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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2016-03-17||Bharat Wire Ropes Ltd.||Ashika Research||IPO Avoid|
Bharat Wire Ropes Ltd (BWR) is a wire rope and wires manufacturing company. The company engaged in manufacturing and sales of wire ropes, structural strands, slings and wires finds its application in general engineering, fishing, elevators, cranes, material handling, power transmission, suspension bridges, onshore / offshore oil exploration, ports and shipping, mining, defence, railways etc. BWR is also engaged in the business of trading of the steel related products. BWR's existing steel wire ropes manufacturing facility with an installed capacity of 12,000 MTPA is located at Atgaon, and a Pyrolysis plant with an installed capacity of 1,260 MTPA at Chalisgaon, Maharashtra for production of oil, which is used as fuel in its current manufacturing process. The company is now planning enhancement in the manufacturing...