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2025-04-11 12:17:32 pm | Source: Accord Fintech
Bansal Wire Industries surges on inaugurating steel wire manufacturing facility in Dadri
Bansal Wire Industries surges on inaugurating steel wire manufacturing facility in Dadri

Bansal Wire Industries is currently trading at Rs. 349.30, up by 10.30 points or 3.04% from its previous closing of Rs. 339.00 on the BSE.

The scrip opened at Rs. 346.75 and has touched a high and low of Rs. 350.00 and Rs. 346.05 respectively. So far 1474 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 502.20 on 09-Dec-2024 and a 52 week low of Rs. 323.15 on 03-Mar-2025.

Last one week high and low of the scrip stood at Rs. 375.00 and Rs. 324.00 respectively. The current market cap of the company is Rs. 5468.50 crore.

The promoters holding in the company stood at 77.99%, while Institutions and Non-Institutions held 18.38% and 3.62% respectively.

Bansal Wire Industries has inaugurated steel wire manufacturing facility in Dadri. With a current production capacity of 3.6 lakh MTPA, the facility is poised to scale up to 4.2 lakh MTPA by H1 FY26. The company’s total infrastructure is capable of supporting up to 6 lakh MTPA. The plant positions the company at the forefront of the steel wire industry. 

Strategically designed to serve high-growth sectors such as automotive, agriculture, power & transmission, construction, and general engineering, the Dadri plant blends industrial scale with environmental stewardship. The facility features solar power generation, rainwater harvesting, energy-efficient machinery, and an acid-free wire cleaning process. An on-site Effluent Treatment Plant (ETP) and extensive landscaping reinforce its green footprint. 

The facility will soon commence manufacturing a wider range of premium and industrial grade wires, including induction tempered wire, oil tempered wire, low relaxation pre-stressed concrete (LRPC) wire and tyre cord wire.

Bansal Wire Industries manufactures high and low carbon steel wires/ galvanized wire / cable armoring wires and strips / stainless steel wires / profile, shaped wires, speciality wires and so on which have multiple application.

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