Why is Prec. Wires (I) falling/rising?

Sep 12 2025 09:50 PM IST
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As of 12-Sep, Precision Wires India Ltd is priced at 183.50, down 0.24%, but has shown strong performance with returns of 4.32% over the past week and 7.37% over the month. The stock is trading above key moving averages and has a low debt-to-equity ratio, indicating long-term growth potential despite a slight underperformance today compared to its sector.
As of 12-Sep, Precision Wires India Ltd is currently priced at 183.50, reflecting a decrease of 0.45, or 0.24%. Despite this slight decline, the stock has shown positive performance over the past week and month, with returns of 4.32% and 7.37%, respectively. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally upward trend in the longer term. Additionally, the company has a low debt-to-equity ratio and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 27.28% and operating profit at 32.73%. However, it underperformed its sector today by 4.49%, which may have contributed to the current price decline.

In the broader market context, the Sensex has gained 1.48% over the past week, while Precision Wires has outperformed the benchmark with a return of 4.32%. This suggests that while the stock is experiencing a minor setback today, it has been performing well relative to the market recently. The overall positive sentiment in the non-ferrous metal sector, which has gained 4.28%, may also provide a supportive backdrop for the stock's future performance. Rising investor participation, evidenced by a 19.38% increase in delivery volume, further indicates ongoing interest in the stock, despite today's price movement.
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