Precision Wires India share news and announcements
NSE: PRECWIREBSE: 523539Industrial ProductsSmall Cap
Last close ₹401.65up ₹5.30 (1.34%)BSE ₹400.60
Share price at the NSE close on 23 Oct 2026. Previous close ₹396.35.
52-week range of traded prices to 23 Oct 2026
₹199.70Low, 24 Oct 2025₹524.90High, 31 Aug 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹7,342 Cr716th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 21 Oct 2026
- 42.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 23 May 2026
- 9.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.31%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 21 Oct 2026
- 25.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 21 Oct 2026
- 27.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 23 May 2026
- 0.21
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 8,76,87338.6% delivered
Precision Wires India share news and announcements
755 announcements, routine notices left out, newest first. Page 15 of 16.
Jul 2010
15 Jul · Updates
The Company has re-commenced trial production of enamelled round winding wires at its Palej Unit on 20th June 2010. It may be recalled that the said Unit was closed down on 1st September 2008. While the initial production is likely to be low for a few months due to various factors associated with start up of closed down factory, the facility is expected to contribute about 1000 Metric Tons per annum of finished goods12 Jul · Board meeting
Inter alia to consider and take on record the Un-audited Financial Results (Provisional) of the Company for the first quarter ended June 30, 2010.
Jun 2010
4 Jun · Meeting
Company has fixed Book Closure dates from July 17, 2010 to July 23, 2010 for the purpose of Annual General Meeting of the Company to be held on July 23, 2010 and for the payment of Dividend.
May 2010
14 May · Board meeting
Meeting of the Board of Directors was held on May 13, 2010 and concluded. The following business was transacted : (1) Proposal to set up Wind Energy Project, in Gujarat at a cost of about Rs. 1200 Lacs was approved; (2) On the recommendation of the Remuneration Committee of the Board & subject to the approval of the Company at the next AGM, the Board of Directors have Re-appointed Shri. Deepak M Mehta, Whole-time Director for a period of 3 (Three) years with effect from August 1, 2010; (3) On the recommendation of the Remuneration Committee, the Board of Directors have appointed Shri. Nirbhay D Mehta, as Manager (Commercial and Finance) for a period of 3 years, subject to the approval of the Company at the next AGM and the approval of the Central Government. Shri. Nirbhay D Mehta is a relative of all the Executive Directors and also holds about 3.85% equity shares of the Company.13 May · Dividend
Board of Directors at its Meeting held on May 13, 2010 has recommended Total Dividend of @ Rs. 4.40 (44%) per equity share of the face value of Rs. 10/- each fully paid for the Financial Year 2009-10. Out of this, Interim Dividend of Rs. 2.40 per equity share declared on January 28, 2010 has already been paid and balance of Rs. 2.00 (20%) per equity share would be payable to the shareholders after approval of the AGM.4 May · Board meeting
Inter alia to consider and to take on record the Audited Annual Results of the Company for the Financial year ended March 31, 2010 and to recommend Dividend, if any, for the said Financial year.
Apr 2010
16 Apr · Results
The Company will publish Audited Results for the Financial Year ended 31st March, 2010, within Sixty days from the end of the Financial Year. Therefore, the un-audited quarterly results for the quarter ended 31st March , 2010 shall not be published
Mar 2010
29 Mar · Disclosure
Disclosure under Reg 13(4) and 13(6) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992.The details of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.12 Mar · Disclosure
Regulation 3(3) of SEBI (Substantial Acquisition of Shares and Takeover Regulations, 1997 (Takeover Code) with respect to inter se transfer of shares among Promoters & Relatives of Equity Shares of Precision Wires India Ltd. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2010
28 Jan · Dividend
Meeting of the Board of Directors was held on January 28, 2010 the following business was transacted and approved at the Meeting. (1) The Directors have considered and declared an Interim Dividend of Rs.2.40 per equity share of the Face Value of Rs.10 each for the Financial Year 2009-10 (i.e. @ 24%) at the above Board Meeting. (2) Subject to the applicable provisions of the Companies Act, 1956, and subject to the approval of the Company, the Board of Directors have approved the appointment of Shri Nirbhay D Mehta as a Junior Executive of the Company. Shri Nirbhay D Mehta has completed his academic studies for a B SC Finance Degree at University of Illinois, USA. He is the son of the Whole-time Director of the Company, Shri Deepak M Mehta.20 Jan · Corporate action
Company have fixed February 05, 2010 as the Record date, for the purpose of payment of interim dividend if approved at the Board Meeting to be held on January 28, 2010.18 Jan · Board meeting
Inter-alia to consider and to take on record the Unaudited Financial Results (Provisional) of the Company for the Third quarter and Nine months ended December 31, 2009.
