Bharat Wire Ropes Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO
Bharat Wire Ropes, a smallcap engineering company, hit a 52-week low on November 18, 2024. MarketsMojo has given it a 'Strong Sell' rating, indicating a negative outlook. The stock opened with a 12.1% gain but underperformed the sector by -0.6%. It is currently trading below its moving averages, showing a downward trend. In the past year, the stock has declined while the Sensex has shown positive performance, highlighting its underperformance. Investors and experts are advised to be cautious with this stock.
Bharat Wire Ropes, a smallcap company in the engineering industry, has recently hit a 52-week low on November 18, 2024. The stock has been given a 'Strong Sell' rating by MarketsMOJO, indicating a negative outlook for the company.
On the same day, the stock opened with a gain of 12.1%, but underperformed the sector by -0.6%. It reached an intraday high of Rs 240.8, but also touched an intraday low of Rs 210.35, showing high volatility with an intraday range of 12.67%.
Currently, Bharat Wire Ropes is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.
In the past year, the company's stock has seen a decline of -22.13%, while the Sensex has shown a positive performance of 17.51%. This further highlights the underperformance of Bharat Wire Ropes in the market.
Investors and experts are advised to exercise caution while considering this stock, as it has shown a negative trend in its performance. This news is based on factual information and does not include any external data or sources.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
