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Precision Wires India NSEI:PRECWIRE Stock Report

Last Price

₹123.40

Market Cap

₹22.0b

7D

-4.6%

1Y

68.8%

Updated

16 Apr, 2024

Data

Company Financials

Precision Wires India Limited

NSEI:PRECWIRE Stock Report

Market Cap: ₹22.0b

PRECWIRE Stock Overview

Precision Wires India Limited manufactures and sells insulated enameled wires and other insulated electric conductors in India and internationally.

PRECWIRE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends4/6

Precision Wires India Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Precision Wires India
Historical stock prices
Current Share Price₹123.40
52 Week High₹155.50
52 Week Low₹71.15
Beta1.02
1 Month Change1.11%
3 Month Change-2.06%
1 Year Change68.81%
3 Year Change414.74%
5 Year Change342.08%
Change since IPO3,466.48%

Recent News & Updates

Precision Wires India (NSE:PRECWIRE) Will Pay A Dividend Of ₹0.30

Feb 12
Precision Wires India (NSE:PRECWIRE) Will Pay A Dividend Of ₹0.30

Recent updates

Precision Wires India (NSE:PRECWIRE) Will Pay A Dividend Of ₹0.30

Feb 12
Precision Wires India (NSE:PRECWIRE) Will Pay A Dividend Of ₹0.30

Precision Wires India Limited's (NSE:PRECWIRE) P/E Is Still On The Mark Following 27% Share Price Bounce

Feb 02
Precision Wires India Limited's (NSE:PRECWIRE) P/E Is Still On The Mark Following 27% Share Price Bounce

Precision Wires India's (NSE:PRECWIRE) Dividend Will Be Reduced To ₹0.36

Aug 27
Precision Wires India's (NSE:PRECWIRE) Dividend Will Be Reduced To ₹0.36

Precision Wires India (NSE:PRECWIRE) Is Reducing Its Dividend To ₹0.36

Aug 13
Precision Wires India (NSE:PRECWIRE) Is Reducing Its Dividend To ₹0.36

Returns On Capital At Precision Wires India (NSE:PRECWIRE) Paint A Concerning Picture

Jun 05
Returns On Capital At Precision Wires India (NSE:PRECWIRE) Paint A Concerning Picture

Precision Wires India (NSE:PRECWIRE) Has Affirmed Its Dividend Of ₹0.80

Aug 22
Precision Wires India (NSE:PRECWIRE) Has Affirmed Its Dividend Of ₹0.80

Precision Wires India (NSE:PRECWIRE) Has Affirmed Its Dividend Of ₹0.50

Aug 08
Precision Wires India (NSE:PRECWIRE) Has Affirmed Its Dividend Of ₹0.50

Here's Why I Think Precision Wires India (NSE:PRECWIRE) Is An Interesting Stock

Apr 06
Here's Why I Think Precision Wires India (NSE:PRECWIRE) Is An Interesting Stock

Precision Wires India (NSE:PRECWIRE) Is Achieving High Returns On Its Capital

Jan 13
Precision Wires India (NSE:PRECWIRE) Is Achieving High Returns On Its Capital

Precision Wires India's (NSE:PRECWIRE) Dividend Will Be Increased To ₹1.75

Nov 05
Precision Wires India's (NSE:PRECWIRE) Dividend Will Be Increased To ₹1.75

Shareholders May Not Be So Generous With Precision Wires India Limited's (NSE:PRECWIRE) CEO Compensation And Here's Why

Aug 25
Shareholders May Not Be So Generous With Precision Wires India Limited's (NSE:PRECWIRE) CEO Compensation And Here's Why

Precision Wires India (NSE:PRECWIRE) Hasn't Managed To Accelerate Its Returns

Jun 07
Precision Wires India (NSE:PRECWIRE) Hasn't Managed To Accelerate Its Returns

Precision Wires India (NSE:PRECWIRE) Seems To Use Debt Quite Sensibly

Mar 11
Precision Wires India (NSE:PRECWIRE) Seems To Use Debt Quite Sensibly

Be Sure To Check Out Precision Wires India Ltd. (NSE:PRECWIRE) Before It Goes Ex-Dividend

Feb 18
Be Sure To Check Out Precision Wires India Ltd. (NSE:PRECWIRE) Before It Goes Ex-Dividend

Our Take On The Returns On Capital At Precision Wires India (NSE:PRECWIRE)

Feb 09
Our Take On The Returns On Capital At Precision Wires India (NSE:PRECWIRE)

Do Its Financials Have Any Role To Play In Driving Precision Wires India Ltd.'s (NSE:PRECWIRE) Stock Up Recently?