Oct 2009
16 Oct · Board meeting
Inter-alia to consider and to take on record the Unaudited Financial Results (Provisional) of the Company for the Second quarter and half year ended September 30, 2009.12 Oct · Meeting
Minutes of the Annual General Meeting of the members of the Company held on September 19, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.12 Oct · Meeting
Outcome of Annual General Meeting held on September 19, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2009
12 Aug · Meeting
Annual General Meeting of the Company will be held on September 19, 2009. Further, the Share Transfer Books of the Company will be closed from September 12, 2009 to September 19, 2009 (both days inclusive), for dividend and on account of the Annual General Meeting of the Company.
Jul 2009
17 Jul · Board meeting
Inter-alia to consider and to take on record the Unaudited Financial Results (Provisional) of the Company for the First quarter ended June, 30,2009.
Jun 2009
29 Jun · Dividend
Board of Directors at their meeting held on June 29, 2009 have recommended Dividend @ Rs.0.80 Per Equity Share of Rs.10/- each amounting to Rs. 108.23 Lacs, (including Corporate Dividend Tax and Education Cess of Rs.15.72 Lacs) subject to approval of members in the AGM for the financial year ended March 31, 2009.22 Jun · Board meeting
Inter alia to consider and to take on record the Audited Annual Results of the Company for the Financial year ended March 31, 2009 and to recommend Dividend, if any, for the said Financial year.
Apr 2009
21 Apr · Board meeting
To consider and discuss the routine matters of the Company.9 Apr · Results
Company will publish Audited Results for the Financial Year ended March 31, 2009, within 3 months from the end of the Financial Year i.e. by June 30, 2009. Therefore, the unaudited quarterly results for the quarter ended March 31, 2009 shall not be published.
Jan 2009
28 Jan · Board meeting
Board of Directors of the Company in its meeting held on January 28, 2009 and the following business was transacted at the meeting: (1) The Board has considered and deferred the decision to accept Fixed Deposits from Public. (2) The Board has re-appointed Shri. Milan M Mehta as Managing Director of the Company for a period of Three years with effect from April 01, 2009 to March 31, 2012, subject to applicable regulatory approvals.20 Jan · Board meeting
Inter-alia to transact the following business: (i) To consider and take on record the Unaudited Financial Results (Provisional) of the Company for the Third quarter and Nine months ended December 31, 2008. (ii) To consider to accept Fixed Deposit. (iii) To consider Re-appointment of Shri. Milan M Mehta, Managing Director, from April 01, 2009, subject to all regulatory approvals.
Nov 2008
10 Nov · Management
At the meeting of the Board of Directors of the Company, held on 25th October, 2008, the Board has appointed Shri. C. Mohandas Pai as the Chief Financial Officer (CFO) of the Company with immediate effect. Shri. Pai is Chartered Accountant with more than two decades of experience. He has been with us since long time.
Oct 2008
23 Oct · Meeting
Minutes of the Annual General Meeting of the members of the Company held on September 27, 2008. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Oct · Board meeting
Inter-alia to consider and to take on record the Unaudited Financial Results (Provisional) of the Company for the Second Quarter ended September 30, 2008.7 Oct · Meeting
Annual General Meeting of the Company held September 27, 2008, the shareholders have: 1) Adopted the Balance Sheet as at March 31, 2008 and the Profit & Loss Account for the year ended on that date and the Reports of the Directors and Auditors thereon. 2) Approved dividend @36% (Rs.3.60 per equity share) on Equity Shares. 3) Reappointed Shri. Vijay M Crishna & Shri. Ashwin P Kothari as Directors. 4) Reappointed S R Divatia & Co., Chartered Accountants, as Auditors of the Company. 5) Reappointed Shri. Mahendra R Mehta as Chairman and Managing Director of the Company for the period of three years with effect from October 01, 2008 to September 30, 2011 on remuneration and the terms and conditions as set out in the notice of AGM. A copy of the notice of said AGM shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Sep 2008
1 Sep · Updates
Of the total production of over 20,000 (Twenty thousand) M Tons, of Winding Wires made of Copper, our Palej Unit (Dist., Bharuch Gujarat) contributed only Five percent thereof. Therefore, with effect from September 01, 2008, we have closed down the facilities for manufacture of Winding Wires made of Copper at the above Unit. This shall not affect the overall performance of the Company
Aug 2008
21 Aug · Meeting
Share Transfer Books of the Company will be closed from September 20, 2008 to September 27, 2008 (both days inclusive) for the purpose of Annual General Meeting of the Company to be held on September 27, 2008 & Declaration of Dividend for the Year Ended March 31, 2008.
