Precision Wires India Ltd
Precision Wires India Ltd (PRECWIRE)

Precision Wires India Ltd (PRECWIRE)

₹85.51.12%

Key Stats

₹84.3
Day's Price Range
₹87
₹45.1
52-Week Price Range
₹130.95
1 Month Return-5.54 %
3 Month Return31.8 %
1 Year Return83.36 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 241
130.47
EPS
Rank 238
₹0.64
BVPS
Rank 267
₹16.83
Dividend Yield
Rank 10
4.47%
ROE
Rank 123
18.51%
Price To Book Ratio
Rank 194
5.02
Debt To Asset
Rank 168
0.45

Company Information

Incorporated in the year 1989 and Promoted by Atlas Wires Precision Wires India manufactures Winding Wires of Enamelled Copper. The Company remains as a market LeaderThe Company set up a plant to manufacture enamelled copper winding wires which was funded by way of a public issue in Mar.92.Commerical production commenced in Dec.92. Enamelled copper winding wires are used in transformers and motors in a number of electrical devices like fans television sets audio equipment refrigeration and airconditioners machine tools irrigation industrial pumps etc. The wires are produced to specifications conforming to ISS BSS DIN NEMA and JIS.In 19992000 the directors of the company have decided to amalgamate Atlas Wires with the company. The amalgamation was approved with effect from 1st April 2000. The first phase of modernisation cum expansion project inititated at PWIL in late 1999 has been implemented within projected cost. Silvassa Unit commenced its first phase of modernisation programme.As a result of Expansion Modernisation Diversification at Silvassa Units new units Unit III is being set up.During the 200405 the Company has increased its installed capacity of Enamelled Round Copper Winding Wires Rectangular Strips Covered /nonconvered by 700 MT. With this expansion the total installed capacity of Enamelled Round Copper Winding Wires Rectangular Strips Covered /nonconvered has increased upto 15950 MT.
OrganisationPrecision Wires India Ltd
HeadquartersMumbai
IndustryNon Ferrous Metals