Bombay Wire Ropes Ltd

Bombay Wire has not generated any revenue from Mar'19 to Mar'25, with increasing operating and net losses, culminating in a net loss of -1.31 Cr for Mar'25. Despite these challenges, total assets rose to 7.83 Cr, primarily due to increased cash holdings, while total liabilities slightly decreased.

As of 24th July, Bombay Wire Ropes Ltd has a market capitalization of 29.00 Cr, with recent net sales of 0.00 Cr and a net profit loss of 1.31 Cr. Shareholder's funds are 7.80 Cr and total assets are 7.83 Cr as of March 2025.

Bombay Wire Ropes Ltd manufactures and sells wire ropes, structural strands, slings, and wires in the Iron & Steel Products industry. As of March 2025, it reported a net profit of -9 Cr and has a market cap of INR 32 Cr.

The top shareholders of Bombay Wire include New India Exports Private Limited with 50.34%, Life Insurance Corporation of India at 8.46%, and individual investors holding 16.22%. There are no mutual funds or foreign institutional investors currently invested in the company.

As of March 2023, the management team of Bombay Wire includes Kashinath Rajgarhia (Independent Director), Raj Kumar Jhunjhunwala (Whole-time Director), Anurag Kanoria (Director), Vineeta Arvindkumar Kanoria (Director), Vinod Jiwanram Lohia (Independent Director), Shraboni Chatterjee (Company Secretary & Compliance Officer), and Bimal Kumar Kanodia (Independent Director). The team features a mix of directors and independent directors with various roles.

As of June 4, 2025, Bombay Wire's trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, despite a mildly bearish monthly MACD and negative one-year return of -11.65%.

As of June 4, 2025, Bombay Wire's trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, despite a mildly bearish monthly MACD and negative one-year return of -11.65%.

Bombay Wire's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Shree Marutinand, Natl. Gen. Inds., Inducto Steel, and Rish.Digh.Steel, with APL Apollo Tubes showing excellent management and growth, while Welspun Corp has the highest 1-year return at 68.71%.

As of 05-June, Bombay Wire Ropes Ltd's stock price is declining at 67.45, down 0.79%, despite recent short-term gains. The stock has underperformed over the past year compared to the Sensex, contributing to decreased investor participation.