NIFTY 22200.55 BANK 47687.45

Bharat Wire Ropes Limited
Share Price Target & Analysis

NSE:BHARATWIRE

273.03

VWAP

275.00

Open

273.2

Close

275.20

High

272.00

Low

400.60

52 Week High

272.35 ⇩
-0.85 (-0.31%)

BHARATWIRE

(METALS)
48.3% Momentum

Turnaround Potential

152.50

52 Week Low

14.16

EPS

22.56

PE

4.06

PB

Standard
Quality

Silver
Valuation

#Analysis

NSE: BHARATWIRE Share Price Financial Analysis & Valuation

Bharat Wire Ropes Limited (BHARATWIRE) is broadly categorized in METALS segment industry which deals in Steel - Medium & Small vertical. It is one of Small Cap company with Market Capitalization of Rs 469.6 (in Cr). Total number of free float shares are 4.5 (in Lacs). Bharat Wire Ropes Limited is listed on NSE with Exchange ID - INE316L01019 and trading code is NSE:BHARATWIRE with short name Bharat Wire Rop.

In the past 1 year, Bharat Wire Ropes Limited has declared an equity dividend of Rs 0 per share. At the current share price of BHARATWIRE at Rs 272.35, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:BHARATWIRE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine BHARATWIRE underlying value and future prospects. All of this data is available in BHARATWIRE financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:BHARATWIRE, it is clearly understood that BHARATWIRE is Standard performer in terms of earnings and profit margins with an EPS of 14.16. NSE:BHARATWIRE book value per share as of today is 67.01. The current price to book ratio for BHARATWIRE as of May 15, 2024 is 4.06.

Valuation of the Stock: The current valuation of BHARATWIRE stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of BHARATWIRE whether to BUY this stock at current valuation. The delivery percentage of BHARATWIRE is 41.29% is very crucial parameter which shows that 41.29% investors are anticipating that the price of BHARATWIRE share should go up with VWAP at 273.03.

Now, the main question is whether to BUY or SELL, NSE:BHARATWIRE at current valuation.
As per latest Analysis No. #661:-

⇑ STRONG BUY BHARATWIRE if All Greens

⇗ BUY BHARATWIRE (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD BHARATWIRE (With Stop Loss) if only 1 Green

⇘ SELL BHARATWIRE if NO Green Indicator

NSE: BHARATWIRE Share Price Today (May 15, 2024)

(Bharat Wire Ropes Limited Daily Analysis on the basis of BHARATWIRE Intraday Graph & Trend)

Bharat Wire Ropes Limited share price moved Down by -0.31% from its previous close of Rs 273.2. BHARATWIRE stock last traded price is 272.35. BHARATWIRE share price trend is Down with a total of 109943 stocks traded till now. It has touched an intraday high of Rs 275.20 and an intraday low of Rs 272.00. The BHARATWIRE trading at 272.35, Down by Rs. -0.85, or -0.31 percent which suggests that most of the Traders are anticipating that the price of BHARATWIRE share should go Down.

NSE: BHARATWIRE Share Price Tomorrow Prediction

(Bharat Wire Ropes Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BHARATWIRE)

Bharat Wire Ropes Limited share price moved Down by -0.31%. BHARATWIRE share price short term trend is Down. It suggests that BHARATWIRE Share Price for Tomorrow remains the same with VWAP at 273.03 will be treated as stop loss for intraday traders. Bharat Wire Ropes Limited Long term investors can follow the BHARATWIRE long term trend as mentiond in future forecast table.

NSE Code

NSE: BHARATWIRE

BHARATWIRE Share Price Today

 272.35

BHARATWIRE Share Price Target Prediction for 2024 ^

 159.9 - 294.2

BHARATWIRE Share Price Target Prediction for 2025*^

 294.2 - 428.9

BHARATWIRE Share Price Target Prediction for 2026*^

 428.9 - 458.9

BHARATWIRE Share Price Target Prediction for 2027*^

 482

BHARATWIRE Share Price Target Prediction for 2028*^

 496

BHARATWIRE Share Price Target Prediction for 2030*^

 540
BHARATWIRE Current Book Value 2023
66.7

*Bharat Wire Ropes Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^BHARATWIRE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

BHARATWIRE Technical Analysis

Candlestick Pattern: @314.85

BHARATWIRE Moving Averages

BUY (13) NEUTRAL (0) SELL (1)
MA Simple Action S1 Expo Action E2
MA_5 306.38 BUY 307.67 BUY
MA_12 302.03 BUY 303.39 BUY
MA_20 302.57 BUY 301.97 BUY
MA_32 294.26 BUY 302.83 BUY
MA_50 303.64 BUY 305.15 BUY
MA_100 320.46 SELL 304.7 BUY
MA_200 282.61 BUY 276.61 BUY

