Bedmutha Industries Limited (BEDMUTHA.BO)
Bedmutha Industries Limited operates in the Steel industry of the Basic Materials sector, headquartered in Nashik, MA, IN. The stock last traded at $113.00, down 3.09% on the session, giving a market capitalisation of $3.64B. Its beta of 0.05 implies it has historically moved less than the broad market.
Established in 1990 and headquartered in Mumbai, India, Bedmutha Industries Limited, which rebranded from Bedmutha Wire Company Limited in November 2009, is a diversified manufacturer and supplier of steel wire and related products. The company's operations are divided into several key areas: Steel, Copper, Consultancy, Windmill power generation, and Engineering, Procurement, and Construction (EPC) Projects. Bedmutha offers a comprehensive range of steel wires tailored for various industries. For retail, this includes galvanized steel, mild steel, barbed, stitching, and staple wires, alongside chain link fencing and wire nails. The automotive sector utilizes its spring steel, messenger, high carbon rope, cold heading quality, bead, and patented galvanized and black wires. For power applications, the company supplies earth, stay, barbed, and 19-strand guy wires, flat wire cable armors, ACSR core wires (both single and stranded), and distribution boxes. Infrastructure projects benefit from its H.T./P.C. wires, P.C. strands, and annealed/binding wires. Beyond steel, Bedmutha also produces a variety of copper products, such as rods, wire rods, rectangular strips, bus bars, foils, and custom sections, profiles, and components. Wire ropes are another significant offering. In addition to manufacturing, the company generates electricity through its wind power facilities, provides consultancy services, and undertakes EPC projects. Bedmutha Industries has a global reach, exporting its products to numerous international markets, including countries across Europe, South Korea, Australia, the United States, Africa, Asia, and the Middle Eastern GCC region.
Bedmutha Industries Limited is most often compared with the following Basic Materials names: