Software Ltd leads gainers in ‘B’ group

Bharat Wire Ropes reports standalone net profit of Rs 1.07 crore in the September 2021 quarter

The company secures orders from various exports and the domestic market.

Bharat Wire Ropes climbs 5% on healthy order book of Rs200cr

Bharat Wire Ropes reports standalone net profit of Rs 1.79 crore in the June 2021 quarter

Bharat Wire Ropes reports standalone net profit of Rs 28.39 crore in the March 2021 quarter

Board of Bharat Wire Ropes approves allotment of securities as per final resolution plan

BRIEF-Bharat Wire Ropes Gets Sanction Letter From Lenders On Debt Restructuring

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Bharat Wire Ropes Limited is a specialty wire ropes manufacturing company, which is engaged in manufacturing of Wires, Wire Ropes, Slings and Stranded Wires, among others. 