Precision Wires India Limited incorporated in November, 1989 and promoted by Mr. Mahendra Mehta, is engaged in manufacturing of Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor (CTC) and Paper/Mica/Nomex Insulated Copper Conductors (PICC) which are used by the electrical/electronics industries.
The Company had set up a plant to manufacture enamelled copper winding wires, which funded by way of a public issue in Mar.'92. Commercial 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, Company amalgamated with Atlas Wires and accordingly the Scheme was approved effective from 1st April 2000. The first phase of modernisation cum expansion project inititated at PWIL in late 1999 was implemented within projected cost. Silvassa Unit commenced its first phase of modernisation. As a result of Expansion & Modernisation & Diversification at Silvassa Units new units (Unit III) was set up.
During the 2004-05, the Company has increased its installed capacity of Enamelled Round Copper Winding Wires & Rectangular Strips - Covered /non-covered 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.
The Company completed diversification, modernization & capacity expansion at Silvassa Units which was operational in 2006-07. All all indigenous and some imported equipments were commissioned for Unit 5 Expansion, and accordingly, the production commenced after completion of civil works in 2018-19.
The Expansion/Modernisation at Silvassa Works, with an additional capacity of 9000 MT per year of Winding Wires made of Copper of various types was successfully completed during April-June 2024.
1. Can I buy Precision Wires India Ltd from PL Capital? ›
Yes, you can invest in Precision Wires India Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Precision Wires India Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Precision Wires India Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Precision Wires India Ltd pay dividends? ›
Yes, Precision Wires India Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Precision Wires India Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Precision Wires India Ltd ? ›
As of
26-09-2025 the share price for Precision Wires India Ltd. is 181.19 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Precision Wires India Ltd ? ›
The 52-week high and low of Precision Wires India Ltd share price is ₹ 118 - ₹ 221 as of
26-09-2025 .
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