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Precision Wires India Ltd.

BSE: 523539 Sector: Metals & Mining
NSE: PRECWIRE ISIN Code: INE372C01037
BSE 00:00 | 04 Jul 66.95 2.50
(3.88%)
OPEN

64.95

HIGH

68.60

LOW

64.15

NSE 00:00 | 04 Jul 67.65
(%)
OPEN

65.50

HIGH

69.50

LOW

64.20

OPEN 64.95
PREVIOUS CLOSE 64.45
VOLUME 12170
52-Week high 131.45
52-Week low 37.60
P/E 12.28
Mkt Cap.(Rs cr) 774
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 64.95
CLOSE 64.45
VOLUME 12170
52-Week high 131.45
52-Week low 37.60
P/E 12.28
Mkt Cap.(Rs cr) 774
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Precision Wires India Ltd. (PRECWIRE) - Company History

Incorporated in the year 1989 and Promoted by Atlas Wires Precision Wires India manufactures Winding Wires of Enamelled Copper. The Company remains as a market LeaderThe Company set up a plant to manufacture enamelled copper winding wires which was funded by way of a public issue in Mar.'92.Commerical production commenced in Dec.'92. Enamelled copper winding wires are used in transformers and motors in a number of electrical devices like fans television sets audio equipment refrigeration and air-conditioners machine tools irrigation industrial pumps etc. The wires are produced to specifications conforming to ISS BSS DIN NEMA and JIS.In 1999-2000 the directors of the company have decided to amalgamate Atlas Wires with the company. The amalgamation was approved with effect from 1st April 2000. The first phase of modernisation cum expansion project inititated at PWIL in late 1999 has been implemented within projected cost. Silvassa Unit commenced its first phase of modernisation programme.As a result of Expansion & Modernisation & Diversification at Silvassa Units new units (Unit III) is being set up.During the 2004-05 the Company has increased its installed capacity of Enamelled Round Copper Winding Wires & Rectangular Strips - Covered /non-convered by 700 MT. With this expansion the total installed capacity of Enamelled Round Copper Winding Wires & Rectangular Strips- Covered /non-convered has increased upto 15950 MT.

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