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BHARATWIRE (Bharat Wire Ropes Limited) Stock Analysis
Buy, Hold or Sell?

Let's analyze Bharat Wire Ropes Limited together

I guess you are interested in Bharat Wire Ropes Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Bharat Wire Ropes Limited’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Bharat Wire Ropes Limited’s Price Targets

I'm going to help you getting a better view of Bharat Wire Ropes Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Bharat Wire Ropes Limited (30 sec.)










1.2. What can you expect buying and holding a share of Bharat Wire Ropes Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
10.0%

What is your share worth?

Current worth
INR107.40
Expected worth in 1 year
INR151.69
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR44.31
Return On Investment
20.0%

For what price can you sell your share?

Current Price per Share
INR221.91
Expected price per share
INR203.77 - INR244.69
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Bharat Wire Ropes Limited (5 min.)




Live pricePrice per Share (EOD)
INR221.91
Intrinsic Value Per Share
INR-99.02 - INR60.28
Total Value Per Share
INR8.37 - INR167.67

2.2. Growth of Bharat Wire Ropes Limited (5 min.)




Is Bharat Wire Ropes Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$86.1m$77.2m$8.8m10.3%

How much money is Bharat Wire Ropes Limited making?

Current yearPrevious yearGrowGrow %
Making money$8.4m$11.2m-$2.7m-32.8%
Net Profit Margin11.7%15.5%--

How much money comes from the company's main activities?

2.3. Financial Health of Bharat Wire Ropes Limited (5 min.)




2.4. Comparing to competitors in the Steel industry (5 min.)




  Industry Rankings (Steel)  


Richest
#218 / 295

Most Revenue
#210 / 295

Most Profit
#105 / 295
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Bharat Wire Ropes Limited?

Welcome investor! Bharat Wire Ropes Limited's management wants to use your money to grow the business. In return you get a share of Bharat Wire Ropes Limited.

First you should know what it really means to hold a share of Bharat Wire Ropes Limited. And how you can make/lose money.

Speculation

The Price per Share of Bharat Wire Ropes Limited is INR221.91. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Bharat Wire Ropes Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Bharat Wire Ropes Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR107.40. Based on the TTM, the Book Value Change Per Share is INR11.07 per quarter. Based on the YOY, the Book Value Change Per Share is INR14.65 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Bharat Wire Ropes Limited.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.120.1%0.120.1%0.160.1%0.130.1%0.080.0%0.020.0%
Usd Book Value Change Per Share0.130.1%0.130.1%0.170.1%0.160.1%0.240.1%0.110.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.130.1%0.130.1%0.170.1%0.160.1%0.240.1%0.110.1%
Usd Price Per Share2.25-2.25-3.22-2.43-1.70-1.17-
Price to Earnings Ratio18.22-18.22-19.62-18.31-15.04-339.74-
Price-to-Total Gains Ratio17.37-17.37-18.79-15.32-14.97-79.86-
Price to Book Ratio1.79-1.79-2.86-2.18-1.63-2.41-
Price-to-Total Gains Ratio17.37-17.37-18.79-15.32-14.97-79.86-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.596347
Number of shares385
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.130.24
Usd Total Gains Per Share0.130.24
Gains per Quarter (385 shares)49.9091.63
Gains per Year (385 shares)199.61366.51
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
102001900366357
203993900733724
30599590010991091
40798790014661458
51998990018321825
6111971190021992192
7113971390025652559
8115961590029322926
9117961790032983293
10119951990036653660

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.03.00.070.0%13.03.00.081.3%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%14.02.00.087.5%
Dividend per Share1.00.00.0100.0%1.00.02.033.3%1.00.04.020.0%1.00.09.010.0%1.00.015.06.3%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%14.02.00.087.5%
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3.2. Key Performance Indicators

