Precision Wires India (PRECWIRE) Share Price falls 5.42% as Mid Cap stock trades lower
- October 15, 2026
- Posted by: Kunal Singla
- Category: News
Precision Wires India Share Price was at Rs 458 in early trade on 15 October 2026, down 5.42% from the previous close of Rs 484.25. The company’s market capitalisation stood at Rs 8,702.50 crore, keeping Precision Wires India in the Mid Cap category. According to Univest data, the move is relevant because the share price decline came without a company-specific catalyst being established, so the market is left to process the price action alongside valuation, sector context and peer positioning. Precision Wires India Share Price Today therefore reads as a valuation-and-context story as much as a one-day market move. The latest Univest figures show that the stock opened above the previous close, then slipped within a narrow intraday range, which is the key Price Action signal investors are tracking in Precision Wires India Share News.
Precision Wires India (PRECWIRE) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 458 |
| Previous Close | Rs 484.25 |
| Today's Move | -Rs 26.25 (-5.42%) |
| Open | Rs 488.25 |
| High | Rs 488.25 |
| Low | Rs 455.65 |
| Market Capitalisation | Rs 8,702.5 crore |
| Market Cap Category | Mid Cap |
Precision Wires India Share Price Today moved from an open of Rs 488.25 to a day high of Rs 488.25, then touched a low of Rs 455.65 before trading at Rs 458. The day change was Rs -26.25 and the day change percent was -5.42%. Compared with the previous close of Rs 484.25, the stock stayed below the opening level through the early session. Market capitalisation remained Rs 8,702.50 crore, which fits the Mid Cap category. In Precision Wires India Share Price terms, the move shows a clear intraday decline from the opening level to the lower end of the day range. According to latest Univest data, the price event is confirmed, but no company-specific catalyst is established. That leaves Precision Wires India Share Price News focused on what the market is assigning to the stock today, not on a stated trigger. The next section of Precision Wires India Fundamental Analysis helps place this decline in valuation context.
Precision Wires India (PRECWIRE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 8,702.5 crore |
| P/E Ratio | 50.69x |
| P/B Ratio | 10.81x |
| ROE | 23.03% |
| ROCE | 33.09% |
| EPS | Rs 9.55 |
| Book Value Per Share | Rs 44.79 |
| Dividend Yield | 0.26% |
Precision Wires India (PRECWIRE) fundamental metrics show P/E 50.69x, P/B 10.81x, ROE 23.03%, ROCE 33.09%. These ratios show where the company stands today and are not a call to buy or sell.
Precision Wires India has a market capitalisation of Rs 8,702.50 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 50.69x, P/B at 10.81x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 23.03% and ROCE of 33.09%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 9.55, book value per share of Rs 44.79, dividend yield of 0.26%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 28.88x, median ROE of 13.11%, median ROCE of 18.1%. Together they describe the fundamental backdrop without implying a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Electricals |
| Industry | Cable |
| Benchmark Scope | same industry |
| Company P/E Ratio | 50.69x |
| Benchmark Median P/E | 28.88x |
| Benchmark Average P/E | 37.97x |
| Benchmark P/E Range | 1.17x to 196.06x |
| Company P/B Ratio | 10.81x |
| Benchmark Median P/B | 2.85x |
| Benchmark Average P/B | -7.1x |
| Company ROE | 23.03% |
| Benchmark Median ROE | 13.11% |
| Benchmark Average ROE | 0.96% |
| Company ROCE | 33.09% |
| Benchmark Median ROCE | 18.1% |
| Benchmark Average ROCE | 17.69% |
| Company Market Capitalisation | Rs 8,702.5 crore |
| Benchmark Median Market Cap | Rs 614.61 crore |
| Benchmark Average Market Cap | Rs 10,075.5 crore |
Precision Wires India (PRECWIRE) operates in the Electricals sector, within the Cable industry.
Precision Wires India (PRECWIRE) has a P/E ratio of 50.69x, which is above the benchmark median of 28.88x, a difference of +75.52%. A P/E difference of this kind is a reference point rather than a recommendation.
