D P Wires

Market Cap: Micro Cap
Industry: Iron & Steel Products
ISIN: INE864X01013
NSEID: DPWIRES
BSEID: 543962

INR

195.79

-2.6 (-1.31%)

BSENSE

Dec 12

BSE+NSE Vol: 12.84 k

{
  "main_header": {
    "sid": 1002846,
    "name": "D P Wires",
    "stock_name": "D P Wires",
    "full_name": "D P Wires Ltd",
    "name_url": "stocks-analysis/d-p-wires",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "195.79",
    "chg": -2.6,
    "chgp": "-1.31%",
    "dir": -1,
    "prev_price": "198.39",
    "mcapval": "308.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 543962,
    "symbol": "DPWIRES",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE864X01013",
    "curr_date": "Dec 12",
    "curr_time": "",
    "bse_nse_vol": "12.84 k",
    "exc_status": "Active",
    "traded_date": "Dec 12, 2025",
    "traded_date_str": "2025 12 12",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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  "news": {
    "results": [
      {
        "title": "Why is D P Wires falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-d-p-wires-fallingrising-3752452",
        "imagepath": "",
        "date": "2025-12-09 01:09:33",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Extended Downtrend and Underperformance Against Benchmarks</strong></p>\n<p>Examining the stock’s performance over various time frames reveals a consistent pattern of weakness. Over the past week, D P Wires has declined by 6.94%, sharply contrasting with the Sensex’s modest fall of 0.63%. The divergence becomes more pronounced over longer periods: the stock has lost 14.62% in the last month while the Sensex gained 2.27%. Year-to-date, the stock’s losses deepen to 41.46%, whereas the Sensex has risen by 8.91%. Over the last year, D P Wires has plummeted nearly 50%, while the benchmark index recorded a 4.15% gain. This stark underperformance highlights the stock’s vulnerability amid broader market strength.</p>\n<p><strong>Technical Indicators Signal Continued Weakness</strong></p>\n<p>Technical ..."
      },
      {
        "title": "D P Wires Forms Death Cross, Signalling Potential Bearish Trend",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/d-p-wires-forms-death-cross-signalling-potential-bearish-trend-3739088",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/DPWires_dealthcross_3739088.png",
        "date": "2025-12-01 18:01:13",
        "description": "D P Wires, a micro-cap player in the Iron & Steel Products sector, has recently formed a Death Cross, a technical pattern where the 50-day moving average crosses below the 200-day moving average. This development often signals a shift towards a bearish trend and suggests a weakening momentum in the stock’s price trajectory."
      },
      {
        "title": "D P Wires Faces Challenging Market Conditions Amid Revised Evaluation Metrics",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/d-p-wires-downgraded-to-strong-sell-amid-weak-financials-and-bearish-technicals-3727891",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/DPWires_mojoScore_3727891.png",
        "date": "2025-11-25 08:50:27",
        "description": "D P Wires, a player in the Iron & Steel Products sector, has undergone a revision in its market assessment reflecting a complex interplay of technical, financial, valuation, and quality factors. The stock’s recent performance and underlying fundamentals highlight the challenges faced by the company in a volatile industry environment."
      },
      {
        "title": "How has been the historical performance of D P Wires?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-d-p-wires-3726394",
        "imagepath": "",
        "date": "2025-11-24 23:20:35",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>Examining the net sales figures, D P Wires witnessed a steady increase from ₹330.72 crores in March 2019 to a peak of ₹1,215.21 crores in March 2023. However, the fiscal year ending March 2025 saw a notable decline to ₹620.25 crores, reflecting a significant contraction compared to the previous two years. This volatility in sales is mirrored in the total operating income, which followed a similar pattern, peaking in 2023 before retreating sharply in 2025.</p>\n<p>Operating profit before other income (PBDIT excl. other income) also displayed a rising trend from ₹24.80 crores in 2019 to ₹55.50 crores in 2023, before dropping to ₹26.29 crores in 2025. Including other income, the operating profit peaked at ₹60.81 crores in 2023 and declined to ₹35...."
      },
      {
        "title": "Is D P Wires overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-d-p-wires-overvalued-or-undervalued-3706126",
        "imagepath": "",
        "date": "2025-11-17 08:11:47",
        "description": "As of 14 November 2025, the valuation grade for D P Wires has moved from expensive to very expensive. This indicates a significant increase in perceived valuation, suggesting that the company is currently overvalued. The key ratios reveal a PE Ratio of 19.11, an EV to EBIT of 23.12, and a Price to Book Value of 1.43, which are relatively high compared to industry peers.\n\nIn comparison, JSW Steel, which is rated as fair, has a PE Ratio of 46.61, while Tata Steel, rated as attractive, has a PE Ratio of 29.2. The valuation metrics for D P Wires, particularly the PEG Ratio of 0.00, further emphasize the concern regarding its high valuation relative to its earnings growth potential. Additionally, the company's stock has underperformed the Sensex significantly over the past year, with a return of -41.6% compared to the Sensex's 9.00%, reinforcing the notion that D P Wires is overvalued in the current market conte..."
