Stock Performance and Market Context
On 26 Feb 2026, Precision Wires India Ltd (Stock ID: 711837) touched an intraday high of Rs.312.05, representing a 3.38% increase on the day and outperforming its sector by 3.1%. This new peak surpasses the previous 52-week high, underscoring the stock’s robust upward trajectory over the past year. The stock’s current price is well above its 52-week low of Rs.118.35, highlighting a remarkable appreciation of 163.7% from the low point.
The broader market environment has been supportive, with the Sensex opening 142.71 points higher and trading at 82,443.84, up 0.2%. Although the Sensex remains 4.51% below its own 52-week high of 86,159.02, mega-cap stocks are leading gains, providing a positive backdrop for industrial product stocks like Precision Wires India Ltd.
Notably, Precision Wires India Ltd is trading above all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — signalling sustained bullish momentum and technical strength.
Strong Long-Term Growth Metrics
The company’s performance over the last year has been exceptional, with a total return of 124.67%, significantly outpacing the Sensex’s 10.54% gain during the same period. This outperformance is supported by solid fundamentals. Net sales have grown at an annual rate of 26.84%, while operating profit has expanded by 34.83%. The company’s net profit growth is particularly impressive, rising by 98.94% in the most recent quarter, reflecting operational efficiency and effective cost management.
Quarterly figures reinforce this positive trend, with net sales reaching a record Rs.1,347.61 crore and PBDIT hitting Rs.75.45 crore, the highest recorded to date. The operating profit to interest ratio stands at a robust 4.70 times, indicating strong coverage of interest expenses and financial stability.
Strong fundamentals, solid momentum, fair price – This Large Cap from the NBFC sector checks every box for our Top 1%. This should definitely be on your radar!
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- - Technical momentum confirmed
- - Reasonable valuation entry
Financial Health and Institutional Interest
Precision Wires India Ltd maintains a very low average debt-to-equity ratio of 0.01 times, reflecting a conservative capital structure and limited reliance on external borrowings. This financial prudence supports the company’s ability to sustain growth and absorb market fluctuations.
Institutional investors have increased their stake by 0.62% over the previous quarter, now collectively holding 1.38% of the company’s shares. This growing institutional participation suggests confidence in the company’s fundamentals and long-term prospects.
Valuation and Profitability Metrics
The company’s return on equity (ROE) stands at 19.7%, indicating efficient utilisation of shareholder capital. However, the stock trades at a premium valuation with a price-to-book (P/B) ratio of 8.4, which is higher than the average historical valuations of its peers. Despite this, the price-to-earnings-to-growth (PEG) ratio of 0.8 suggests that the stock’s price growth is reasonably aligned with its earnings growth, providing a balanced perspective on valuation.
Profit growth over the past year has been 57.8%, which, while substantial, is outpaced by the stock’s price appreciation, reflecting strong market enthusiasm and momentum.
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Mojo Score and Rating Upgrade
Precision Wires India Ltd holds a Mojo Score of 70.0, reflecting strong overall quality and momentum. The company’s Mojo Grade was upgraded from Hold to Buy on 2 Jul 2025, signalling improved confidence in its performance and outlook. The market capitalisation grade is rated at 3, indicating a mid-tier market cap within its sector.
The stock’s day change of 2.90% on the latest trading session further emphasises its positive momentum and investor interest.
Comparative Market Performance
Over the last three years, Precision Wires India Ltd has consistently outperformed the BSE500 index, demonstrating sustained market-beating returns. Its 124.67% return in the past year dwarfs the Sensex’s 10.54% gain, highlighting the company’s strong growth trajectory within the industrial products sector.
While the Sensex currently trades below its 50-day moving average, the 50-day average remains above the 200-day average, indicating a generally positive medium-term market trend. Precision Wires India Ltd’s position above all major moving averages further confirms its leadership in price momentum.
Summary of Key Metrics
To summarise, Precision Wires India Ltd’s new 52-week high of Rs.312.05 is supported by:
- Robust net sales growth at 26.84% annually
- Operating profit growth of 34.83%
- Net profit increase of 98.94% in the latest quarter
- Strong financial health with a debt-to-equity ratio of 0.01
- Institutional investor stake rising to 1.38%
- Mojo Score of 70.0 and upgraded Mojo Grade to Buy
- Outperformance of Sensex and BSE500 indices over multiple time frames
This combination of strong fundamentals, technical momentum, and market leadership has propelled the stock to its current peak, marking a significant milestone in its trading history.
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