Bansal Wire Industries Shows Trend Reversal Amid Broader Market Decline
Bansal Wire Industries experienced a significant uptick on July 24, 2025, reversing a three-day decline. The stock reached an intraday high and demonstrated high volatility. It is currently trading above multiple moving averages, outperforming the sector despite a year-to-date decline compared to the broader market's modest gains.
Bansal Wire Industries, a midcap player in the Iron & Steel Products sector, has shown notable activity today, gaining 5.23% on July 24, 2025. This performance marks a trend reversal for the stock, which had experienced three consecutive days of decline prior to today’s uptick. The stock reached an intraday high of Rs 417.8, reflecting a 5.99% increase at its peak.In terms of volatility, Bansal Wire Industries exhibited high fluctuations with an intraday volatility of 5.79%, calculated from the weighted average price. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive short-term trend.
In the broader market context, the Sensex opened flat but fell by 596.07 points to close at 82,183.88, down 0.66%. Despite this, Bansal Wire Industries outperformed the sector by 4.74% today. Over the past month, the stock has gained 5.85%, contrasting with the Sensex's modest increase of 0.16%. However, year-to-date performance shows a decline of 10.87% for Bansal Wire Industries, compared to a 5.18% rise in the Sensex.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