The key performance indicators of Bharat Wire Ropes Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--11.07311.0730%14.648-24%13.845-20%20.340-46%9.706+14%
Book Value Per Share--107.397107.3970%96.324+11%95.132+13%82.941+29%49.638+116%
Current Ratio--4.5694.5690%7.553-40%5.312-14%3.947+16%2.472+85%
Debt To Asset Ratio--0.2290.2290%0.191+20%0.235-2%0.307-25%0.560-59%
Debt To Equity Ratio--0.2980.2980%0.237+26%0.310-4%0.471-37%3.676-92%
Dividend Per Share--0.0060.0060%-+100%0.002+200%0.001+400%0.001+900%
Enterprise Value--11100620270.00011100620270.0000%17315029920.000-36%12314786036.667-10%7535437368.000+47%3613766564.889+207%
Eps--10.56210.5620%14.027-25%11.221-6%6.642+59%1.841+474%
Ev To Ebitda Ratio--8.3838.3830%10.575-21%8.374+0%5.043+66%2.402+249%
Ev To Sales Ratio--1.7921.7920%2.785-36%2.008-11%1.223+47%0.755+137%
Free Cash Flow Per Share--1.3801.3800%8.780-84%6.777-80%-2.423+276%-4.835+450%
Free Cash Flow To Equity Per Share---0.237-0.2370%-0.061-74%0.169-240%0.088-370%0.029-920%
Gross Profit Margin--1.0001.0000%0.880+14%0.902+11%0.876+14%0.821+22%
Intrinsic Value_10Y_max--60.276----------
Intrinsic Value_10Y_min---99.025----------
Intrinsic Value_1Y_max--6.633----------
Intrinsic Value_1Y_min---6.180----------
Intrinsic Value_3Y_max--19.478----------
Intrinsic Value_3Y_min---21.921----------
Intrinsic Value_5Y_max--31.778----------
Intrinsic Value_5Y_min---41.214----------
Market Cap15219608586.000+13%13199106270.00013199106270.0000%18874481920.000-30%14239306036.667-7%9950253768.000+33%6869090613.000+92%
Net Profit Margin--0.1170.1170%0.155-24%0.126-7%0.069+69%-0.003+103%
Operating Margin--0.1780.1780%0.229-22%0.202-12%0.153+17%0.100+78%
Operating Ratio--0.6630.6630%0.814-19%0.759-13%0.824-20%0.893-26%
Pb Ratio2.066+13%1.7921.7920%2.857-37%2.183-18%1.625+10%2.408-26%
Pe Ratio21.010+13%18.22118.2210%19.620-7%18.315-1%15.037+21%339.736-95%
Price Per Share221.910+13%192.450192.4500%275.200-30%207.617-7%145.080+33%100.155+92%
Price To Free Cash Flow Ratio160.761+13%139.419139.4190%31.344+345%62.007+125%41.081+239%19.791+604%
Price To Total Gains Ratio20.031+13%17.37217.3720%18.787-8%15.324+13%14.971+16%79.859-78%
Quick Ratio--1.1751.1750%1.832-36%1.313-10%0.963+22%0.679+73%
Return On Assets--0.0760.0760%0.118-36%0.091-17%0.054+41%0.014+459%
Return On Equity--0.0980.0980%0.146-32%0.118-17%0.069+42%-0.164+267%
Total Gains Per Share--11.07811.0780%14.648-24%13.847-20%20.342-46%9.706+14%
Usd Book Value--86179509.00086179509.0000%77294201.400+11%76337816.100+13%66555368.100+29%39831668.905+116%
Usd Book Value Change Per Share--0.1300.1300%0.171-24%0.162-20%0.238-46%0.114+14%
Usd Book Value Per Share--1.2571.2570%1.127+11%1.113+13%0.970+29%0.581+116%
Usd Dividend Per Share--0.0000.0000%-+100%0.000+200%0.000+400%0.000+900%
Usd Enterprise Value--129877257.159129877257.1590%202585850.064-36%144082996.629-10%88164617.206+47%42281068.809+207%
Usd Eps--0.1240.1240%0.164-25%0.131-6%0.078+59%0.022+474%
Usd Free Cash Flow--1107662.4001107662.4000%7045400.700-84%5438397.900-80%-1944027.540+276%-3879411.402+450%
Usd Free Cash Flow Per Share--0.0160.0160%0.103-84%0.079-80%-0.028+276%-0.057+450%
Usd Free Cash Flow To Equity Per Share---0.003-0.0030%-0.001-74%0.002-240%0.001-370%0.000-920%
Usd Market Cap178069420.456+13%154429543.359154429543.3590%220831438.464-30%166599880.629-7%116417969.086+33%80368360.172+92%
Usd Price Per Share2.596+13%2.2522.2520%3.220-30%2.429-7%1.697+33%1.172+92%
Usd Profit--8475491.7008475491.7000%11255435.100-25%9004117.200-6%5329420.200+59%1468009.818+477%
Usd Revenue--72459995.40072459995.4000%72754730.1000%71378424.000+2%57457766.340+26%37816355.096+92%
Usd Total Gains Per Share--0.1300.1300%0.171-24%0.162-20%0.238-46%0.114+14%
 EOD+4 -4MRQTTM+0 -0YOY+10 -303Y+15 -255Y+30 -1010Y+35 -5

