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Bharat Wire Ropes Share Price Target From 2024, 2025 to 2039

Bharat Wire Ropes Limited

Company LogoSymbol: BHARATWIRE
Price: ₹273.54
Exchange: NSE
Basic Materials -> Steel
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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.


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Bharat Wire Ropes Financial Performance

MetricValueDescription
Market Capital1,846.32 CroreMarket valuation of Bharat Wire Ropes's shares.
Revenue (TTM)621.83 CroreTotal revenue generated by Bharat Wire Ropes over the past twelve months.
Net Income (TTM)+96.2 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin21.78%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin15.47%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-9.31%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+36%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
20.01Company's total debt divided by total shareholder equity.
Total Debt132.22 CroreSum of Bharat Wire Ropes's current & long-term financial obligations.
Total Cash8.31 CroreTotal amount of liquid funds available to Bharat Wire Ropes.
Beta1.3Beta 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' strong revenue growth and healthy profit margins make it an attractive buy for the long term. Despite facing a minor revenue decline in the latest quarter, the company's 73.64% returns over the past 12 months and impressive 677.85% growth over the past 3 years indicate its growth potential. With a low debt-to-equity ratio and cash balance, Bharat Wire Ropes has a strong financial position to support its continued growth.

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

Bharat Wire Ropes Targets For 2024 Chart

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.

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Bharat Wire Ropes Share Price Target Table For 2024

Bharat Wire Ropes's LevelsValueReason/Importance
2024 Target 3307.54 (+12.42%)Price Action: 29 Apr 2024 Low
2024 Target 2301.90 (+10.36%)Price Action: Dec 2023 High
2024 Target 1297.29 (+8.68%)Price Action: 24 May 2024 High
Current Price273.54Bharat Wire Ropes's 1 share price as of Fri 31 May 2024
Stop Loss 1261.89 (-4.26%)Price Action: 10 May 2024 High
Stop Loss 2258.00 (-5.69%)Price Action: 13 May 2024 Low
Stop Loss 3253.80 (-7.22%)Price Action: Dec 2023 Low

Summary: Bharat Wire Ropes Share Price Prediction For 2024

In summary, Bharat Wire Ropes has declined by ₹-35.46, recording a notable -11.48% decrease from 1st January 2024 to 31 May 2024. Despite the setback, our analysis of Bharat Wire Ropes for 2024 predicts an additional rise of 8.68% to 12.42% by the end of 2024 with three potential targets T1: 297.29, T2: 301.90, T3: 307.54. Stop Loss at SL1: 261.89, SL2: 258.00, SL3: 253.80.

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 ₹170.55, 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

Bharat Wire Ropes Targets For 2025 Chart

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.

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Bharat Wire Ropes Share Price Target Table For 2025

Bharat Wire Ropes's LevelsValueReason/Importance
2025 Target 3488.40 (+78.54%)Price Action: Chart
2025 Target 2479.29 (+75.21%)Price Action: Chart
2025 Target 1474.54 (+73.48%)Fibonacci Extension Level 123.6%
Current Price273.54Bharat Wire Ropes's 1 share price as of Fri 31 May 2024
Stop Loss 1224.02 (-18.11%)Price Action: Chart
Stop Loss 2221.78 (-18.93%)Price Action: Chart
Stop Loss 3217.79 (-20.39%)Price Action: Chart

Summary: Bharat Wire Ropes Share Price Prediction For 2025

In summary, Bharat Wire Ropes has declined by ₹-35.46, recording a notable -11.48% decrease from 1st January 2024 to 31 May 2024. Despite the setback, our analysis of Bharat Wire Ropes for 2025 predicts an additional rise of 73.48% to 78.54% by the end of 2025 with three potential targets T1: 474.54, T2: 479.29, T3: 488.40. Stop Loss at SL1: 224.02, SL2: 221.78, SL3: 217.79.

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 ₹170.55, 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 to 2039

Bharat Wire Ropes Targets Chart From 2024, 2025 to 2039

This chart presents a detailed projection of Bharat Wire Ropes share price predictions from 2024, 2025 to 2039. This share price Prediction represents a CAGR of 10.62% 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 to 2039

YearBharat Wire Ropes TargetYoY Change %
2024₹273.54[Current Price]
2024₹369.6135.12%
2025₹475.228.56%
2026₹568.8919.71%
2027₹584.612.76%
2028₹698.519.48%
2029₹756.318.27%
2030₹886.3617.19%
2031₹988.4911.52%
2032₹960.37-2.85%
2033₹1,096.3314.15%
2034₹1,143.024.25%
2035₹1,297.5113.51%
2036₹1,408.18.52%
2037₹1,336.13-5.12%
2038₹1,494.1711.82%
2039₹1,518.51.62%

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Bharat Wire Ropes Past Performance

BHARATWIRE main
Bharat Wire Ropes has been listed on NSE for more than 8 years.
  • In 2016, Bharat Wire Ropes opening price was ₹41.5
  • As of Fri 31 May 2024 the price stands at ₹273.54.
  • This represents a Compound Annual Growth Rate (CAGR) of 23.31%.
  • In 8 years, an investment of 10,000 would have become ₹65,913.25.

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.

For more insights into Bharat Wire Ropes Limited, explore these additional resources:-

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.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter