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Precision Wires to purchase land near existing factory

10 Sep 2018 Evaluate

Precision Wires India has received an approval to purchase 4,609 sq. meters of freehold land with existing vacant factory building with 3,601 sq. meters thereon situated nearby its factory area in Silvassa, at a total cost of Rs 701 lakh. The Board of Directors of the company at their meeting held on September 8, 2018, approved the same.

Precision Wires India is the largest manufacturer of Enamelled Copper Winding Wires in India.

Peers
Company Name CMP
Polycab India 8195.00
KEI Industries 4518.35
RR Kabel Ltd. 2460.70
Finolex Cables 1408.75
Precision Wire India 480.65
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