Precision Wires India (PRECWIRE) has a ROE of 23.03%, which is above the benchmark median of 13.11%, a difference of +75.67%. Precision Wires India (PRECWIRE) has a ROCE of 33.09%, which is above the benchmark median of 18.1%, a difference of +82.82%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Polycab India | POLYCAB | 1,24,483.67 | 43.78 | 9.87 | 25.03 | 34.93 |
| Sterlite Technologies | STLTECH | 49,524.29 | 196.06 | 12.45 | 2.73 | 8.38 |
| KEI Industries | KEI | 44,427.38 | 44.63 | 6.42 | 14.77 | 20.23 |
| RR Kabel | RRKABEL | 29,597.45 | 49.54 | 10.84 | 20.83 | 28.43 |
| Finolex Cables | FINCABLES | 22,553.97 | 27.67 | 3.52 | 12.33 | 16.06 |
Precision Wires India (PRECWIRE) has a P/E ratio of 50.69x compared with the displayed peer median of 44.63x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 23.03% compares with a peer median of 14.77% across the companies shown in the table. ROCE stood at 33.09% versus the displayed peer median of 20.23%, providing a capital-efficiency comparison. Precision Wires India (PRECWIRE) has a market capitalisation of Rs 8,702.5 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Precision Wires India
- Precision Wires India Share Price fell 5.42% to Rs 458, putting the day’s price action in focus.
- The stock is trading at a P/E of 50.69 and a P/B of 10.81, which keeps valuation central to Precision Wires India Stock News.
- ROE of 23.03% and ROCE of 33.09% are stronger than the cable industry medians in the sector snapshot.
- Market capitalisation of Rs 8,702.50 crore places Precision Wires India in the Mid Cap category.
- Precision Wires India Share Price remains above book value by a wide margin, with EPS at Rs 9.55 and book value at Rs 44.79.
About Precision Wires India
Precision Wires India operates in the Electricals sector and the Cable industry. The company’s business is linked to cable manufacturing, placing it in a segment where valuation, returns and peer comparison are closely watched. Precision Wires India Share Price is therefore often discussed alongside industry ratios rather than in isolation. The latest Univest figures place the company in the Mid Cap category with a market capitalisation of Rs 8,702.50 crore. For readers tracking Precision Wires India Share Price News, the company’s place in the cable universe matters because the industry includes larger peers such as Polycab India and KEI Industries, as well as higher-valuation names like Sterlite Technologies. That makes Precision Wires India Share Price relevant for both stock performance and broader sector analysis.
Track Precision Wires India Share Price on Univest
Use Precision Wires India (PRECWIRE) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Univest lets readers track Precision Wires India Share Price alongside live price updates, fundamental ratios, market capitalisation, 52-week levels and broader market insights. If you follow Precision Wires India Share Price Today, the platform also helps you compare the stock with cable peers and review valuation context in one place. According to Univest data, the stock’s latest move is best understood through price action and fundamentals together.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
What is Precision Wires India Share Price today?
Ans. Precision Wires India Share Price was Rs 458 in early trade, down 5.42% from the previous close of Rs 484.25. The move leaves the stock within its intraday range of Rs 455.65 to Rs 488.25.
Why is Precision Wires India Share Price falling today?
Ans. The price move is confirmed in Univest data; a company-specific reason has not been established. The fall should therefore be read through the day’s price action, valuation and cable-sector context rather than a stated trigger.
What does Precision Wires India Share Price movement show?
Ans. Precision Wires India Share Price opened at Rs 488.25, matched the day’s high, and later traded as low as Rs 455.65. That pattern shows a weaker intraday profile than the previous close of Rs 484.25.
Is Precision Wires India a Mid Cap stock?
Ans. Yes. Precision Wires India Share Price belongs to a company with market capitalisation of Rs 8,702.50 crore, and the market-cap category is Mid Cap. That label is used consistently in this article.
How is Precision Wires India valued versus cable peers?
Ans. Precision Wires India Share Price carries a P/E of 50.69 and a P/B of 10.81, both above the cable industry medians in the latest Univest benchmark. Its return ratios are stronger than several peer medians.
What are the key fundamentals behind Precision Wires India Share Price?
Ans. Precision Wires India Share Price is supported by ROE of 23.03%, ROCE of 33.09%, EPS of Rs 9.55 and book value of Rs 44.79. Dividend yield is 0.26%, so payout contribution is modest.
How does Precision Wires India compare with Polycab India?
Ans. Precision Wires India Share Price has a higher P/E than Polycab’s 43.78, but lower ROE and ROCE than Polycab’s 25.03% and 34.93%. The comparison shows a premium valuation without matching the leader’s return profile.
How does Precision Wires India compare with KEI Industries?
Ans. Precision Wires India Share Price is more expensive on P/E than KEI’s 44.63, but its ROE of 23.03% and ROCE of 33.09% are both above KEI’s 14.77% and 20.23%. That is a useful valuation-versus-return contrast.
Should investors track Precision Wires India Share Price on Univest?
Ans. Yes. Precision Wires India Share Price can be tracked on Univest with price updates, market capitalisation, 52-week levels and fundamental ratios. That helps readers compare the stock’s movement with sector and peer context in one place.
