Bharat Wire Ropes (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Bharat Wire Ropes Limited |
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Price: ₹215.92 | ||
| 52 Week Low: ₹210.00 52 Week High: ₹400.60 |
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| Market Capital: 1,465.66 Crore (Smallcap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Bharat Wire Ropes Share Price Target For 2024
- 1.1.1: Bharat Wire Ropes Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Bharat Wire Ropes Share Price Target For 2025
- 1.2.1: Bharat Wire Ropes Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Bharat Wire Ropes Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Bharat Wire Ropes Brief Company Overview
- 4: Bharat Wire Ropes Financial Performance
- 4.0.1: Is Bharat Wire Ropes A Good Buy For Long Term?
To predict the Bharat Wire Ropes's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Bharat Wire Ropes Share Price Target For 2024
The line chart displays the monthly closing prices of Bharat Wire Ropes with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Bharat Wire Ropes shares in 2024, see the table below.
Bharat Wire Ropes Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 226.0 (+4.66%) | Price Action: 08 Aug 2023 High |
| 2024 Target 2 | 223.25 (+3.39%) | Price Action: 29 Aug 2023 Low |
| 2024 Target 1 | 220.95 (+2.31%) | Price Action: 24 Dec 2024 High |
| Current Price | 215.92 | Bharat Wire Ropes's share price as of 26 Dec 2024 |
| Stop Loss 1 | 213.35 (-1.2%) | Price Action: 08 Aug 2023 Low |
| Stop Loss 2 | 210.9 (-2.33%) | Price Action: 03 Aug 2023 High |
| Stop Loss 3 | 208.3 (-3.53%) | Price Action: 16 Aug 2023 Low |
Short-Term Technical Outlook
Current Technical Position: Bharat Wire Ropes is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹228.7 serves as the nearest technical reference point.
Historical Returns: 3-month: -21.97% | 6-month: -16.1% | 1-year: -30.12%
Bharat Wire Ropes Share Price Target For 2025
The line chart displays the monthly closing prices of Bharat Wire Ropes with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Bharat Wire Ropes shares in 2025, see the table below.
Bharat Wire Ropes Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 337.8 (+56.44%) | Price Action: 20 Feb 2024 High |
| 2025 Target 2 | 333.95 (+54.66%) | Price Action: 21 Feb 2024 High |
| 2025 Target 1 | 330.55 (+53.08%) | Price Action: 30 Apr 2024 High |
| Current Price | 215.92 | Bharat Wire Ropes's share price as of 26 Dec 2024 |
| Stop Loss 1 | 185.8 (-13.95%) | Price Action: Chart |
| Stop Loss 2 | 183.94 (-14.82%) | Price Action: Chart |
| Stop Loss 3 | 180.63 (-16.35%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Bharat Wire Ropes is currently trading near its 52-week low of ₹210, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -30.12% | 3-year: +268.77% | 5-year: +671.14%
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Approach 2: Machine Learning By Studying Historical Prices
Bharat Wire Ropes Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹215.92 | ||
| 2024 | ₹242.79 | +12.44% | ₹246.43 |
| 2025 | ₹240.64 | -0.88% | ₹257.23 |
| 2026 | ₹237.15 | -1.45% | ₹245.80 |
| 2027 | ₹211.54 | -10.79% | ₹234.37 |
| 2028 | ₹215.44 | +1.84% | ₹225.84 |
| 2029 | ₹199.76 | -7.27% | ₹214.53 |
| 2030 | ₹196.42 | -1.67% | ₹211.50 |
| 2031 | ₹191.91 | -2.29% | ₹200.07 |
| 2032 | ₹169.58 | -11.63% | ₹188.64 |
| 2033 | ₹170.95 | +0.8% | ₹180.60 |
| 2034 | ₹156.73 | -8.31% | ₹169.29 |
| 2035 | ₹152.20 | -2.89% | ₹165.78 |
| 2036 | ₹223.17 | +46.62% | ₹226.52 |
| 2037 | ₹204.03 | -8.57% | ₹223.70 |
| 2038 | ₹213.26 | +4.52% | ₹219.70 |
| 2039 | ₹198.23 | -7.04% | ₹215.26 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Bharat Wire Ropes Brief Company Overview
Bharat Wire Ropes Limited: A Respected Manufacturer and Supplier in the Steel Industry Established in 1986 and headquartered in Mumbai, India, Bharat Wire Ropes Limited (BWR) has earned a solid reputation as a leading manufacturer and supplier of high-quality steel wire...
ropes, slings, and other related products. Their diverse product range caters to a wide array of industries, including general engineering, fishing, elevators, cranes, material handling, power transmission, suspension bridges, offshore oil exploration, mining, defense, railways, and allied sectors. BWR's commitment to quality and innovation has made them a trusted partner for customers worldwide. They export their products to over 30 countries across North America, Europe, Asia, South America, Africa, and beyond.Bharat Wire Ropes Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 1,465.66 Crore | Market valuation of Bharat Wire Ropes's shares. |
| Revenue (TTM) | 590.01 Crore | Total revenue generated by Bharat Wire Ropes over the past twelve months. |
| Net Income (TTM) | +84.94 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +18.55% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +14.39% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-4.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-22.8% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
17.79 | Company's total debt divided by total shareholder equity. |
| Total Debt | 124.63 Crore | Sum of Bharat Wire Ropes's current & long-term financial obligations. |
| Total Cash | 7.88 Crore | Total amount of liquid funds available to Bharat Wire Ropes. |
| Beta | 1.28 | Beta is greater than 1 indicating that the Bharat Wire Ropes's price is more volatile than the market. |
Is Bharat Wire Ropes A Good Buy For Long Term?
Bharat Wire Ropes, a small-cap stock with a market capitalization of ₹1,465.66 crore, presents a mixed investment outlook. While its 14.39% profit margin and substantial past 3-year returns (496.60%) are positive indicators, recent performance is concerning. The company reported a -22.8% YoY decrease in earnings in Q2 2024-25, coupled with negative returns over the past year (-14.43%). A debt of ₹124.63 crore against a cash balance of ₹7.88 crore raises further concerns. Therefore, considering the current financial data, Bharat Wire Ropes is not a good buy for the long term at this time. Further analysis and monitoring are recommended.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
