Bharat Wire Ropes: Should You Buy, Hold, or Sell Right Now?
- September 9, 2026
- Posted by: Harsh Piplani
- Category: Market
Bharat Wire Ropes share price Rs 175 (NSE), well off its 52-week high. 52-week range Rs 148.01 to Rs 262.20. Trades at a discount of 17.50 times earnings.
Quick Answer
Bharat Wire Ropes Ltd share price is trading around Rs 175, more than 33 percent below its 52-week high of Rs 262.20 but above its 52-week low of Rs 148.01. This steel wire rope manufacturer trades at a price to earnings ratio of 17.50, a discount to the industrial products sector average near 22.9 times, with a return on equity of 8.94 percent. Current-quarter financial data specific to the most recent period was not consistently available across public sources at the time of writing, with the most recently confirmed figures showing full-year FY24 revenue growth of 5.6 percent and profit growth of 54.6 percent, so this article relies on these trailing figures with appropriate caution.
Bharat Wire Ropes share price has fallen more than 33 percent from its 52-week high of Rs 262.20, with Bharat Wire Ropes share price now trading near Rs 175 on the NSE, above its 52-week low of Rs 148.01. Given limited current financial data availability, this article presents what is known plainly before laying out a balanced view.
This Bharat Wire Ropes overview walks through the available valuation data, the significant data limitations on recent quarters, shareholding pattern and the technical setup, using figures sourced from public filings, with appropriate caveats throughout.
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About Bharat Wire Ropes
Before deciding on Bharat Wire Ropes share price, it helps to understand the underlying business. Bharat Wire Ropes Ltd. manufactures steel wire ropes, serving marine, mining, construction and industrial customers.
Current-quarter financial data for the company was not consistently available across public sources at the time of writing, with the most recently confirmed figures dating back to FY24, meaning investors should seek the company’s latest exchange filings directly for more current information before making any decision.
Bharat Wire Ropes Share Price Today: Key Levels
The table below summarises where Bharat Wire Ropes share price stands right now against its recent trading range and market value.
| Metric | Value |
|---|---|
| Bharat Wire Ropes CMP (NSE) | Rs 175.00 |
| Bharat Wire Ropes CMP (BSE) | Rs 174.90 |
| 52-Week High | Rs 262.20 |
| 52-Week Low | Rs 148.01 |
| Market Capitalisation | Approximately Rs 1,209 crore |
Bharat Wire Ropes share price is trading well below its 52-week high, reflecting the market’s caution amid limited current financial disclosure.
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Bharat Wire Ropes Financial Performance
The Bharat Wire Ropes share price trend is closely tied to how these numbers evolve each quarter. Current-quarter financial data for Bharat Wire Ropes was not consistently available across public sources at the time of writing. The most recently confirmed figures, for FY24, show full-year revenue of Rs 622.66 crore, up 5.6 percent year on year, with net profit of Rs 96.20 crore, up 54.6 percent from Rs 62.23 crore in FY23.
Given the meaningful gap between this most recently confirmed data and the present day, investors should treat these figures as historical context only and seek the company’s latest exchange filings directly for any current information before making a decision.
| Period | Revenue | Net Profit | Comment |
|---|---|---|---|
| FY24 (most recent confirmed annual) | Rs 622.66 crore | Rs 96.20 crore | +5.6% revenue, +54.6% profit YoY; current-quarter data not consistently available since |
Valuation Check: Is Bharat Wire Ropes Share Price Expensive?
Any view on Bharat Wire Ropes share price should start from these valuation multiples. Bharat Wire Ropes share price currently reflects a price to earnings ratio of about 17.50 times trailing earnings, a discount to the broader industrial products sector average of roughly 22.9 times. The price to book ratio stands near 2.8 times, with return on equity at 8.94 percent.
Debt to equity of 0.09 is low. Given the significant data gap on recent quarters, investors should treat this discount valuation with some caution and verify current profitability directly before drawing conclusions.
Technical Signals: What the Chart Shows
Price action here often foreshadows the next move in Bharat Wire Ropes share price. Bharat Wire Ropes share price is currently positioned more than 33 percent below its 52-week high of Rs 262.20 and above its 52-week low of Rs 148.01. Given the limited current data available, technical signals should be read with some caution.
