Precision Wires India climbs on starting some trial production of Copper Cathodes at Gujarat Plant
Precision Wires India is currently trading at Rs. 450.15, up by 9.95 points or 2.26% from its previous closing of Rs. 440.20 on the BSE.
The scrip opened at Rs. 438.65 and has touched a high and low of Rs. 452.55 and Rs. 436.20 respectively. So far 19448 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 524.00 on 31-Aug-2026 and a 52 week low of Rs. 178.60 on 23-Sep-2025.
Last one week high and low of the scrip stood at Rs. 469.20 and Rs. 420.15 respectively. The current market cap of the company is Rs. 8154.08 crore.
The promoters holding in the company stood at 56.62%, while Institutions and Non-Institutions held 2.62% and 40.77% respectively.
Precision Wires India has commenced some trial production of Copper Cathodes at its Copper Refining/Recycling Plant located at Zaroli, Gujarat. Trials of some of the important equipment are still underway. The commercial production is expected to start shortly in Q3 FY 2026-27 subject to receipt of all the final regulatory approvals, Sanctions and permissions.
