/ Bharat Wire Ropes Bags In Order Worth Rs 15 Crore ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 23 January 2017

Bharat Wire Ropes has informed the exchange that it has bagged orders worth approximately Rs 15 crore for exports to various countries. The stock is buzzing on bourses, and is up by 4.97%. The stock is trading at Rs 100.30 per share, and is up by 4.75 points or 4.97%.

Bharat Wire Ropes is a specialty wire ropes manufacturing company, and the wire ropes and slings produced are used in a varied list of applications / industries such as General Engineering, Fishing, Elevators, Cranes, Material Handling, Onshore / Offshore Oil Exploration, Ports and Shipping and Mining. 

Bharat Wire Ropes Ltd is currently trading at Rs 99.75, up by Rs 4.75 or 5% from its previous closing of Rs 95 on the BSE. The scrip opened at Rs 97.9 and has touched a high and low of Rs 99.75 and Rs 97 respectively. So far 325559(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 427.05 crore.

The BSE group 'T' stock of face value Rs 10 has touched a 52 week high of Rs 95 on 20-Jan-2017 and a 52 week low of Rs 38 on 31-May-2016. Last one week high and low of the scrip stood at Rs 95 and Rs 76 respectively. The promoters holding in the company stood at 61.15 % while Institutions and Non-Institutions held 8.02 % and 30.82 % respectively. The stock is currently trading above its 50 DMA.

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