      },
      {
        "title": "Is D P Wires overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-d-p-wires-overvalued-or-undervalued-3705488",
        "imagepath": "",
        "date": "2025-11-16 08:11:27",
        "description": "As of 14 November 2025, the valuation grade for D P Wires has moved from expensive to very expensive. This indicates a significant shift in the company's valuation perception, suggesting that it is currently overvalued. The key ratios reflect this sentiment, with a PE Ratio of 19.11, an EV to EBIT of 23.12, and a Price to Book Value of 1.43, all of which are elevated compared to industry norms.\n\nIn comparison to its peers, D P Wires stands out as very expensive, especially when juxtaposed with JSW Steel, which has a PE Ratio of 46.61 and is rated as fair, and Tata Steel, rated as attractive with a PE Ratio of 29.2. The company's performance has lagged behind the Sensex, particularly evident in the year-to-date return of -30.62% compared to the Sensex's 8.22%. Overall, D P Wires appears to be overvalued in the current market landscape...."
      },
      {
        "title": "Is D P Wires overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-d-p-wires-overvalued-or-undervalued-3704693",
        "imagepath": "",
        "date": "2025-11-15 08:11:26",
        "description": "As of 14 November 2025, the valuation grade for D P Wires has moved from expensive to very expensive. This indicates a significant concern regarding the company's current valuation. Based on the analysis, D P Wires appears to be overvalued. The company's PE ratio stands at 19.11, while its EV to EBITDA ratio is 18.90, and the Price to Book Value is 1.43, which are high compared to industry standards.\n\nIn comparison to its peers, JSW Steel has a PE ratio of 46.61 and an EV to EBITDA of 13.71, while Tata Steel, rated as attractive, has a PE of 29.2 and an EV to EBITDA of 10.58. These figures suggest that D P Wires is trading at a premium relative to its more favorably rated peers. Additionally, the company's stock has underperformed significantly, with a year-to-date return of -30.62% compared to a positive 8.22% return for the Sensex, reinforcing the notion that D P Wires is currently overvalued in the marke..."
      },
      {
        "title": "How has been the historical performance of D P Wires?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-d-p-wires-3703753",
        "imagepath": "",
        "date": "2025-11-15 00:12:11",
        "description": "Answer:\nThe historical performance of D P Wires shows significant fluctuations in key financial metrics over the years.\n\nBreakdown:\nD P Wires experienced a decline in net sales from INR 1,215.21 crore in March 2023 to INR 620.25 crore in March 2025, with a notable peak in March 2024 at INR 1,002.26 crore. Total operating income followed a similar trend, decreasing from INR 1,216.00 crore in March 2023 to INR 620.93 crore in March 2025. The company's operating profit (PBDIT) also saw a decline, dropping from INR 60.81 crore in March 2023 to INR 35.19 crore in March 2025. Profit after tax decreased from INR 41.01 crore in March 2023 to INR 22.20 crore in March 2025, reflecting a PAT margin of 3.58% in the latest fiscal year. On the balance sheet, total liabilities rose from INR 251.31 crore in March 2023 to INR 298.43 crore in March 2025, while total assets increased from INR 251.31 crore to INR 298.43 crore ..."
      },
      {
        "title": "D P Wires Ltd Faces Significant Selling Pressure with 43.46% Yearly Loss Amid Market Decline",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/d-p-wires-ltd-faces-significant-selling-pressure-with-4346-yearly-loss-amid-market-decline-3691923",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/DPWires_only_sellers_3691923.png",
        "date": "2025-11-12 09:42:29",
        "description": "D P Wires Ltd is experiencing notable selling pressure, continuing a trend of losses in the iron and steel sector. The stock has declined significantly over various time frames, underperforming against the Sensex, and is trading below multiple moving averages, indicating ongoing challenges for the microcap company."
      }
    ],
    "total": 147,
    "sid": "1002846",
    "stock_news_url": "https://www.marketsmojo.com/news/d-p-wires-1002846"
  },
  "announcements": [
    {
      "details": "D P Wires Limitedires Limited for the quarter ended 30-Sep-2019 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.",
      "source": "NSE",
      "caption": "D P Wires Limited - Reply to Clarification- Financial results",
      "datetime": "22-Nov-2019"
    },
    {
      "details": "D P Wires Limited has informed the Exchange regarding Financial Results.",
      "source": "NSE",
      "caption": "D P Wires Limited - Financial Results Updates",
      "datetime": "18-Nov-2019"
    },
    {
      "details": "D P Wires Limited has informed the Exchange regarding Board meeting held on November 14, 2019.",
      "source": "NSE",
      "caption": "D P Wires Limited - Outcome of Board Meeting",
      "datetime": "15-Nov-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "D P Wires Ltd has declared <strong>12%</strong> dividend, ex-date: 22 Sep 23",
          "dt": "2023-09-22",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "D P Wires Ltd has announced <strong>1:7</strong> bonus issue, ex-date: 08 Nov 23",
          "dt": "2023-11-08",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is D P Wires falling/rising?

2025-12-09 01:09:33

Extended Downtrend and Underperformance Against Benchmarks

Examining the stock’s performance over various time frames reveals a consistent pattern of weakness. Over the past week, D P Wires has declined by 6.94%, sharply contrasting with the Sensex’s modest fall of 0.63%. The divergence becomes more pronounced over longer periods: the stock has lost 14.62% in the last month while the Sensex gained 2.27%. Year-to-date, the stock’s losses deepen to 41.46%, whereas the Sensex has risen by 8.91%. Over the last year, D P Wires has plummeted nearly 50%, while the benchmark index recorded a 4.15% gain. This stark underperformance highlights the stock’s vulnerability amid broader market strength.

Technical Indicators Signal Continued Weakness

Technical ...

D P Wires Forms Death Cross, Signalling Potential Bearish Trend

2025-12-01 18:01:13

D P Wires, a micro-cap player in the Iron & Steel Products sector, has recently formed a Death Cross, a technical pattern where the 50-day moving average crosses below the 200-day moving average. This development often signals a shift towards a bearish trend and suggests a weakening momentum in the stock’s price trajectory.

D P Wires Faces Challenging Market Conditions Amid Revised Evaluation Metrics

2025-11-25 08:50:27

D P Wires, a player in the Iron & Steel Products sector, has undergone a revision in its market assessment reflecting a complex interplay of technical, financial, valuation, and quality factors. The stock’s recent performance and underlying fundamentals highlight the challenges faced by the company in a volatile industry environment.

How has been the historical performance of D P Wires?

2025-11-24 23:20:35

Revenue and Profitability Trends

Examining the net sales figures, D P Wires witnessed a steady increase from ₹330.72 crores in March 2019 to a peak of ₹1,215.21 crores in March 2023. However, the fiscal year ending March 2025 saw a notable decline to ₹620.25 crores, reflecting a significant contraction compared to the previous two years. This volatility in sales is mirrored in the total operating income, which followed a similar pattern, peaking in 2023 before retreating sharply in 2025.

Operating profit before other income (PBDIT excl. other income) also displayed a rising trend from ₹24.80 crores in 2019 to ₹55.50 crores in 2023, before dropping to ₹26.29 crores in 2025. Including other income, the operating profit peaked at ₹60.81 crores in 2023 and declined to ₹35....

Is D P Wires overvalued or undervalued?

