Analyst Rating
based on 1 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 1 analysts offering long term price targets for Bansal Wire Industries Ltd. An average target of ₹440
Source: S&P Global Market Intelligence
Bansal Wire Industries Ltd Share analysis
Bansal Wire Industries Ltd price forecast by 1 analysts
Upside of3.49%
High
₹440
Target
₹440.00
Low
₹440
Bansal Wire Industries Ltd target price ₹440, a slight upside of 3.49% compared to current price of ₹414.65. According to 1 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Bansal Wire Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Bansal Wire Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:0
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹408.2₹43552 Week's Low
52 Week's High
₹325.1₹460.9
| Returns % | |
| 1 Month Return | + 17.9 % |
| 3 Month Return | + 21.35 % |
| 1 Year Return | + 21.35 % |
| Market Stats | |
| Previous Close | ₹425.15 |
| Open | ₹428.40 |
| Volume | 3.06L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹6,655.98Cr |
Key Statistics
| P/E Ratio | 44.55 |
| PEG Ratio | -3.82 |
| Market Cap | ₹6,306.52 Cr |
| P/B Ratio | 2.35 |
| EPS | 21.37 |
| Dividend Yield | 0.55 |
| Sector | Steel |
| ROE | 11.5 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹6,306.52 Cr | 198.88% | 0.64 | ₹297 Cr | ₹6,146 Cr | |
| NA | ₹150.42 Cr | -1.31% | 0.67 | NA | NA | |
| NA | ₹30.54 Cr | 1.9% | 0.78 | NA | NA | |
| NA | ₹169.58 Cr | 569.19% | 0.60 | NA | NA | |
| NA | ₹2,446.24 Cr | 400.79% | 0.63 | ₹30 Cr | ₹1,046 Cr |
Company Information
Share Price: ₹414.65 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹6,655.98Cr as of today
Revenue: ₹816.92Cr as on June 2024 (Q2 24)
Net Profit: ₹31.51Cr as on June 2024 (Q2 24)
Listing date: 10 Jul, 2024
| Organisation | Bansal Wire Industries Ltd |
| Headquarters | |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Bansal Wire Industries Ltd
Bansal Wire Stock Surges on Investec Buy Rating - 26 Aug, 2024
Bansal Wire Industries shares jumped after Investec initiated coverage with a buy rating and a target price of ₹440, citing strong growth potential and profitability initiatives.
Bansal Wire Completes Full Acquisition of Bansal Steel - 25 Aug, 2024
Bansal Wire Industries Ltd has successfully acquired the remaining 23.85% stake in Bansal Steel & Power Limited, increasing its ownership to 100%. This transition makes Bansal Steel a wholly-owned subsidiary, enhancing Bansal Wire's market position.
Bansal Wire Targets 20-25% Revenue Growth - 23 Aug, 2024
Bansal Wire Industries Ltd. aims for 20-25% annual revenue growth over the next five years, driven by a significant capacity expansion at its Dadri plant, which will double production capacity to 6 lakh tonnes by year-end.
Bansal Wire Industries Expects 2.5x Capacity Increase by End of FY - 02 Aug, 2024
Bansal Wire Industries expects to increase its overall capacity from 2.5 lakh tonnes to 6 lakh tonnes by the end of this financial year, with a ramp-up in production and expansion plans. The majority of growth has come from volumes, with some increase in pricing due to commodity prices. The company is expecting to fully utilize the increased capacity within the next two to three years.
Insights on Bansal Wire Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 1 month, BANSALWIRE stock has moved up by 17.9%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 6.66% to 13.08% in Jul 2024 quarter
NO EFFECTFII Holding Unchanged
Foreign Institutions holdings remained unchanged at 2.30% of holdings in Jul 2024 quarter
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 77.97% of holdings in Jul 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 8.70% to 3.88% in Jul 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 77.97% | 0.00 | |
| Foreign Institutions | 2.3% | ||
| Mutual Funds | 3.88% | ||
| Retail Investors | 13.08% | 96.35 | |
| Others | 2.78% |
Key Indicators
Earnings and Dividends
Bansal Wire Industries Ltd Earnings Results
Bansal Wire Industries Ltd’s net profit jumped 74.51% since last year same period to ₹30.19Cr in the Q1 2024-2025. On a quarterly growth basis, Bansal Wire Industries Ltd has generated 29.18% jump in its net profits since last 3-months.
Read More about Earnings Results
Technicals Summary
Bearish
Neutral
Bullish
Bansal Wire Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Bansal Wire Industries Ltd (BANSALWIRE) share price today is ₹414.65
Bansal Wire Industries Ltd is listed on NSE
Bansal Wire Industries Ltd is listed on BSE
- Today’s highest price of Bansal Wire Industries Ltd is ₹435.
- Today’s lowest price of Bansal Wire Industries Ltd is ₹408.2.
Today’s traded volume of Bansal Wire Industries Ltd(BANSALWIRE) is 3.06L.
Today’s market capitalisation of Bansal Wire Industries Ltd(BANSALWIRE) is ₹6655.98Cr.
| Bansal Wire Industries Ltd(BANSALWIRE | Price |
|---|---|
52 Week High | ₹460.9 |
52 Week Low | ₹325.1 |
Bansal Wire Industries Ltd(BANSALWIRE) share price is ₹414.65. It is down -10.03% from its 52 Week High price of ₹460.9
Bansal Wire Industries Ltd(BANSALWIRE) share price is ₹414.65. It is up 27.55% from its 52 Week Low price of ₹325.1
| Bansal Wire Industries Ltd(BANSALWIRE | Returns |
|---|---|
1 Day Returns | -10.5% |
1 Month Returns | 17.9% |
3 Month Returns | 21.35% |
1 Year Returns | 21.35% |