BHARATWIRE Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 302.57 Uptrend
MACD 1.85 BUY
ADX 18.04 NO or Weak Trend
DMI (+/-) 22.67 / 15.88 Uptrend

BHARATWIRE Momentum Oscillators

BUY (9) NEUTRAL (3) SELL (0)
Momentum Oscillators Value Action
RSI 58.41 Neutral
STOCHASTIC_K (Fast) 82.55 Overbought
STOCHASTIC_D (Slow) 75.12 Neutral
CCI 130.06 BUY
PSAR 286.59 BUY
TRUE RANGE 10.15 BUY
ATR 12.69 BUY
WILLIAMS R -12.58 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 100 Overbought
MOMENTUM 34.15 BUY

BHARATWIRE Last 1 Year Trend

Duration Value
1 Year 92.92%
3 Months -17%
1 Month 12.17%
1 Week 3.42%

BHARATWIRE Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 83%
NEUTRAL / HOLD 13%
SELL 3%

Most popular Questions & Answers about BHARATWIRE


Bharat Wire Ropes Limited stock last traded price is 272.35. BHARATWIRE share price moved Down by -0.31% from its previous close of Rs 273.2.

Bharat Wire Ropes Limited share price trend is Down with a total of 109943 stocks traded till now. It has touched an intraday high of Rs 404.606 and an intraday low of Rs 272.00. The BHARATWIRE trading at 272.35, Down by Rs. -0.85, or -0.31 percent which suggests that most of the Traders are anticipating that the price of BHARATWIRE share should go Down and the Stop Loss will be around 273.03.

The market cap of Bharat Wire Ropes Limited is ₹469.6 (in Cr) as of May 14, 2024.

The current price to earning ratio for Bharat Wire Ropes Limited as of May 14, 2024 is 22.56.

The current price to book ratio for Bharat Wire Ropes Limited as of May 14, 2024 is 4.06.

The highest price of Bharat Wire Ropes Limited stock is ₹400.60 in the last 52-week.

The lowest price of Bharat Wire Ropes Limited stock is ₹152.50 in the last 52-week.

Bharat Wire Ropes Limited share trading at ₹272.35, Down by Rs. -0.85, or -0.31 percent which suggests that most of the traders are anticipating that the price of BHARATWIRE share should go Down.

In 2023, Stock price target for Bharat Wire Ropes Limited (BHARATWIRE) are ₹159.9 on downside and ₹294.2 on upside. Bharat Wire Ropes Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Bharat Wire Ropes Limited (BHARATWIRE) are ₹294.2 on downside and ₹428.9 on upside. Bharat Wire Ropes Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Bharat Wire Ropes Limited (BHARATWIRE) are ₹428.9 on downside and ₹458.9 on upside. Bharat Wire Ropes Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Bharat Wire Ropes Limited (BHARATWIRE) will be around ₹496 Bharat Wire Ropes Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of BHARATWIRE.

As per the fundamental analysis of Bharat Wire Ropes Limited (BHARATWIRE), it is of Standard quality in terms of earnings and profit margins with an EPS of 14.16. Bharat Wire Ropes Limited book value per share as of today is 67.01. The current price to book ratio for BHARATWIRE as of May 15, 2024 is 4.06.


NSE:BHARATWIRE News & Other Useful Information about BHARATWIRE Share Price


Peer Comparison of NSE: BHARATWIRE

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Steel - Medium & Small

Company Price EPS BV
SBCL 538.30 12.97 32.49
JSL 682.85 32.95 139.14
INCREDIBLE 39.95 1.23 27.08
USHAMART 336.05 10.57 43.31
TIIL 2305.95 76.36 513.41
MUKANDLTD 166.35 14.37 61
LSIL 61.85 0.7 3.2
VSSL 306.50 11.26 78.91
RAMASTEEL 12.50 0.16 1.74
KAMDHENU 515.30 18.61 88.13
Updated at: 15 May 2024 15:47

Feel free to contact us, in case of any queries.

