27 Oct 2025 | 5 Mins Read
Steel wire producer experiences surprise share price surge
Flipitmoney
Bharat Wire Ropes Ltd's stock is locked in a 20% upper circuit on October 27, its first 20% gain since February 2020. Lloyds Metals and Energy purchased unlisted Compulsorily Convertible Preference Shares from Union Bank and Central Bank, and Bharat Wire Ropes acquired some CCPS from a consortium of lenders, with stock trading at ₹206.74 and a market capitalization of over ₹1,400 crore.