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Plaza Wires Ltd (PLAZACABLE)

₹84.631.65%

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Overview
News
Financials
Technicals

Performance

  • Day's Low

    Day's High

    ₹84.1
    ₹86.45
  • 52 Week's Low

    52 Week's High

    ₹74.9
    ₹173.5
1 Month Return-6 %
3 Month Return-11.15 %
1 Year Return+ 5.52 %
Previous Close₹86.05
Open₹86.45
Volume76.93K
Upper Circuit-
Lower Circuit-
Market Cap₹376.49Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹376.49 Cr
P/B Ratio0
EPS0

Company Information

Plaza Wires Limited was originally incorporated as Navratna Wires Private Limited on August 23 2006 by the RoC Delhi and Haryana. The Company converted to Plaza General Cable Wire Private Limited on October 26 2007. Pursuant to a Special Resolution passed by Shareholders of Company again name of the Company was changed to Plaza Wires Private Limited on February 06 2009. Thereafter Company converted into a Public Company and its name changed to Plaza Wires Limited vide a fresh Certificate of Incorporation on March 10 2022. The Company is into manufacturing and selling of electrical wires and selling and marketing of LT aluminium cables and fast moving electrical goods FMEG. The existing manufacturing unit is located at Baddi Himachal Pradesh. The business model include dealer distribution network to sell and promote products including sales through CF agents. It select distributors based on their sales network market reputation and financial strength including sales securing tenders for supply of government projects and direct sales to infrastructure projects. The distribution network comprised over 1108 authorized dealers and distributors 4 branch offices in Uttarakhand Rajasthan Kerala and Uttar Pradesh 3 warehouses in Uttar Pradesh Assam and Delhi and CF agents in Punjab Kerala and Maharashtra. At present Company has product mix comprising i Wires and Cables ii FMEG products such as electric fans water heaters Switch and switch gears PVC insulated tape and PVC conduit pipe accessories. Key wires and cables products include building wires also known as house wires flexible cables and flexible/single multi core cables and submersible cables flexible control cables LT power control cable TV dish antenna coaxial cables telephone switch board industrial cable computer LAN networking cable close circuit television cables and solar cables. The Company got into marketing and sales of Aluminium Cables through manufacturers under home brand Plaza Cables in 2009. It purchased assets from Sonia Gupta then partner of Plaza Electrical Industries. In 2011 it got into marketing of PVC Conduit Pipes and Accessories and PVC Insulated Tapes for the retail market under home brand PCG. Later on Company expanded operations by getting into Southern India market with Kerala Tamil Nadu and Karnataka in 2016. It launched FMEG products such as electric fans and water heaters. It launched 3D Wires having triple layer bunching and triple coating of PVC in 2017. It started marketing and sales of ceiling fans ventilation fans TPW fans exhaust fans and farrata fans under home brand Plaza Cables in 2018. In 2021 it launched a line of house wire under brand Action Wires for product at an economical price. It launched miniature circuit breakers and distribution board DB in north and south India region.The Company is planning to come out with an initial public offer consisting of 16452000 Equity Shares..

Share Price: ₹84.63 per share as on 19 Jul, 2024 04:01 PM
Market Capitalisation: ₹376.49Cr as of today
Listing date: 12 Oct, 2023
Chairperson Name: Sanjay Gupta
OrganisationPlaza Wires Ltd
Headquarters
IndustryCables
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Key events for Plaza Wires Ltd

  • Plaza Wires Ltd's P/S ratio looks attractive, but limited growth may hinder stock price - 05 Jun, 2024

    Plaza Wires Ltd's P/S ratio of 1.7x is lower than the industry average, but recent limited growth rates may be hindering the stock price. The company achieved a decent 9.5% gain in revenue over the last year and has seen a 38% increase in aggregate from three years ago. However, investors may be expecting to see continued limited growth rates in the future.

Insights on Plaza Wires Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 11.45% to 25.85% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, PLAZACABLE stock has moved up by 5.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 69.83% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 8.30% to 2.20% in Dec 2023 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹112.59Cr
↑7.60%
Total Liabilities
₹59.51Cr
↑0.64%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹8.60Cr
↓22.10%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
69.83%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
30.17%
0.00
Others
0%
0.00

Key Indicators

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Plaza Wires Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Plaza Wires Ltd (PLAZACABLE) share price today is ₹84.63

Plaza Wires Ltd is listed on NSE

Plaza Wires Ltd is listed on BSE

  • Today’s highest price of Plaza Wires Ltd is ₹86.45.
  • Today’s lowest price of Plaza Wires Ltd is ₹84.1.

Today’s traded volume of Plaza Wires Ltd(PLAZACABLE) is 76.93K.

Today’s market capitalisation of Plaza Wires Ltd(PLAZACABLE) is ₹376.49Cr.

Plaza Wires Ltd(PLAZACABLEPrice
52 Week High
₹173.5
52 Week Low
₹74.9

Plaza Wires Ltd(PLAZACABLE) share price is ₹84.63. It is down -51.22% from its 52 Week High price of ₹173.5

Plaza Wires Ltd(PLAZACABLE) share price is ₹84.63. It is up 12.99% from its 52 Week Low price of ₹74.9

Plaza Wires Ltd(PLAZACABLEReturns
1 Day Returns
-1.42%
1 Month Returns
-6%
3 Month Returns
-11.15%
1 Year Returns
5.52%