Bharat Wire

  • Market Cap: Micro Cap
  • Industry: Iron & Steel Products
  • ISIN: INE316L01019
  • NSEID: BHARATWIRE
  • BSEID: 539799
INR
234.60
-8.45 (-3.48%)
BSENSE

May 06

BSE+NSE Vol: 5.93 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
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  • Financials
  • CompanyCV
{
  "main_header": {
    "sid": 1002588,
    "name": "Bharat Wire",
    "stock_name": "Bharat Wire",
    "full_name": "Bharat Wire Ropes Ltd",
    "name_url": "stocks-analysis/bharat-wire",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "234.60",
    "chg": -8.45,
    "chgp": "-3.48%",
    "dir": -1,
    "prev_price": "243.05",
    "mcapval": "1,650.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 539799,
    "symbol": "BHARATWIRE",
    "ind_name": "Iron & Steel Products",
    "ind_code": 20,
    "indexname": "India SENSEX",
    "isin": "INE316L01019",
    "curr_date": "May 06",
    "curr_time": "",
    "bse_nse_vol": "5.93 lacs",
    "exc_status": "Active",
    "traded_date": "May 06, 2026",
    "traded_date_str": "2026 05 06",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/bharat-wire-1002588-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Bharat Wire Ropes Ltd Sees Bullish Momentum Amid Technical Upgrades",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/bharat-wire-ropes-ltd-sees-bullish-momentum-amid-technical-upgrades-3976946",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BharatWireRopes_technicaldot_3976946.png",
        "date": "2026-05-06 08:05:30",
        "description": "Bharat Wire Ropes Ltd has exhibited a notable shift in technical momentum, transitioning from a sideways trend to a bullish stance across multiple timeframes. Despite this positive technical evolution, the company’s MarketsMOJO grade has been downgraded from Hold to Sell, reflecting a cautious stance amid its micro-cap status and sector challenges. This article analyses the key technical indicators, price momentum, and comparative returns to provide a comprehensive view of the stock’s current market positioning."
      },
      {
        "title": "Bharat Wire Ropes Ltd Forms Golden Cross Amid Mixed Technical Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/bharat-wire-ropes-ltd-forms-golden-cross-signalling-potential-bullish-breakout-3976398",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BharatWireRopes_goldencross_3976398.png",
        "date": "2026-05-05 18:00:27",
        "description": "The 50-day moving average for Bharat Wire Ropes Ltd has crossed above the 200-day moving average, creating a golden cross on 05 May 2026. Yet, the broader technical and fundamental context presents a nuanced picture that tempers the enthusiasm typically associated with this signal."
      },
      {
        "title": "Bharat Wire Ropes Ltd Downgraded to Sell Amid Technical and Valuation Concerns",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bharat-wire-ropes-ltd-downgraded-to-sell-amid-technical-and-valuation-concerns-3975312",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BharatWireRopes_mojoScore_3975312.png",
        "date": "2026-05-05 08:57:14",
        "description": "Bharat Wire Ropes Ltd has seen its investment rating downgraded from Hold to Sell, driven primarily by a deterioration in technical indicators and a shift in valuation metrics from attractive to fair. Despite strong long-term returns and a solid fundamental base, recent financial trends and technical signals have raised caution among analysts, prompting a reassessment of the stock’s outlook."
      },
      {
        "title": "Bharat Wire Ropes Ltd Technical Momentum Shifts Amid Mixed Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/bharat-wire-ropes-ltd-technical-momentum-shifts-amid-mixed-signals-3974941",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BharatWireRopes_technicaldot_3974941.png",
        "date": "2026-05-05 08:06:45",
        "description": "Bharat Wire Ropes Ltd has experienced a notable shift in its technical momentum, with recent price action and indicator signals reflecting a transition from a mildly bullish trend to a sideways consolidation phase. Despite a strong day gain of 5.30%, the stock’s technical indicators present a complex picture, prompting a reassessment of its near-term outlook within the Iron & Steel Products sector."
      },
      {
        "title": "Bharat Wire Ropes Ltd Valuation Shifts: From Attractive to Fair Amid Market Outperformance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/bharat-wire-ropes-ltd-valuation-shifts-from-attractive-to-fair-amid-market-outperformance-3974668",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BharatWireRopes_valuationdot_3974668.png",
        "date": "2026-05-05 08:01:22",
        "description": "Bharat Wire Ropes Ltd, a micro-cap player in the Iron & Steel Products sector, has witnessed a notable shift in its valuation parameters, moving from an attractive to a fair rating. This change comes amid a robust price rally and evolving market dynamics, prompting a reassessment of its price-to-earnings (P/E) and price-to-book value (P/BV) multiples relative to historical averages and peer comparisons."
      },
      {
        "title": "Bharat Wire Ropes Ltd is Rated Hold by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/bharat-wire-ropes-ltd-is-rated-hold-by-marketsmojo-3972202",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/BharatWireRopes_mojoScore_3972202.png",
        "date": "2026-05-01 10:10:04",
