Stock Performance Overview
On 20 Jan 2026, Bansal Wire Industries Ltd’s share price fell by 5.10% to close at Rs 289, marking an intraday low of Rs 289 (-3.39%). This decline places the stock just 1.12% above its 52-week low of Rs 286, signalling a significant erosion of investor value over the past year. The stock has underperformed its sector, which itself declined by 2.66%, and the broader Sensex index, which fell by 1.36% on the same day.
The stock has been on a downward trajectory for two consecutive days, losing 5.05% over this period. Its performance over longer durations further highlights the severity of the decline: a 1-year return of -29.01% starkly contrasts with the Sensex’s positive 6.54% return over the same timeframe. Over three months, the stock has dropped 8.99%, while the Sensex gained 2.67%. Year-to-date, the stock is down 8.18%, compared to the Sensex’s 3.65% decline.
Technical Indicators and Moving Averages
Bansal Wire Industries Ltd is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates persistent downward momentum and a lack of short-term recovery signals. The stock’s underperformance relative to the sector and benchmark indices further emphasises the pressure it faces in the current market environment.
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Financial Metrics and Growth Trends
Despite the share price decline, Bansal Wire Industries Ltd’s financials present a mixed picture. The company has reported a net sales growth at an annual rate of 13.40% over the last five years, indicating moderate expansion in its revenue base. However, the growth has not translated into share price appreciation, reflecting market concerns over other aspects of the business.
Profitability has shown improvement, with profits rising by 89% over the past year. This increase in profits contrasts with the stock’s negative returns, suggesting that market sentiment is influenced by factors beyond immediate earnings growth.
Interest expenses have increased significantly, with the latest six-month figure at Rs 30.35 crores, growing at a rate of 20.15%. This rise in interest costs may be a factor weighing on investor confidence, despite the company maintaining a relatively low average debt-to-equity ratio of 0.44 times.
Valuation and Efficiency Indicators
Bansal Wire Industries Ltd’s return on capital employed (ROCE) stands at 12.7%, which is considered attractive within the iron and steel products sector. The enterprise value to capital employed ratio is 2.7, suggesting a valuation that may be reasonable relative to the company’s capital base. These metrics indicate that the company is utilising its capital efficiently, even as its share price remains under pressure.
Shareholding and Market Grade
The majority shareholding remains with the promoters, maintaining a stable ownership structure. The company’s Mojo Score is 42.0, with a current Mojo Grade of Sell, upgraded from a previous Strong Sell rating on 29 Dec 2025. The market capitalisation grade is 3, reflecting its standing within the small-cap segment of the iron and steel products sector.
Comparative Sector and Market Context
The iron and steel products sector has experienced a decline of 2.66%, with Bansal Wire Industries Ltd underperforming this trend. The broader market, represented by the Sensex, has shown more resilience, with a smaller decline of 1.36% on the day of the stock’s all-time low. Over longer periods, the Sensex has delivered positive returns, contrasting with the stock’s sustained negative performance.
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Long-Term Performance and Market Position
Over the past three and five years, Bansal Wire Industries Ltd has delivered no returns, standing at 0.00%, while the Sensex has appreciated by 35.45% and 64.91% respectively. Over a ten-year horizon, the Sensex’s gain of 241.24% further highlights the stock’s relative underperformance. This long-term stagnation in share price contrasts with the company’s moderate sales growth and profit improvement.
The stock’s underperformance relative to the BSE500 index over the last three years, one year, and three months further emphasises the challenges faced by the company in gaining market traction.
Summary of Current Situation
Bansal Wire Industries Ltd’s share price decline to an all-time low reflects a combination of factors including sustained negative returns, underperformance relative to sector and market benchmarks, and rising interest expenses. While the company maintains a low debt-to-equity ratio and shows attractive capital efficiency metrics, these have not translated into positive market sentiment. The stock’s position below all major moving averages and its recent downgrade from Strong Sell to Sell grade underline the cautious stance adopted by the market.
In the context of the iron and steel products sector’s own decline, Bansal Wire Industries Ltd’s share price movement highlights the pressures faced by smaller-cap companies within this space.
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