Investors should track Bharat Wire Ropes share price alongside any updated company disclosures, rather than relying on price action alone given the data gaps currently present on the most recent quarters.
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Shareholding Pattern
Shifts here can influence Bharat Wire Ropes share price more than headline news on some sessions. Bharat Wire Ropes is a promoter-led steel wire rope manufacturer with low leverage. A detailed current promoter, FII and DII percentage breakdown was not consistently available across sources at the time of writing and should be verified on the company’s latest exchange filing.
Why Investors Are Watching Bharat Wire Ropes
- Strong FY24 profit growth: The most recently confirmed annual figures show profit growth of 54.6 percent year on year, indicating a positive trend as of that period.
- Low financial leverage: A debt to equity ratio of just 0.09 gives the company financial flexibility.
- Discount valuation to sector: A 17.50x PE against a 22.9x industrial products sector average offers some valuation cushion, based on available trailing data.
Risks and Factors to Watch
- Significant data limitations on recent quarters: Current-quarter financial data was not consistently available across public sources at the time of writing, with the most recently confirmed figures dating back to FY24.
- Significant pullback from 52-week high: The stock has fallen more than 33 percent from its high, and investors should understand the reasons behind this decline before assuming the current level represents value.
- Steel wire rope sector competitive pressure: Bharat Wire Ropes competes against numerous other domestic and international steel wire rope manufacturers.
- Raw material cost cyclicality: As a steel wire rope manufacturer, the company faces exposure to volatile steel raw material price cycles that can affect margins.
Bharat Wire Ropes Share Price Target: What the Data Suggests
Until then, Bharat Wire Ropes share price remains best tracked through live, verified data rather than a single fixed number. Bharat Wire Ropes does not have a single widely published, current analyst consensus 12-month share price target consistently available at this time, given the limited current data available.
Investors considering this stock should seek the company’s most recent exchange filings directly, and should consult a SEBI-registered investment adviser for guidance tailored to their own goals.
Bharat Wire Ropes: Should You Buy, Hold, or Sell Right Now?
This is the core question behind Bharat Wire Ropes share price right now. The Bharat Wire Ropes buy or sell decision should account for the significant data limitations on recent quarters.
The case for buying: Only investors who have independently sourced more current company filings confirming continued profitability may consider a position, given the discount valuation on available data.
The case for holding: Existing shareholders who already have visibility into more current company information may choose to continue holding.
The case for waiting: Most investors would reasonably prefer to wait for more current financial disclosure before committing fresh capital.
Given the data limitations here, consult a SEBI-registered investment adviser before proceeding.
Conclusion
Bharat Wire Ropes share price reflects a steel wire rope manufacturer with a significant gap in publicly available current financial data, trading at a discount to the industrial products sector well below its 52-week high. This article is for informational purposes and not a personalised investment recommendation.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Q1. Is Bharat Wire Ropes a good stock to buy right now?
Ans. Bharat Wire Ropes trades at a discount to the industrial products sector based on its most recently confirmed FY24 figures, which showed strong profit growth. Given very limited current-quarter data, this suits only investors who have independently sourced updated company filings.
Q2. What is the Bharat Wire Ropes share price today?
Ans. Bharat Wire Ropes share price is trading around Rs 175 on the NSE. The stock’s 52-week high is Rs 262.20 and its 52-week low is Rs 148.01.
Q3. What is the Bharat Wire Ropes share price target?
Ans. Bharat Wire Ropes does not have a single widely published, current analyst consensus 12-month share price target consistently available at this time, given the limited current data available.
Q4. What does Bharat Wire Ropes manufacture?
Ans. Bharat Wire Ropes manufactures steel wire ropes, serving marine, mining, construction and industrial customers.
Q5. What is Bharat Wire Ropes’ market capitalisation and PE ratio?
Ans. Bharat Wire Ropes has a market capitalisation of approximately Rs 1,209 crore and trades at a price to earnings ratio of about 17.50 times, a discount to the industrial products sector average PE of roughly 22.9 times.
Q6. Is Bharat Wire Ropes debt free?
Ans. Bharat Wire Ropes carries a low debt to equity ratio of 0.09, indicating relatively low financial leverage.