3.3 Fundamental Score

Let's check the fundamental score of Bharat Wire Ropes Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1521.010
Price to Book Ratio (EOD)Between0-12.066
Net Profit Margin (MRQ)Greater than00.117
Operating Margin (MRQ)Greater than00.178
Quick Ratio (MRQ)Greater than11.175
Current Ratio (MRQ)Greater than14.569
Debt to Asset Ratio (MRQ)Less than10.229
Debt to Equity Ratio (MRQ)Less than10.298
Return on Equity (MRQ)Greater than0.150.098
Return on Assets (MRQ)Greater than0.050.076
Total7/10 (70.0%)

3.4 Technical Score

Let's check the technical score of Bharat Wire Ropes Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.279
Ma 20Greater thanMa 50217.802
Ma 50Greater thanMa 100201.636
Ma 100Greater thanMa 200186.782
OpenGreater thanClose224.000
Total4/5 (80.0%)

4. In-depth Analysis

4.1 About Bharat Wire Ropes Limited

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 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. It exports its products to Austria, Germany, Finland, Netherlands, Belgium, Denmark, Spain, Italy, France, Greece, Lithuania, Norway, and Internationally. 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.

Fundamental data was last updated by Penke on 2025-06-21 17:59:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Bharat Wire Ropes Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compareΒ Bharat Wire Ropes Limited to theΒ Steel industry mean.
  • A Net Profit Margin of 11.7%Β means thatΒ ₹0.12 for each ₹1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Bharat Wire Ropes Limited:

  • The MRQ is 11.7%. The company is making a huge profit. +2
  • The TTM is 11.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ11.7%TTM11.7%0.0%
TTM11.7%YOY15.5%-3.8%
TTM11.7%5Y6.9%+4.8%
5Y6.9%10Y-0.3%+7.3%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ11.7%1.8%+9.9%
TTM11.7%1.7%+10.0%
YOY15.5%2.9%+12.6%
3Y12.6%2.7%+9.9%
5Y6.9%3.9%+3.0%
10Y-0.3%2.8%-3.1%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Bharat Wire Ropes Limited is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Bharat Wire Ropes Limited to theΒ Steel industry mean.
  • 7.6% Return on Assets means thatΒ Bharat Wire Ropes Limited generatedΒ ₹0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Bharat Wire Ropes Limited:

  • The MRQ is 7.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.6%TTM7.6%0.0%
TTM7.6%YOY11.8%-4.2%
TTM7.6%5Y5.4%+2.2%
5Y5.4%10Y1.4%+4.0%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ7.6%0.7%+6.9%
TTM7.6%0.5%+7.1%
YOY11.8%1.0%+10.8%
3Y9.1%1.0%+8.1%
5Y5.4%1.5%+3.9%
10Y1.4%1.1%+0.3%
4.3.1.3. Return on Equity

Shows how efficient Bharat Wire Ropes Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Bharat Wire Ropes Limited to theΒ Steel industry mean.
  • 9.8% Return on Equity means Bharat Wire Ropes Limited generated ₹0.10Β for eachΒ ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bharat Wire Ropes Limited:

  • The MRQ is 9.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.8%TTM9.8%0.0%
TTM9.8%YOY14.6%-4.7%
TTM9.8%5Y6.9%+2.9%
5Y6.9%10Y-16.4%+23.3%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ9.8%1.2%+8.6%
TTM9.8%1.1%+8.7%
YOY14.6%1.8%+12.8%
3Y11.8%1.8%+10.0%
5Y6.9%3.0%+3.9%
10Y-16.4%2.0%-18.4%
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4.3.2. Operating Efficiency of Bharat Wire Ropes Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Bharat Wire Ropes Limited is operatingΒ .