Jan 27
Do Its Financials Have Any Role To Play In Driving Precision Wires India Ltd.'s (NSE:PRECWIRE) Stock Up Recently?

Need To Know: Precision Wires India Ltd. (NSE:PRECWIRE) Insiders Have Been Buying Shares

Jan 12
Need To Know: Precision Wires India Ltd. (NSE:PRECWIRE) Insiders Have Been Buying Shares

How Should Investors React To Precision Wires India's (NSE:PRECWIRE) CEO Pay?

Dec 30
How Should Investors React To Precision Wires India's (NSE:PRECWIRE) CEO Pay?

Did You Participate In Any Of Precision Wires India's (NSE:PRECWIRE) Fantastic 115% Return ?

Dec 15
Did You Participate In Any Of Precision Wires India's (NSE:PRECWIRE) Fantastic 115% Return ?

Here's Why Precision Wires India (NSE:PRECWIRE) Can Manage Its Debt Responsibly

Dec 02
Here's Why Precision Wires India (NSE:PRECWIRE) Can Manage Its Debt Responsibly

Precision Wires India (NSE:PRECWIRE) Could Be A Buy For Its Upcoming Dividend

Nov 18
Precision Wires India (NSE:PRECWIRE) Could Be A Buy For Its Upcoming Dividend

Does Precision Wires India's (NSE:PRECWIRE) Statutory Profit Adequately Reflect Its Underlying Profit?

Nov 17
Does Precision Wires India's (NSE:PRECWIRE) Statutory Profit Adequately Reflect Its Underlying Profit?

The Trends At Precision Wires India (NSE:PRECWIRE) That You Should Know About

Nov 02
The Trends At Precision Wires India (NSE:PRECWIRE) That You Should Know About

Estimating The Intrinsic Value Of Precision Wires India Ltd. (NSE:PRECWIRE)

Oct 15
Estimating The Intrinsic Value Of Precision Wires India Ltd. (NSE:PRECWIRE)

Precision Wires India Ltd. (NSE:PRECWIRE) Insiders Increased Their Holdings

Sep 28
Precision Wires India Ltd. (NSE:PRECWIRE) Insiders Increased Their Holdings

How Does Precision Wires India's (NSE:PRECWIRE) CEO Salary Compare to Peers?

Sep 11
How Does Precision Wires India's (NSE:PRECWIRE) CEO Salary Compare to Peers?

Investors Don't See Light At End Of Precision Wires India Ltd.'s (NSE:PRECWIRE) Tunnel

Aug 26
Investors Don't See Light At End Of Precision Wires India Ltd.'s (NSE:PRECWIRE) Tunnel

Shareholder Returns

PRECWIREIN ElectricalIN Market
7D-4.6%-1.5%-1.7%
1Y68.8%109.3%45.0%

Return vs Industry: PRECWIRE underperformed the Indian Electrical industry which returned 109.3% over the past year.

Return vs Market: PRECWIRE exceeded the Indian Market which returned 45% over the past year.

Price Volatility

Is PRECWIRE's price volatile compared to industry and market?
PRECWIRE volatility
PRECWIRE Average Weekly Movement7.9%
Electrical Industry Average Movement7.5%
Market Average Movement6.8%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: PRECWIRE has not had significant price volatility in the past 3 months.

Volatility Over Time: PRECWIRE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989648Mahendra Mehtaprecisionwires.com

Precision Wires India Limited manufactures and sells insulated enameled wires and other insulated electric conductors in India and internationally. It offers enameled round winding wires for use in electrical machines, such as motors, generators, transformers, household appliances, auto-electricals, electrical hand tools, refrigeration motors, fans, switchgears, coils and relays, ballasts, and other applications; enameled rectangular copper wires for use in low and medium voltage electrical machines comprising motors, generators, and transformers; and continuously transposed conductors for use in power, furnace, and traction locomotive transformers, as well as in chokes and inductance coils. The company also provides paper, Nomex, and mica tape insulated rectangular copper conductors, as well as special conductors for various applications in oil filled power and distribution transformers, dry type transformers, high tension motors/generators, and traction equipment.

Precision Wires India Limited Fundamentals Summary

How do Precision Wires India's earnings and revenue compare to its market cap?
PRECWIRE fundamental statistics
Market cap₹22.05b
Earnings (TTM)₹638.04m
Revenue (TTM)₹32.16b

34.6x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRECWIRE income statement (TTM)
Revenue₹32.16b
Cost of Revenue₹29.59b
Gross Profit₹2.57b
Other Expenses₹1.93b
Earnings₹638.04m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)3.57
Gross Margin7.99%
Net Profit Margin1.98%
Debt/Equity Ratio10.0%

How did PRECWIRE perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

27%

Payout Ratio
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