Support and Resistance Levels
Past performance
About Bharat Wire Ropes Ltd Bharat Wire Ropes Limited, originally incorporated as Bharat Ropes Private Limited in 1986, is a prominent Indian manufacturer of wire, wire ropes, stranded wires, and slings. With a substantial global presence, the company exports to over 30 countries, including the USA, Australia, and Singapore. The firm boasts a diverse product range, catering to various sectors such as fishing, mining, and oil & gas. Bharat Wire Ropes operates a major manufacturing facility in Atgaon with a 12,000 MTPA capacity and a Pyrolysis Plant in Chalisgaon producing fuel oil for its processes.
Following a change in management in 2010, the company expanded its operations, raising substantial capital through a public issue in 2016 and embarking on a significant facility expansion in Chalisgaon. In 2022-23, Bharat Wire Ropes acquired a 26.72% stake in MITCON Solar Alliance Limited, broadening its strategic interests. As an ISO 9001:2008 certified entity, it continues to enhance its production capabilities and market reach.