  • Measures how much profit Bharat Wire Ropes Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Bharat Wire Ropes Limited to theΒ Steel industry mean.
  • An Operating Margin of 17.8%Β means the company generated ₹0.18 Β for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Bharat Wire Ropes Limited:

  • The MRQ is 17.8%. The company is operating efficient. +1
  • The TTM is 17.8%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ17.8%TTM17.8%0.0%
TTM17.8%YOY22.9%-5.1%
TTM17.8%5Y15.3%+2.6%
5Y15.3%10Y10.0%+5.3%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ17.8%7.0%+10.8%
TTM17.8%5.3%+12.5%
YOY22.9%3.1%+19.8%
3Y20.2%2.7%+17.5%
5Y15.3%4.6%+10.7%
10Y10.0%4.2%+5.8%
4.3.2.2. Operating Ratio

Measures how efficient Bharat Wire Ropes Limited is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Steel industry mean).
  • An Operation Ratio of 0.66 means that the operating costs are ₹0.66 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Bharat Wire Ropes Limited:

  • The MRQ is 0.663. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.663. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.663TTM0.6630.000
TTM0.663YOY0.814-0.152
TTM0.6635Y0.824-0.161
5Y0.82410Y0.893-0.069
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6631.709-1.046
TTM0.6631.531-0.868
YOY0.8141.048-0.234
3Y0.7591.267-0.508
5Y0.8241.169-0.345
10Y0.8931.121-0.228
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4.4.3. Liquidity of Bharat Wire Ropes Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Bharat Wire Ropes Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Steel industry mean).
  • A Current Ratio of 4.57Β means the company has ₹4.57 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Bharat Wire Ropes Limited:

  • The MRQ is 4.569. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.569. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.569TTM4.5690.000
TTM4.569YOY7.553-2.984
TTM4.5695Y3.947+0.622
5Y3.94710Y2.472+1.475
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5691.635+2.934
TTM4.5691.606+2.963
YOY7.5531.762+5.791
3Y5.3121.747+3.565
5Y3.9471.711+2.236
10Y2.4721.592+0.880
4.4.3.2. Quick Ratio

Measures if Bharat Wire Ropes Limited is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Bharat Wire Ropes Limited to theΒ Steel industry mean.
  • A Quick Ratio of 1.18Β means the company can pay off ₹1.18 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bharat Wire Ropes Limited:

  • The MRQ is 1.175. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.175. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.175TTM1.1750.000
TTM1.175YOY1.832-0.656
TTM1.1755Y0.963+0.212
5Y0.96310Y0.679+0.284
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1750.541+0.634
TTM1.1750.569+0.606
YOY1.8320.736+1.096
3Y1.3130.700+0.613
5Y0.9630.742+0.221
10Y0.6790.723-0.044
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4.5.4. Solvency of Bharat Wire Ropes Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of Bharat Wire Ropes LimitedΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Bharat Wire Ropes Limited to Steel industry mean.
  • A Debt to Asset Ratio of 0.23Β means that Bharat Wire Ropes Limited assets areΒ financed with 22.9% credit (debt) and the remaining percentage (100% - 22.9%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of Bharat Wire Ropes Limited:

  • The MRQ is 0.229. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.229. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.229TTM0.2290.000
TTM0.229YOY0.191+0.038
TTM0.2295Y0.307-0.078
5Y0.30710Y0.560-0.252
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2290.447-0.218
TTM0.2290.441-0.212
YOY0.1910.445-0.254
3Y0.2350.456-0.221
5Y0.3070.465-0.158
10Y0.5600.490+0.070
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Bharat Wire Ropes Limited is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Bharat Wire Ropes Limited to theΒ Steel industry mean.
  • A Debt to Equity ratio of 29.8% means that company has ₹0.30 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Bharat Wire Ropes Limited:

  • The MRQ is 0.298. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.298. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.298TTM0.2980.000
TTM0.298YOY0.237+0.061
TTM0.2985Y0.471-0.174
5Y0.47110Y3.676-3.205
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2980.810-0.512
TTM0.2980.805-0.507
YOY0.2370.791-0.554
3Y0.3100.868-0.558
5Y0.4710.905-0.434
10Y3.6761.075+2.601
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every ₹1 in earnings Bharat Wire Ropes Limited generates.

  • Above 15 is considered overpriced butΒ always compareΒ Bharat Wire Ropes Limited to theΒ Steel industry mean.
  • A PE ratio of 18.22 means the investor is paying ₹18.22Β for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bharat Wire Ropes Limited:

  • The EOD is 21.010. Based on the earnings, the company is fair priced.
  • The MRQ is 18.221. Based on the earnings, the company is fair priced.
  • The TTM is 18.221. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD21.010MRQ18.221+2.789
MRQ18.221TTM18.2210.000
TTM18.221YOY19.620-1.399
TTM18.2215Y15.037+3.184
5Y15.03710Y339.736-324.699
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD21.01011.097+9.913
MRQ18.22110.045+8.176
TTM18.22110.231+7.990
YOY19.6208.306+11.314
3Y18.3159.058+9.257
5Y15.0379.010+6.027
10Y339.73610.307+329.429
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Bharat Wire Ropes Limited:

  • The EOD is 160.761. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 139.419. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 139.419. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD160.761MRQ139.419+21.342
MRQ139.419TTM139.4190.000
TTM139.419YOY31.344+108.075
TTM139.4195Y41.081+98.338
5Y41.08110Y19.791+21.290
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD160.761-0.164+160.925
MRQ139.419-0.394+139.813
TTM139.4191.581+137.838
YOY31.3441.574+29.770
3Y62.0071.317+60.690
5Y41.0811.458+39.623
10Y19.7910.992+18.799
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Bharat Wire Ropes Limited is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Steel industry mean).
  • A PB ratio of 1.79 means the investor is paying ₹1.79Β for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Bharat Wire Ropes Limited:

  • The EOD is 2.066. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.792. Based on the equity, the company is underpriced. +1
  • The TTM is 1.792. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.066MRQ1.792+0.274
MRQ1.792TTM1.7920.000
TTM1.792YOY2.857-1.065
TTM1.7925Y1.625+0.167
5Y1.62510Y2.408-0.783
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD2.0660.844+1.222
MRQ1.7920.838+0.954
TTM1.7920.822+0.970
YOY2.8570.971+1.886
3Y2.1830.966+1.217
5Y1.6251.027+0.598
10Y2.4081.176+1.232
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets9,557,799
Total Liabilities2,192,029
Total Stockholder Equity7,365,770
 As reported
Total Liabilities 2,192,029
Total Stockholder Equity+ 7,365,770
Total Assets = 9,557,799

Assets

Total Assets9,557,799
Total Current Assets4,146,680
Long-term Assets5,411,119
Total Current Assets
Cash And Cash Equivalents 93,543
Short-term Investments 106,024
Net Receivables 867,128
Inventory 1,232,391
Other Current Assets 1,953,618
Total Current Assets  (as reported)4,146,680
Total Current Assets  (calculated)4,252,704
+/- 106,024
Long-term Assets
Property Plant Equipment 5,295,726
Intangible Assets 8,341
Long-term Assets Other 107,052
Long-term Assets  (as reported)5,411,119
Long-term Assets  (calculated)5,411,119
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities907,615
Long-term Liabilities1,284,414
Total Stockholder Equity7,365,770
Total Current Liabilities
Short-term Debt 536,691
Short Long Term Debt 536,691
Accounts payable 165,621
Other Current Liabilities 205,303
Total Current Liabilities  (as reported)907,615
Total Current Liabilities  (calculated)1,444,306
+/- 536,691
Long-term Liabilities
Long term Debt 773,611
Long-term Liabilities  (as reported)1,284,414
Long-term Liabilities  (calculated)773,611
+/- 510,803
Total Stockholder Equity
Common Stock684,489
Accumulated Other Comprehensive Income 6,681,281
Total Stockholder Equity (as reported)7,365,770
Total Stockholder Equity (calculated)7,365,770
+/-0
Other
Capital Stock684,489
Cash and Short Term Investments 93,543
Common Stock Shares Outstanding 68,340
Liabilities and Stockholders Equity 9,557,799
Net Debt 1,216,759
Net Invested Capital 8,676,072
Net Working Capital 3,239,065
Property Plant and Equipment Gross 5,295,726
Short Long Term Debt Total 1,310,302



