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Precision Wires India rises on receiving factory license for Gujarat unit

13 Jul 2026 Evaluate

Precision Wires India is currently trading at Rs. 389.10, up by 3.30 points or 0.86% from its previous closing of Rs. 385.80 on the BSE.

The scrip opened at Rs. 382.85 and has touched a high and low of Rs. 392.35 and Rs. 372.00 respectively. So far 9822 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 467.10 on 25-May-2026 and a 52 week low of Rs. 166.90 on 06-Aug-2025.

Last one week high and low of the scrip stood at Rs. 404.35 and Rs. 370.00 respectively. The current market cap of the company is Rs. 7113.00 crore.

The promoters holding in the company stood at 56.62%, while Institutions and Non-Institutions held 1.76% and 41.63% respectively.

Precision Wires India has received Factory License on July 9, 2026, from the Director of Industrial Safety and Health, Gujarat, for the unit situated at Village Zaroli, Taluka: Umbergaon, District: Valsad, Gujarat.  The consent to operate granted for approval/license is for a period up to December 31, 2026. Consent enables the Company to start Project Activities.

Precision Wires India (PWIL) is the largest manufacturer of Enamelled Copper Winding Wires in India. Its products include Round wire, Rectangular wire, Continuously Transposed Cables and Paper Insulated Copper Conductors.

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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