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Bharat Wire Ropes Share Price Target 2024, 2025, 2026 to 2039 With Charts
Bharat Wire Ropes Limited | |||
 | Symbol: BHARATWIRE | ||
| Price: ₹219.55 | |||
| Exchange: NSE | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Bharat Wire Ropes Brief Company Overview
- 1.1: Bharat Wire Ropes Limited: A Respected Manufacturer and Supplier in the Steel Industry
- 1.2: Bharat Wire Ropes Financial Performance
- 1.2.1: Is Bharat Wire Ropes A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Bharat Wire Ropes Share Price Target For 2024
- 2.1.1: Bharat Wire Ropes Share Price Target Table For 2024
- 2.1.2: Summary: Bharat Wire Ropes Share Price Prediction For 2024
- 2.2: Bharat Wire Ropes Share Price Target For 2025
- 2.2.1: Bharat Wire Ropes Share Price Target Table For 2025
- 2.2.2: Summary: Bharat Wire Ropes Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Bharat Wire Ropes Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Bharat Wire Ropes Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Bharat Wire Ropes Past Performance
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 | 1,590.75 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 | 18.56% | 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 picture for long-term investment. While its TTM net profit of ₹84.94 crore and 14.39% profit margin are positive, a concerning -22.8% year-on-year earnings decline and substantial debt (₹124.63 crore) against low cash reserves (₹7.88 crore) raise red flags. Negative returns over the past year (-16.69% to -30.83%) also warrant caution. Although past 3 and 5-year returns are impressive, current performance suggests it's not a good buy for the long term. Further investigation is needed before considering this stock.
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
| Bharat Wire Ropes's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 226.35 (+3.09%) | Price Action: 11 Nov 2024 Low |
| 2024 Target 2 | 223.85 (+1.95%) | Fibonacci Extension Level 123.6% |
| 2024 Target 1 | 220.79 (+0.56%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 219.55 | Bharat Wire Ropes's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 218.27 (-0.59%) | Fibonacci Retracement Level 50% |
| Stop Loss 2 | 215.46 (-1.87%) | Price Action: 19 Nov 2024 Low |
| Stop Loss 3 | 212.42 (-3.25%) | Price Action: 13 Nov 2024 Low |
Summary: Bharat Wire Ropes Share Price Prediction For 2024
In summary, Bharat Wire Ropes has declined by ₹-90.69, recording a notable -29.35% decrease from 1st January 2024 to 22 Nov 2024. Despite the setback, our analysis of Bharat Wire Ropes for 2024 predicts an additional rise of 0.56% to 3.09% by the end of 2024 with three potential targets T1: 220.79, T2: 223.85, T3: 226.35. Stop Loss at SL1: 218.27, SL2: 215.46, SL3: 212.42.
Bharat Wire Ropes has a 52-week high of ₹400.60, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹210.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Bharat Wire Ropes.
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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
| Bharat Wire Ropes's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 349.71 (+59.28%) | Price Action: Chart |
| 2025 Target 2 | 343.19 (+56.31%) | Price Action: Chart |
| 2025 Target 1 | 339.79 (+54.76%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 219.55 | Bharat Wire Ropes's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 189.58 (-13.66%) | Price Action: Chart |
| Stop Loss 2 | 187.68 (-14.52%) | Price Action: Chart |
| Stop Loss 3 | 184.30 (-16.06%) | Price Action: Chart |
Summary: Bharat Wire Ropes Share Price Prediction For 2025
In summary, Bharat Wire Ropes has declined by ₹-90.69, recording a notable -29.35% decrease from 1st January 2024 to 22 Nov 2024. Despite the setback, our analysis of Bharat Wire Ropes for 2025 predicts an additional rise of 54.76% to 59.28% by the end of 2025 with three potential targets T1: 339.79, T2: 343.19, T3: 349.71. Stop Loss at SL1: 189.58, SL2: 187.68, SL3: 184.30.
Bharat Wire Ropes has a All-Time high of ₹400.60, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹210.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Bharat Wire Ropes, we have created a specific page for that check here: Bharat Wire Ropes Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Bharat Wire Ropes Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Bharat Wire Ropes share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of -1.36% over the next 15 years.
For complete year by year Bharat Wire Ropes long term share price target from 2024, 2025 to 2039 check the below table.
Bharat Wire Ropes Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Bharat Wire Ropes Target | YoY Change % |
|---|---|---|
| 2024 | ₹219.55 | [Current Price] |
| 2024 | ₹240.21 | 9.41% |
| 2025 | ₹235.33 | -2.04% |
| 2026 | ₹229.01 | -2.69% |
| 2027 | ₹201.47 | -12.03% |
| 2028 | ₹202.09 | 0.3% |
| 2029 | ₹184.26 | -8.83% |
| 2030 | ₹177.84 | -3.49% |
| 2031 | ₹170.19 | -4.31% |
| 2032 | ₹146.91 | -13.68% |
| 2033 | ₹144.24 | -1.83% |
| 2034 | ₹218.3 | 51.34% |
| 2035 | ₹221.22 | 1.33% |
| 2036 | ₹223.17 | 0.88% |
| 2037 | ₹204.03 | -8.58% |
| 2038 | ₹213.26 | 4.52% |
| 2039 | ₹198.23 | -7.05% |
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Bharat Wire Ropes Past Performance
- In 2016, Bharat Wire Ropes opening price was ₹41.5
- As of Fri 22 Nov 2024 the price stands at ₹219.55.
- This represents a Compound Annual Growth Rate (CAGR) of 20.33%.
- In 8 years, an investment of 10,000 would have become ₹52,903.61.
As we wrap up, we hope you like our study on Bharat Wire Ropes share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