6.2. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2025-03-312024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-31
> Total Assets 
716,733
1,042,638
1,427,997
1,465,117
1,419,562
1,520,400
4,169,943
6,004,659
7,364,294
7,669,204
7,523,226
7,465,153
7,737,689
7,811,845
8,170,176
9,557,799
9,557,7998,170,1767,811,8457,737,6897,465,1537,523,2267,669,2047,364,2946,004,6594,169,9431,520,4001,419,5621,465,1171,427,9971,042,638716,733
   > Total Current Assets 
535,000
821,163
742,455
727,058
662,066
578,098
1,316,282
972,935
1,599,058
1,692,073
1,539,883
1,680,816
2,154,663
2,741,324
3,327,728
4,146,680
4,146,6803,327,7282,741,3242,154,6631,680,8161,539,8831,692,0731,599,058972,9351,316,282578,098662,066727,058742,455821,163535,000
       Cash And Cash Equivalents 
8,144
35,229
125,773
84,013
18,590
18,112
719,977
25,514
192,996
3,402
27,806
4,927
28,727
381
562
93,543
93,54356238128,7274,92727,8063,402192,99625,514719,97718,11218,59084,013125,77335,2298,144
       Short-term Investments 
0
0
0
8,360
1,123
1,189
2,836
9,240
11,035
40,961
5,263
59,689
12,966
94,155
3,820
106,024
106,0243,82094,15512,96659,6895,26340,96111,0359,2402,8361,1891,1238,360000
       Net Receivables 
258,350
252,902
221,045
205,646
223,286
141,756
170,562
171,633
239,908
368,185
296,526
366,311
403,765
480,419
798,810
867,128
867,128798,810480,419403,765366,311296,526368,185239,908171,633170,562141,756223,286205,646221,045252,902258,350
       Inventory 
192,158
414,932
287,787
349,355
370,485
385,371
344,220
437,113
734,540
888,616
776,504
647,212
804,507
1,100,681
985,842
1,232,391
1,232,391985,8421,100,681804,507647,212776,504888,616734,540437,113344,220385,371370,485349,355287,787414,932192,158
       Other Current Assets 
76,348
404,093
83,038
77,259
48,582
29,464
80,116
325,972
429,553
431,905
456,508
658,362
917,601
1,160,052
1,545,934
1,953,618
1,953,6181,545,9341,160,052917,601658,362456,508431,905429,553325,97280,11629,46448,58277,25983,038404,09376,348
   > Long-term Assets 
181,733
221,472
685,541
738,059
757,495
942,301
2,853,661
5,031,724
5,765,236
5,977,131
5,983,344
5,784,338
5,583,026
5,070,521
4,842,448
5,411,119
5,411,1194,842,4485,070,5215,583,0265,784,3385,983,3445,977,1315,765,2365,031,7242,853,661942,301757,495738,059685,541221,472181,733
       Property Plant Equipment 
177,684
217,941
676,461
727,987
751,050
769,527
2,242,285
4,819,680
5,673,449
5,606,499
5,389,448
5,130,016
4,915,921
4,839,548
4,873,164
5,295,726
5,295,7264,873,1644,839,5484,915,9215,130,0165,389,4485,606,4995,673,4494,819,6802,242,285769,527751,050727,987676,461217,941177,684
       Long Term Investments 
0
0
0
0
0
0
0
0
2,531
0
0
0
0
0
0
0
00000002,53100000000
       Intangible Assets 
0
0
0
0
2,433
2,146
2,152
3,090
3,753
3,421
2,216
2,946
3,275
7,235
7,487
8,341
8,3417,4877,2353,2752,9462,2163,4213,7533,0902,1522,1462,4330000
       Other Assets 
0
3
1
0
1
1
610,130
211,280
86,690
367,210
-1
-1
663,827
0
182,230
0
0182,2300663,827-1-1367,21086,690211,280610,130110130
> Total Liabilities 
494,157
802,313
766,315
788,680
728,091
811,411
2,786,986
4,606,407
5,931,436
6,672,124
7,132,676
3,113,554
3,220,622
2,210,158
1,563,834
2,192,029
2,192,0291,563,8342,210,1583,220,6223,113,5547,132,6766,672,1245,931,4364,606,4072,786,986811,411728,091788,680766,315802,313494,157