Jul 2008
22 Jul · Board meeting
Meeting on 28 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”
Jun 2008
26 Jun · Dividend
Board of Directors of the Company in its meeting held on June 26, 2008 have recommend a Dividend @ 36% for the year ended March 31, 2008.13 Jun · Board meeting
Inter alia to consider and to take on record the Audited Annual Results for the Financial year ended March 31, 2008 and to recommend Dividend, if any for the said Financial year.
Apr 2008
28 Apr · Board meeting
Following decisions were taken at the Meeting of the Board of Directors of the Company, held today on 28.4.2008: 1) On the basis of recommendation of the Remuneration Committee of the Board, made at its meeting held today, the Board has re-appointed Shri Mahendra R Mehta as the Chairman and Managing Director of the company for a period of Three years from 1st October, 2008 to 30th September, 2011, subject to the approval of the Company in General Meeting and such other approvals and sanctions as may be necessary in law. 2) The Board has approved expansion of the present capacity by 8000 MT/PA, at the cost of Rs. 30 Crores and the same will come on stream in phases by March 2010".21 Apr · Rating
The Company has obtained Ratings by Credit Analysis & Research Ltd. (CARE) in respect of its Working Capital as well as Term Loan. CARE has assigned CARE A+ (Single A Plus) rating to the Long Term Bank Facilities and PR1+ rating to Short Term Banking Facilities of the Company. This Rating is valid for the tenure of one year.21 Apr · Updates
During the year 2006, a manufacturing facility, named Unit III, was established by the Company, in a separate Building, constructed on the same plot of Land on which Unit II (Atlas Wires, Silvassa) of the Company was already in production for long time. Unit III produces Bare Copper Coductors for Captive consumption of the Company, primarily by above Unit II. We wish to advise you that for procedural and administrative rationalisation, Unit III of the Company has been merged with effect from 1st of April 2008 with the above Unit II as per the statutory approval of concerned authorities received on 16th April, 2008. This merger will not effect either the overall Production capacity or the manpower of the Company.21 Apr · Board meeting
Inter-alia to consider and discuss : 1) The routine matters relating to operations of the Company. 2) Re-appointment of Shri. Mahendra R Mehta, Chairman & Managing Director.15 Apr · Results
The Company will publish Audited Results for the Financial Year ended 31st March, 2008, within three months from the end of the Financial Year, i.e. by 30th June, 2008. Therefore, the un-audited quarterly results for the quarter ended 31st March, 2008 shall not be published
Jan 2008
14 Jan · Board meeting
Meeting of the Audit Committee followed by meeting of the Board of Directors of Precision Wires India Ltd., will be held on January 30, 2008, Inter-alia to consider and to take on record the Unaudited Financial Results (Provisional) of the Company for the Third quarter and Nine months ended December 31, 2007.
