Geekay Wires (GEEKAYWIRE) Share Price Falls 13.83% to Rs 28.65
- September 21, 2026
- Posted by: Harsh Piplani
- Category: News
Geekay Wires Share Price came under pressure in today’s trade, with the stock ending at Rs 28.65 after a 13.83% decline. The company’s market capitalisation stood at Rs 347.53 crore, placing Geekay Wires in the Micro Cap category. The move matters because the day’s price action took the share below its previous close of Rs 33.25 and near the intraday low of Rs 27.80. The supplied data confirms the price event, but it does not establish a company-specific catalyst. For readers following Geekay Wires Share Price Today, the session offers a clear snapshot of how sharply the stock moved and where it closed relative to the day’s range. Geekay Wires Stock News today therefore centres on the verified decline, valuation context and peer comparison rather than any unconfirmed trigger.
From an editorial standpoint, Univest treats this as a factual market move that deserves a closer look through price action, fundamentals and sector benchmarking. The same numbers also help answer Why Is Geekay Wires Falling Today in a disciplined way: the data shows the decline, but not the cause.
Geekay Wires (GEEKAYWIRE) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 28.65 |
| Previous Close | Rs 33.25 |
| Today's Move | -Rs 4.60 (-13.83%) |
| Open | Rs 33.69 |
| High | Rs 33.72 |
| Low | Rs 27.8 |
| Turnover | Rs 1.28 crore |
| Market Capitalisation | Rs 347.53 crore |
| Market Cap Category | Micro Cap |
Geekay Wires Share Price Today opened at Rs 33.69, touched an intraday high of Rs 33.72 and an intraday low of Rs 27.80 before closing at Rs 28.65. That means the stock finished Rs 4.60 lower than the previous close of Rs 33.25, which equals a 13.83% decline for the day. The day’s range also shows that the close was much nearer the low than the high, with the stock giving back a large part of the opening level during the session.
The turnover was Rs 1.28 crore. On the supplied data, Geekay Wires sits in the Micro Cap category with a market capitalisation of Rs 347.53 crore. In a share price fall like this, the verified facts are the open, high, low, close and turnover; they show the extent of the move without implying a reason that the data does not provide. For readers scanning Geekay Wires Stock News or Geekay Wires Share Price Update, the key point is that the stock moved from Rs 33.69 at the open to Rs 28.65 at the close, while trading within a relatively wide intraday band. That is the clearest factual reading of today’s price action.
For Univest users, the next step is to place this decline alongside the company’s financial ratios, sector valuation and peer set before drawing any broader conclusion.
Geekay Wires (GEEKAYWIRE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 347.53 crore |
| P/E Ratio | 12.12x |
| P/B Ratio | 2.01x |
| ROE | 19.61% |
| ROCE | 17.07% |
| EPS | Rs 2.74 |
| Book Value Per Share | Rs 16.53 |
| Dividend Yield | 1.05% |
Geekay Wires’ fundamentals show a market capitalisation of Rs 347.53 crore and a P/E ratio of 12.12. The P/B ratio is 2.01, the ROE is 19.61%, the ROCE is 17.07%, EPS is Rs 2.74, book value is Rs 16.53 and dividend yield is 1.05%. These figures matter because they frame Geekay Wires Share Price against earnings, accounting value and return metrics rather than against the day’s move alone.
The P/E of 12.12 is below the sector median of 20.38 for the same industry set, while the P/B of 2.01 is above the benchmark median of 1.66 but below the benchmark average of 2.19. ROE of 19.61% is well above the sector median of 9.28%, and ROCE of 17.07% is also above the benchmark median of 12.22%. EPS of Rs 2.74 gives a per-share earnings reference point, book value of Rs 16.53 shows the accounting net worth per share, and dividend yield of 1.05% provides the current payout reference. Univest readers tracking Geekay Wires Fundamental Analysis can therefore see a company trading on moderate earnings multiples with return ratios above the benchmark medians. That does not explain the day’s fall, but it does give context for Geekay Wires Share Price News and for how the stock is being valued in relation to its own fundamentals.
In Geekay Wires Stock Analysis terms, the numbers suggest that valuation and operating returns both deserve attention whenever the share price moves sharply in either direction.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 12.12x |
| Benchmark Median P/E | 20.38x |
| Benchmark Average P/E | 36.44x |
| Benchmark P/E Range | 0.44x to 588.59x |
| Company P/B Ratio | 2.01x |
| Benchmark Median P/B | 1.66x |
| Benchmark Average P/B | 2.19x |
| Company ROE | 19.61% |
| Benchmark Median ROE | 9.28% |
| Benchmark Average ROE | 2.31% |
| Company ROCE | 17.07% |
| Benchmark Median ROCE | 12.22% |
| Benchmark Average ROCE | 9.81% |
| Company Market Capitalisation | Rs 347.53 crore |
| Benchmark Median Market Cap | Rs 325.49 crore |
| Benchmark Average Market Cap | Rs 8,010.93 crore |
Geekay Wires operates in the Iron & Steel sector and the Steel & Iron Products industry. The supplied benchmark covers the same industry and includes 140 companies, which makes the comparison broad enough to place Geekay Wires Share Price in a sector context. Within that set, Geekay Wires has a P/E of 12.12 against a benchmark median of 20.38 and an average of 36.44. Its P/B of 2.01 compares with a benchmark median of 1.66 and an average of 2.19.