   > Total Current Liabilities 
319,753
560,325
453,962
483,820
457,397
420,436
739,406
790,859
1,506,169
3,044,100
4,297,907
916,659
1,097,957
718,553
440,580
907,615
907,615440,580718,5531,097,957916,6594,297,9073,044,1001,506,169790,859739,406420,436457,397483,820453,962560,325319,753
       Short-term Debt 
105,421
261,661
269,503
280,874
260,495
241,235
225,484
223,750
887,064
2,523,568
3,954,822
496,115
623,420
390,297
274,589
536,691
536,691274,589390,297623,420496,1153,954,8222,523,568887,064223,750225,484241,235260,495280,874269,503261,661105,421
       Short Long Term Debt 
0
0
0
0
0
18,864
7,272
223,750
910,693
2,523,568
3,954,822
595,569
623,420
390,297
274,590
536,691
536,691274,590390,297623,420595,5693,954,8222,523,568910,693223,7507,27218,86400000
       Accounts payable 
204,799
260,020
95,806
175,755
180,896
136,316
91,114
195,788
374,331
317,666
108,078
109,689
312,879
178,215
58,852
165,621
165,62158,852178,215312,879109,689108,078317,666374,331195,78891,114136,316180,896175,75595,806260,020204,799
       Other Current Liabilities 
-6,233
38,644
88,653
27,191
16,006
41,885
397,942
371,321
205,142
202,866
235,007
130,618
161,659
150,041
107,139
205,303
205,303107,139150,041161,659130,618235,007202,866205,142371,321397,94241,88516,00627,19188,65338,644-6,233
   > Long-term Liabilities 
174,404
241,988
312,352
304,860
270,695
390,975
2,047,580
3,815,548
4,425,267
3,628,024
2,834,769
2,196,895
2,122,665
1,491,605
1,123,254
1,284,414
1,284,4141,123,2541,491,6052,122,6652,196,8952,834,7693,628,0244,425,2673,815,5482,047,580390,975270,695304,860312,352241,988174,404
       Long term Debt Total 
0
0
0
0
0
0
1,734,150
3,489,545
4,337,038
3,578,154
2,785,053
2,143,450
2,065,110
0
0
0
0002,065,1102,143,4502,785,0533,578,1544,337,0383,489,5451,734,150000000
       Other Liabilities 
0
0
0
0
0
211,265
313,430
304,794
88,229
49,869
49,715
53,445
57,556
0
0
0
00057,55653,44549,71549,86988,229304,794313,430211,26500000
> Total Stockholder Equity
217,776
240,325
661,682
676,437
691,471
708,989
1,382,957
1,398,252
1,432,858
997,080
390,550
4,351,599
4,517,067
5,601,687
6,606,342
7,365,770
7,365,7706,606,3425,601,6874,517,0674,351,599390,550997,0801,432,8581,398,2521,382,957708,989691,471676,437661,682240,325217,776
   Common Stock
125,594
125,594
293,967
293,967
293,967
293,967
449,522
449,522
449,522
449,522
449,522
625,732
638,300
678,975
680,420
684,489
684,489680,420678,975638,300625,732449,522449,522449,522449,522449,522293,967293,967293,967293,967125,594125,594
   Retained Earnings 
14,212
31,961
53,369
68,124
83,158
102,911
114,454
130,850
140,123
-305,034
-914,630
-1,084,558
-949,756
-308,396
650,325
0
0650,325-308,396-949,756-1,084,558-914,630-305,034140,123130,850114,454102,91183,15868,12453,36931,96114,212
   Capital Surplus 
0
0
0
0
0
0
0
0
0
814,180
814,180
942,347
988,646
0
0
0
000988,646942,347814,180814,180000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
77,970
82,770
314,346
309,546
309,546
309,196
814,180
805,156
814,180
814,180
814,180
942,347
1,001,923
1,399,708
1,408,292
0
01,408,2921,399,7081,001,923942,347814,180814,180814,180805,156814,180309,196309,546309,546314,34682,77077,970



