Bansal Wire Industries Ltd
Bansal Wire Inds | 544209
Stock Performance
Ratios
About Company
- Bansal Wire Industries Limited was originally incorporated as a Private Limited Company under the name of 'Bansal Wire Industries Private Limited' on December 11, 1985, issued by the RoC
- Thereafter, the Company was converted into a Public Limited Company and the name was changed to 'Bansal Wire Industries Limited', and a fresh Certificate of incorporation upon conversion from a Private Limited to Public Limited was issued by the RoC on November 13, 1995
- Bansal Wire Industries is the largest stainless steel wire manufacturing company and the second largest steel wire manufacturing
- The Company 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
- Bansal Group started its business by wire trading business since 1938 and diversified into the manufacturing in 1985
- In 1991, the Company started production of cable wire, started production of stainless-steel wires during 1995; started production of galvanized wire during 2003, further embarked the journey by starting production of high carbon wires during 2007
- Later on, the Company launched d new products such as Spring Wires & Auto Cables of automotive industry during 2015 and was made the largest producer of stainless-steel wire products during the year 2018
- The Company thereafter, acquired 26% of the shareholding of Bansal Steel & Power Limited (BSPL), and further was allotted 18,842,733 Equity Shares, and as a result, BSPL became a Subsidiary of Company effective from December 7, 2023
- As of 31 March, 2023, the Company had a production of 72,176 MTPA and 206,466 MTPA, respectively
- The Company made an Initial Public Offer of 29,101,562 fresh issue equity shares of Rs 5/- each by raising capital aggregating to Rs 745 Crore in July, 2024
Technical Indicators
Pivot Points
Volume Analysis
Growth Rate
All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Bansal Wire Industries Ltd?
The current share price of Bansal Wire Industries Ltd (Bansal Wire Inds) is ₹311.75. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the P/E Ratio of Bansal Wire Industries Ltd?
The Price-to-Earnings (P/E) ratio of Bansal Wire Industries Ltd is 311.75. This indicates how much investors are willing to pay per rupee of earnings, helping assess if the stock is overvalued or undervalued.
What is the 52-week high and low of Bansal Wire Industries Ltd?
Bansal Wire Industries Ltd has a 52-week high of ₹503.95 and a 52-week low of ₹299.00. This range shows the stock's price volatility over the past year.
What is the Dividend Yield of Bansal Wire Industries Ltd?
Bansal Wire Industries Ltd offers a dividend yield of 0.00%. This represents the annual dividend payment as a percentage of the current stock price, indicating the income return for investors.
What is the EPS of Bansal Wire Industries Ltd?
The Earnings Per Share (EPS) of Bansal Wire Industries Ltd is ₹9.73. EPS indicates the company's profitability on a per-share basis and is a key metric for evaluating financial performance.
What is the ROE of Bansal Wire Industries Ltd?
Bansal Wire Industries Ltd has a Return on Equity (ROE) of 16.28%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