The company’s ROE of 19.61% is higher than the benchmark median of 9.28%, while ROCE of 17.07% is above the benchmark median of 12.22%. On market capitalisation, Geekay Wires at Rs 347.53 crore is close to the benchmark median of Rs 325.49 crore, though far below the benchmark average of Rs 8,010.93 crore because the industry set contains several much larger companies. The benchmark also shows a market-cap range from Rs 3.72 crore to Rs 310,083.56 crore, highlighting how wide the industry spread is. For Geekay Wires Share Price Today, this sector view is useful because it shows the company’s valuation and return profile relative to a large sample of listed peers in the same industry classification.
Univest readers can use this comparison to understand whether the stock’s current multiples sit below or above the industry’s central tendency, rather than judging the fall in isolation.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel | JSWSTEEL | 3,10,083.56 | 12.51 | 2.97 | 28.54 | 20.67 |
| Tata Steel | TATASTEEL | 2,30,631.85 | 20.9 | 2.24 | 11.44 | 12.7 |
| Steel Authority Of India | SAIL | 74,349.46 | 17.4 | 1.2 | 5.66 | 7.08 |
| Welspun Corp | WELCORP | 70,107.64 | 30.36 | 7.32 | 19.55 | 23.94 |
| APL Apollo Tubes | APLAPOLLO | 63,046.51 | 51.3 | 11.34 | 25.35 | 31.83 |
Among the supplied peers, Geekay Wires is much smaller than JSW Steel at Rs 3,10,083.56 crore, Tata Steel at Rs 2,30,631.85 crore, Steel Authority Of India at Rs 74,349.46 crore, Welspun Corp at Rs 70,107.64 crore and APL Apollo Tubes at Rs 63,046.51 crore. That size gap is factual and helps position Geekay Wires Share Price within the peer set.
On valuation, Geekay Wires’ P/E of 12.12 is slightly below JSW Steel’s 12.51 and clearly below Tata Steel’s 20.9, SAIL’s 17.4, Welspun Corp’s 30.36 and APL Apollo Tubes’ 51.3. Its P/B of 2.01 is below JSW Steel’s 2.97, Tata Steel’s 2.24, Welspun Corp’s 7.32 and APL Apollo Tubes’ 11.34, while above SAIL’s 1.2. ROE of 19.61% is below JSW Steel, APL Apollo Tubes and Welspun Corp, but above Tata Steel and SAIL. ROCE of 17.07% is above Tata Steel and SAIL, while below JSW Steel, Welspun Corp and APL Apollo Tubes. For Geekay Wires Stock News, the peer set shows a company with lower market value than the large-cap names but with return ratios that compare favourably with some listed steel companies.
Why Investors Are Watching Geekay Wires
- Geekay Wires Share Price fell 13.83% today to Rs 28.65 after closing below the previous close of Rs 33.25.
- The day’s range ran from Rs 33.72 to Rs 27.80, with the stock ending near the lower end of that band.
- Market capitalisation stood at Rs 347.53 crore, and the company is classified as a Micro Cap.
- P/E is 12.12, P/B is 2.01, ROE is 19.61%, ROCE is 17.07%, EPS is Rs 2.74 and book value is Rs 16.53.
- In the sector benchmark, the company’s P/E is below the median of 20.38, while ROE and ROCE are above the medians of 9.28% and 12.22%.
About Geekay Wires
Geekay Wires is classified in the Iron & Steel sector and the Steel & Iron Products industry. The stock trades on NSE and BSE under the symbol GEEKAYWIRE. The supplied data places the company in the Micro Cap category with a market capitalisation of Rs 347.53 crore. For readers following Geekay Wires Share Price, this company profile is best read alongside the firm’s valuation ratios, earnings per share, book value and return measures. Univest keeps this company overview focused on verified market classification and financial context.
When investors search for Geekay Wires Share Price Live or Geekay Wires Latest News, the most useful starting point is to check where the stock sits in its industry, how it is valued and how the day’s move compares with the previous close.
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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 Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Geekay Wires Share Price fall today?
Ans. The supplied data confirms that Geekay Wires Share Price fell 13.83% today, but it does not establish a company-specific catalyst. The stock closed at Rs 28.65 versus the previous close of Rs 33.25.
What is Geekay Wires Share Price Today?
Ans. Geekay Wires Share Price Today is Rs 28.65. The stock moved between Rs 33.72 and Rs 27.80 during the session and finished below its previous close of Rs 33.25. The previous close was Rs 33.25.
What is the market capitalisation of Geekay Wires?
Ans. Geekay Wires has a market capitalisation of Rs 347.53 crore. On the supplied classification, that places it in the Micro Cap category, which is useful context for Geekay Wires Share Price readers.
What are the key valuation metrics for Geekay Wires?
Ans. Geekay Wires has a P/E of 12.12 and a P/B of 2.01. Its EPS is Rs 2.74, book value is Rs 16.53 and dividend yield is 1.05%, giving investors a compact valuation snapshot.
How does Geekay Wires compare with its sector benchmark?
Ans. In the same industry benchmark of 140 companies, Geekay Wires’ P/E of 12.12 is below the median of 20.38, while ROE of 19.61% and ROCE of 17.07% are above the benchmark medians.
Which peers are relevant for Geekay Wires Share Price analysis?
Ans. The supplied peers include JSW Steel, Tata Steel, SAIL, Welspun Corp and APL Apollo Tubes. These names help place Geekay Wires Share Price alongside larger listed companies in the same industry set.