        "description": "Bharat Wire Ropes Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 17 Apr 2026. While the rating change occurred on that date, the analysis and financial metrics discussed here reflect the stock’s current position as of 01 May 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Bharat Wire Ropes Ltd Valuation Shifts Signal Renewed Price Attractiveness",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/bharat-wire-ropes-ltd-valuation-shifts-signal-renewed-price-attractiveness-3967385",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/BharatWireRopes_valuationdot_3967385.png",
        "date": "2026-04-29 08:00:43",
        "description": "Bharat Wire Ropes Ltd has witnessed a notable improvement in its valuation parameters, shifting from a fair to an attractive rating, signalling a potential investment opportunity in the micro-cap Iron & Steel Products sector. This upgrade, accompanied by a recent Mojo Grade change from Sell to Hold, reflects a recalibration of market expectations amid solid operational metrics and a robust price performance relative to the broader Sensex."
      },
      {
        "title": "Bharat Wire Ropes Gains 0.14%: 3 Key Factors Driving the Week’s Performance",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/bharat-wire-ropes-gains-014-3-key-factors-driving-the-weeks-performance-3962443",
        "imagepath": "",
        "date": "2026-04-25 13:03:17",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>Apr 20:</strong> New 52-week high at Rs.249.8</p>\n                    <p><strong>Apr 20:</strong> Upgraded to Hold on improved technicals and valuation</p>\n                    <p><strong>Apr 21:</strong> Valuation shifts from attractive to fair amid strong returns</p>\n                    <p><strong>Apr 24:</strong> Week closes at Rs.222.20 (+0.14%)</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.221.90</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.222.20</div><div class=\"stat-cha..."
      },
      {
        "title": "Bharat Wire Ropes Ltd Valuation Shifts: From Attractive to Fair Amid Strong Returns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/bharat-wire-ropes-ltd-valuation-shifts-from-attractive-to-fair-amid-strong-returns-3954932",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/4/BharatWireRopes_valuationdot_3954932.png",
        "date": "2026-04-21 08:01:50",
        "description": "Bharat Wire Ropes Ltd has witnessed a notable shift in its valuation parameters, moving from an attractive to a fair rating as its price-to-earnings (P/E) and price-to-book value (P/BV) ratios have risen. This change comes amid a strong rally in the stock, which has outperformed the Sensex significantly over multiple time frames, prompting a reassessment of its price attractiveness relative to peers and historical averages."
      }
    ],
    "total": 421,
    "sid": "1002588",
    "stock_news_url": "https://www.marketsmojo.com/news/bharat-wire-ropes-1002588"
  },
  "announcements": [
    {
      "caption": "Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A",
      "datetime": "30-Apr-2026",
      "details": "<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Bharat Wire Ropes Ltd</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L27200MH1986PLC040468</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>35.19</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>A3+</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>CARE RATINGS LIMITED</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>BSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: Govinda Soni <br/> Designation: Company Secretary and Compliance Officer <br/> EmailId: govinda.soni@bharatwireropes.com</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: Rakesh Kumar Jain <br/> Designation: Chief Financial Officer <br/> EmailId: rk.jain@bharatwireropes.com</div> </div> <div> <br/> Date: 30/04/2026<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>",
      "source": "BSE"
    },
    {
      "caption": "Intimation Of Acquisition Of Shares By Shareholder(S)",
      "datetime": "23-Apr-2026",
      "details": "Intimation of acquisition of shares by shareholder(s)",
      "source": "BSE"
    },
    {
      "caption": "Clarification On Price Movement",
      "datetime": "21-Apr-2026",
      "details": "Clarification on Price Movement",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}
stock newsNews and Views
stock-recommendationAnnouncement

Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

30-Apr-2026 | Source : BSE

Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyBharat Wire Ropes Ltd
2CIN NO.L27200MH1986PLC040468
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 35.19
4Highest Credit Rating during the previous FY A3+
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Govinda Soni
Designation: Company Secretary and Compliance Officer
EmailId: govinda.soni@bharatwireropes.com
Name of the Chief Financial Officer: Rakesh Kumar Jain
Designation: Chief Financial Officer
EmailId: rk.jain@bharatwireropes.com

Date: 30/04/2026

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

Intimation Of Acquisition Of Shares By Shareholder(S)

23-Apr-2026 | Source : BSE

Intimation of acquisition of shares by shareholder(s)

Clarification On Price Movement

21-Apr-2026 | Source : BSE

Clarification on Price Movement

stock-recommendationCorporate Actions
Corporate Actions
info
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available