2025-11-17 08:11:47

As of 14 November 2025, the valuation grade for D P Wires has moved from expensive to very expensive. This indicates a significant increase in perceived valuation, suggesting that the company is currently overvalued. The key ratios reveal a PE Ratio of 19.11, an EV to EBIT of 23.12, and a Price to Book Value of 1.43, which are relatively high compared to industry peers. In comparison, JSW Steel, which is rated as fair, has a PE Ratio of 46.61, while Tata Steel, rated as attractive, has a PE Ratio of 29.2. The valuation metrics for D P Wires, particularly the PEG Ratio of 0.00, further emphasize the concern regarding its high valuation relative to its earnings growth potential. Additionally, the company's stock has underperformed the Sensex significantly over the past year, with a return of -41.6% compared to the Sensex's 9.00%, reinforcing the notion that D P Wires is overvalued in the current market conte...

Is D P Wires overvalued or undervalued?

2025-11-16 08:11:27

As of 14 November 2025, the valuation grade for D P Wires has moved from expensive to very expensive. This indicates a significant shift in the company's valuation perception, suggesting that it is currently overvalued. The key ratios reflect this sentiment, with a PE Ratio of 19.11, an EV to EBIT of 23.12, and a Price to Book Value of 1.43, all of which are elevated compared to industry norms. In comparison to its peers, D P Wires stands out as very expensive, especially when juxtaposed with JSW Steel, which has a PE Ratio of 46.61 and is rated as fair, and Tata Steel, rated as attractive with a PE Ratio of 29.2. The company's performance has lagged behind the Sensex, particularly evident in the year-to-date return of -30.62% compared to the Sensex's 8.22%. Overall, D P Wires appears to be overvalued in the current market landscape....

Is D P Wires overvalued or undervalued?

2025-11-15 08:11:26

As of 14 November 2025, the valuation grade for D P Wires has moved from expensive to very expensive. This indicates a significant concern regarding the company's current valuation. Based on the analysis, D P Wires appears to be overvalued. The company's PE ratio stands at 19.11, while its EV to EBITDA ratio is 18.90, and the Price to Book Value is 1.43, which are high compared to industry standards. In comparison to its peers, JSW Steel has a PE ratio of 46.61 and an EV to EBITDA of 13.71, while Tata Steel, rated as attractive, has a PE of 29.2 and an EV to EBITDA of 10.58. These figures suggest that D P Wires is trading at a premium relative to its more favorably rated peers. Additionally, the company's stock has underperformed significantly, with a year-to-date return of -30.62% compared to a positive 8.22% return for the Sensex, reinforcing the notion that D P Wires is currently overvalued in the marke...

How has been the historical performance of D P Wires?

2025-11-15 00:12:11

Answer: The historical performance of D P Wires shows significant fluctuations in key financial metrics over the years. Breakdown: D P Wires experienced a decline in net sales from INR 1,215.21 crore in March 2023 to INR 620.25 crore in March 2025, with a notable peak in March 2024 at INR 1,002.26 crore. Total operating income followed a similar trend, decreasing from INR 1,216.00 crore in March 2023 to INR 620.93 crore in March 2025. The company's operating profit (PBDIT) also saw a decline, dropping from INR 60.81 crore in March 2023 to INR 35.19 crore in March 2025. Profit after tax decreased from INR 41.01 crore in March 2023 to INR 22.20 crore in March 2025, reflecting a PAT margin of 3.58% in the latest fiscal year. On the balance sheet, total liabilities rose from INR 251.31 crore in March 2023 to INR 298.43 crore in March 2025, while total assets increased from INR 251.31 crore to INR 298.43 crore ...

D P Wires Ltd Faces Significant Selling Pressure with 43.46% Yearly Loss Amid Market Decline

2025-11-12 09:42:29

D P Wires Ltd is experiencing notable selling pressure, continuing a trend of losses in the iron and steel sector. The stock has declined significantly over various time frames, underperforming against the Sensex, and is trading below multiple moving averages, indicating ongoing challenges for the microcap company.

View All News

Announcement

D P Wires Limited - Reply to Clarification- Financial results

22-Nov-2019 | Source : NSE

D P Wires Limitedires Limited for the quarter ended 30-Sep-2019 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.