SITEMAP 4259
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3047.00 9.45 (0.31%) | ADANIGREEN 1835.00 46.20 (2.58%) | ADANIPORTS 1337.60 6.35 (0.48%) | ADANITRANS 1022.05 31.00 (3.13%) | AMBUJACEM 611.70 1.50 (0.25%) | APOLLOHOSP 5854.80 -8.00 (-0.14%) | ASIANPAINT 2813.00 -53.15 (-1.85%) | ATGL 913.00 4.05 (0.45%) | AUROPHARMA 1157.05 -11.55 (-0.99%) | AXISBANK 1128.00 5.15 (0.46%) | BAJAJ-AUTO 8903.15 -162.10 (-1.79%) | BAJAJFINSV 1570.75 -5.70 (-0.36%) | BAJFINANCE 6680.00 4.30 (0.06%) | BALKRISIND 2507.00 19.35 (0.78%) | BANDHANBNK 189.90 1.35 (0.72%) | BANKBARODA 263.90 3.05 (1.17%) | BEL 233.25 2.30 (1%) | BERGEPAINT 486.15 -8.40 (-1.7%) | BHARTIARTL 1309.90 25.60 (1.99%) | BIOCON 311.50 0.60 (0.19%) | BOSCHLTD 30930.00 -952.00 (-2.99%) | BPCL 626.70 20.75 (3.42%) | BRITANNIA 5062.05 -78.75 (-1.53%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1405.50 48.15 (3.55%) | COALINDIA 467.50 18.80 (4.19%) | COLPAL 2673.00 -146.95 (-5.21%) | DABUR 546.60 -7.95 (-1.43%) | DIVISLAB 3892.55 -3.65 (-0.09%) | DLF 825.05 -14.00 (-1.67%) | DMART 4652.45 55.40 (1.21%) | DRREDDY 5882.00 13.20 (0.22%) | EICHERMOT 4648.00 -82.55 (-1.75%) | GAIL 200.40 0.35 (0.17%) | GLAND 1776.00 10.50 (0.59%) | GODREJCP 1295.00 -11.90 (-0.91%) | GRASIM 2369.70 -2.35 (-0.1%) | GUJGASLTD 542.50 -8.90 (-1.61%) | HAVELLS 1753.00 23.90 (1.38%) | HCLTECH 1335.00 13.95 (1.06%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3754.80 76.90 (2.09%) | HDFCBANK 1440.80 -20.15 (-1.38%) | HDFCLIFE 555.95 -5.60 (-1%) | HEROMOTOCO 5037.90 -5.55 (-0.11%) | HINDALCO 653.10 6.45 (1%) | HINDUNILVR 2327.80 -21.80 (-0.93%) | HINDZINC 559.40 -0.50 (-0.09%) | ICICIBANK 1125.10 4.55 (0.41%) | ICICIGI 1657.45 -26.35 (-1.56%) | ICICIPRULI 580.35 -16.85 (-2.82%) | INDIGO 4275.00 127.65 (3.08%) | INDUSINDBK 1418.00 -3.00 (-0.21%) | INDUSTOWER 341.50 2.00 (0.59%) | INFY 1420.00 -4.70 (-0.33%) | IOB 62.05 0.20 (0.32%) | IOC 162.00 2.65 (1.66%) | ITC 427.80 -1.90 (-0.44%) | JSWSTEEL 870.55 -10.95 (-1.24%) | KOTAKBANK 1650.80 4.50 (0.27%) | LT 3415.00 35.55 (1.05%) | LTI 4634.85 41.30 (0.9%) | LUPIN 1640.00 2.85 (0.17%) | M&M 2301.45 31.55 (1.39%) | MARICO 590.80 -9.45 (-1.57%) | MARUTI 12758.50 -55.70 (-0.43%) | MCDOWELL-N 1174.50 -1.10 (-0.09%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1676.10 -1.20 (-0.07%) | NAUKRI 5921.50 -95.80 (-1.59%) | NESTLEIND 2466.00 -21.35 (-0.86%) | NMDC 267.75 2.70 (1.02%) | NTPC 361.50 5.70 (1.6%) | ONGC 273.00 0.10 (0.04%) | PEL 823.40 -6.85 (-0.83%) | PIDILITIND 2986.00 2.25 (0.08%) | PIIND 3645.95 -21.65 (-0.59%) | PNB 124.15 -1.60 (-1.27%) | POWERGRID 314.35 5.10 (1.65%) | RELIANCE 2831.70 -8.45 (-0.3%) | SAIL 166.40 1.75 (1.06%) | SBICARD 713.90 -4.50 (-0.63%) | SBILIFE 1428.80 -4.05 (-0.28%) | SBIN 820.10 1.90 (0.23%) | SHREECEM 25850.00 -174.90 (-0.67%) | SIEMENS 7119.30 458.85 (6.89%) | SRF 2290.00 3.25 (0.14%) | SUNPHARMA 1527.40 -17.85 (-1.16%) | TATACONSUM 1070.00 -15.45 (-1.42%) | TATAMOTORS 947.30 -17.35 (-1.8%) | TATAMTRDVR 636.60 -9.75 (-1.51%) | TATASTEEL 165.85 0.90 (0.55%) | TCS 3882.70 -18.50 (-0.47%) | TECHM 1276.90 1.40 (0.11%) | TITAN 3269.90 -19.00 (-0.58%) | TORNTPHARM 2652.35 21.70 (0.82%) | ULTRACEMCO 9614.10 -46.55 (-0.48%) | UPL 514.20 4.15 (0.81%) | VEDL 437.40 4.85 (1.12%) | WIPRO 458.50 2.15 (0.47%) |