Oct 2007
25 Oct · Meeting
Minutes of the Annual General Meeting held on September 26, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.15 Oct · Board meeting
Meeting on 27 Oct 2007: “Unaudited Results for Qtr & Half year ended Sep 30, 2007”
Sep 2007
28 Sep · Meeting
Outcome of the Annual General Meeting of the company held on September 26, 2007. The details of the business transacted at the AGM shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.12 Sep · Disclosure
Mr. Deepak M. Mehta has informed the Exchange that he proposes to acquire by gift the following Fully Paid equity shares of Rs.10/- each of Precision Wires India Ltd. from Mr. Milan M. Mehta, Promoter & Director of Precision Wires India Limited, being the Interse-transfer of shares amongst Promoters/Relatives: Name of the Promoter/ Transferee/ Donee - Deepak M Mehta: No. of equity shares before acquire of proposed gift - 229060; % of share before proposed gift - 1.98; No of shares to be acquired as gift and % of shares to be acquired as gift - 150000 (1.30%); % of Post-proposed acquire of gift - 3.28%; No. of equity shares after proposed acquire of gift - 379060; Date of acquire of Gift/transaction - September 17, 2007.10 Sep · Disclosure
He propose to gift the following Fully Paid equity shares of Rs.10/- each of Precision Wires India Ltd. to Mr.Deepak M Mehta, Promoter & Director of Precision Wires India Limited, being the Interse-transfer of shares amongst Promoters/Relatives: Name of the Promoter/ Transferor/ Donor - Milan M Mehta: No. of equity shares before proposed gift - 693223; % of share before proposed gift - 5.99; No of shares to be gifted and % of shares to be gifted - 150000 (1.30%); % of Post-proposed gift holding - 4.69%; No. of equity shares after proposed gift - 543223; Date of Gift/transaction - September 17, 2007.10 Sep · Disclosure
Company has received an intimation from Mr. Milan M Mehta and Deepak M Mehta that Mr. Milan M Mehta, Promoter & Director of Precision Wires India Limited proposes to transfer 150000 (One Lac Fifty Thousand) Fully Paid equity shares of Rs.10/- each of Precision Wires India Ltd. to Mr. Deepak M Mehta, Promoter & Director of Precision Wires India Limited by way of gift being the interse-transfer of shares amongst Promoters/Relatives. The details are as under: i) Name of the Promoter/ Transferor/ Donor - Milan M Mehta (Donor); No. of equity shares before proposed gift - 693223; % of share before proposed gift - 5.99; No of shares to be gifted and % of shares to be gifted - 150000 (1.30%); % of Post-proposed gift holding - 4.69%; No. of equity shares after proposed gift - 543223; Date of Gift/transaction - September 17, 2007. ii) Name of the Promoter/ Transferor/ Donor - Deepak M Mehta (Donee); No. of equity shares before proposed gift - 229060; % of share before proposed gift - 1.98; No of shares to be gifted and % of shares to be gifted - 150000 (1.30%); % of Post-proposed gift holding - 3.28%; No. of equity shares after proposed gift - 379060; Date of Gift/transaction - September 17, 200710 Sep · Management
With effect from 10th September, 2007 Mr. S G Sathe, has been appointed as our Company Secretary & Compliance Officer
Aug 2007
7 Aug · Meeting
Company has announced the Book Closure from September 18, 2007 to September 26, 2007 (both days inclusive) for the purpose of Annual General Meeting to be held on September 26, 2007 & Declaration of Dividend for the year ended March 31, 2007 @ Rs.3.50 per equity shares, fully paid as recommended by the Board of Directors at their Meeting held on June 11, 2007.
Jul 2007
16 Jul · Board meeting
Meeting on 26 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
Jun 2007
11 Jun · Dividend
Meeting of the Board of Directors was held on June 11, 2007. The following business were transacted and approved at the Meeting: 1) The Directors have recommended a Dividend @ 35% for the year ended March 31, 2007. 2) Re-appointed Shri. Deepak M Mehta, Whole-time Director for a period of 3 Years w.e.f. August 01, 2007.4 Jun · Board meeting
Inter alia to consider and to take on record the Audited Annual Results for the Financial year ended March 31, 2007 and to recommend Dividend, if any for the said Financial year.
May 2007
23 May · Board meeting
Board of Directors of the Company at their Meeting held on May 23, 2007 have considered, approved and allotted 11,00,000 (Eleven Lac) Fully Paid Equity Share of the Face value of Rs.10/- each at a Premium of Rs. 167.15 per Equity Share pursuant to conversion of Eleven Lac 13% Unsecured Fully Paid Convertible Debentures and pursuant to the approval by the Members at the General Meeting held on May 22, 2006, to the following allottees: (1) Reliance Capital Trustee Company Limited A/C Reliance Tax Saver (ELSS) Fund, a Body Corporate incorporated under the Law - 10,00,000 (Ten Lac) fully paid equity shares of the face value of Rs.10/- each at a premium of Rs. 167.15 per equity share. (2) Pradeep Sandeep Trading & Investment Private Ltd a Company incorporated under the Companies Act, 1956 - 1,00,000 (One Lac) fully paid equity share of the face value of Rs. 10/- each at a premium of Rs. 167.15 per equity share. (3) Pursuant to above, the Paid up Capital Share Capital of the Company will be increased by Rs. 110,00,000/- (Rs. One Crore Ten Lacs Only) and Share Premium Amount will be Rs.18,38,65,000/- (Rs. Eighteen Crore Thirty Eight Lacs sixty Five Thousand Only). Thereby increasing the Total Paid-up Share Capital to Rs.11,56,36,230/- (Rs. Eleven Crore Fifty Six Lacs Thirty Six Thousand Two Hundred Thirty Only).