6.3. Balance Sheets

Currency in INR. All numbers in thousands.




6.4. Cash Flows

Currency in INR. All numbers in thousands.




6.5. Income Statements

Currency in INR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2025-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue6,193,162
Cost of Revenue-3,444,866
Gross Profit2,748,2962,748,296
 
Operating Income (+$)
Gross Profit2,748,296
Operating Expense-658,273
Operating Income2,090,0232,090,023
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense658,2730
 
Net Interest Income (+$)
Interest Income0
Interest Expense-133,289
Other Finance Cost-0
Net Interest Income-133,289
 
Pretax Income (+$)
Operating Income2,090,023
Net Interest Income-133,289
Other Non-Operating Income Expenses0
Income Before Tax (EBT)978,2333,201,813
EBIT - interestExpense = 970,305
978,233
857,690
Interest Expense133,289
Earnings Before Interest and Taxes (EBIT)1,103,5941,111,522
Earnings Before Interest and Taxes (EBITDA)1,324,202
 
After tax Income (+$)
Income Before Tax978,233
Tax Provision-253,832
Net Income From Continuing Ops724,401724,401
Net Income724,401
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses4,103,139
Total Other Income/Expenses Net-1,111,790133,289
 

Technical Analysis of Bharat Wire Ropes Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Bharat Wire Ropes Limited. The general trend of Bharat Wire Ropes Limited is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Bharat Wire Ropes Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Bharat Wire Ropes Limited Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Bharat Wire Ropes Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 230.75 < 231.91 < 244.69.

The bearish price targets are: 204.80 > 204.00 > 203.77.

Know someone who trades $BHARATWIRE? Share this with them.πŸ‘‡

Bharat Wire Ropes Limited Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Bharat Wire Ropes Limited. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Bharat Wire Ropes Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Bharat Wire Ropes Limited. The current macd is 3.45604192.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bharat Wire Ropes Limited price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Bharat Wire Ropes Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Bharat Wire Ropes Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Bharat Wire Ropes Limited Daily Moving Average Convergence/Divergence (MACD) ChartBharat Wire Ropes Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Bharat Wire Ropes Limited. The current adx is 31.32.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Bharat Wire Ropes Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Bharat Wire Ropes Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Bharat Wire Ropes Limited. The current sar is 233.99.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Bharat Wire Ropes Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Bharat Wire Ropes Limited. The current rsi is 58.28. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Bharat Wire Ropes Limited Daily Relative Strength Index (RSI) ChartBharat Wire Ropes Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Bharat Wire Ropes Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Bharat Wire Ropes Limited price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Bharat Wire Ropes Limited Daily Stochastic Oscillator ChartBharat Wire Ropes Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Bharat Wire Ropes Limited. The current cci is 60.90.

Bharat Wire Ropes Limited Daily Commodity Channel Index (CCI) ChartBharat Wire Ropes Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Bharat Wire Ropes Limited. The current cmo is 19.40.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Bharat Wire Ropes Limited Daily Chande Momentum Oscillator (CMO) ChartBharat Wire Ropes Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Bharat Wire Ropes Limited. The current willr is -40.46944557.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Bharat Wire Ropes Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Bharat Wire Ropes Limited Daily Williams %R ChartBharat Wire Ropes Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Bharat Wire Ropes Limited.

Bharat Wire Ropes Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Bharat Wire Ropes Limited. The current atr is 9.62958837.

Bharat Wire Ropes Limited Daily Average True Range (ATR) ChartBharat Wire Ropes Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Bharat Wire Ropes Limited. The current obv is 46,331,201.

Bharat Wire Ropes Limited Daily On-Balance Volume (OBV) ChartBharat Wire Ropes Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Bharat Wire Ropes Limited. The current mfi is 74.73.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Bharat Wire Ropes Limited Daily Money Flow Index (MFI) ChartBharat Wire Ropes Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bharat Wire Ropes Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-17BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-02-24STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-03-03STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-04-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-15STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-04-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-05-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-05-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-09RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-16STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-17STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-19ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-06-25MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-07-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-07-03MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-07-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-07-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-07-08STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Bharat Wire Ropes Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Bharat Wire Ropes Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.279
Ma 20Greater thanMa 50217.802
Ma 50Greater thanMa 100201.636
Ma 100Greater thanMa 200186.782
OpenGreater thanClose224.000
Total4/5 (80.0%)
Penke
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