BANSALWIRE

Bansal Wire Industries Share Price

₹441.90 -1.35 (-0.3%)

21 Dec, 2024 11:13

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Performance

  • Low
  • ₹439
  • High
  • ₹460
  • 52 Week Low
  • ₹325
  • 52 Week High
  • ₹504
  • Open Price₹448
  • Previous Close₹443
  • Volume119,002

Investment Returns

  • Over 1 Month + 6.88%
  • Over 3 Month + 3.32%
  • Over 6 Month + 72.62%
  • Over 1 Year + 72.62%
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Bansal Wire Industries Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 64.1
  • PEG Ratio
  • -
  • Market Cap Cr
  • 6,918
  • P/B Ratio
  • 15
  • Average True Range
  • 18
  • EPS
  • 6.9
  • Dividend Yield
  • 0
  • MACD Signal
  • 10.93
  • RSI
  • 46.5
  • MFI
  • 61.01

Bansal Wire Industries Financials

Bansal Wire Industries Technicals

EMA & SMA

Current Price
₹441.90
-1.35 (-0.3%)
pointer
  • stock-down_img
  • Bullish Moving Average 4
  • stock-up_img
  • Bearish Moving Average 9
  • 20 Day
  • ₹452.54
  • 50 Day
  • ₹436.40
  • 100 Day
  • ₹415.06
  • 200 Day
  • -

Resistance and Support

446.98 Pivot Speed
  • R3 474.97
  • R2 467.33
  • R1 454.62
  • S1 434.27
  • S2 426.63
  • S3 413.92

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Bansal Wire Industries Ltd. is a leading manufacturer of stainless steel wires, bright bars, and welded mesh in India. Serving automotive, construction, and industrial sectors, it offers high-quality products known for strength, durability, and precision.

Bansal Wire Industries Ltd has an operating revenue of Rs. 2,957.04 Cr. on a trailing 12-month basis. An annual revenue growth of 2% is not great, Pre-tax margin of 4% needs improvement, ROE of 18% is exceptional. The company has a debt to equity of 72%, which is bit higher. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 8% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -5% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 59 which is a POOR score indicating inconsistency in earnings, a RS Rating of 59 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 113 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Bansal Wire Industries Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-11 Quarterly Results
2024-07-31 Quarterly Results

Bansal Wire Industries F&O

Bansal Wire Industries Shareholding Pattern

77.99%
10.7%
0.42%
2.91%
0%
3.48%
4.5%

About Bansal Wire Industries

  • NSE Symbol
  • BANSALWIRE
  • BSE Symbol
  • 544209
  • Managing Director & CEO
  • Mr. Pranav Bansal
  • ISIN
  • INE0B9K01025

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Bansal Wire Industries FAQs

Bansal Wire Industries share price is ₹441 As on 21 December, 2024 | 10:59

The Market Cap of Bansal Wire Industries is ₹6918.2 Cr As on 21 December, 2024 | 10:59

The P/E ratio of Bansal Wire Industries is 64.1 As on 21 December, 2024 | 10:59

The PB ratio of Bansal Wire Industries is 15 As on 21 December, 2024 | 10:59

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Q2FY23