Precision Wires India (PRECWIRE) Share Price Falls 5.24%: What Happened Today
- August 25, 2026
- Posted by: Harsh Piplani
- Category: News
Precision Wires India Share Price fell today as Precision Wires India recorded a 5.24% decline to Rs 406.7, with a market capitalisation of Rs 8,008.75 crore. The move keeps Precision Wires India Share Price Today in focus for market participants tracking Precision Wires India Stock News and Precision Wires India Share News. The supplied data confirms the price event, but it does not establish a company-specific catalyst. What it does show is a lower close than the previous session, a gap between the day’s high and low, and a turnover of Rs 1.16 crore. In Univest terms, this is a clean price-action update that can be read alongside the stock’s fundamentals, sector benchmark and peer valuation context.
For readers searching Precision Wires India Share Price Today or Why Is Precision Wires India Falling Today, the verified facts are straightforward: the stock opened at Rs 421.55, touched Rs 426 and Rs 406, and ended below the previous close of Rs 429.2. Univest tracks such moves with a focus on factual market context rather than unsupported explanations. In this case, the event is visible in the day’s numbers, while the reason remains unconfirmed in the supplied dataset.
Precision Wires India (PRECWIRE) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 406.7 |
| Previous Close | Rs 429.2 |
| Today's Move | -Rs 22.50 (-5.24%) |
| Open | Rs 421.55 |
| High | Rs 426 |
| Low | Rs 406 |
| Turnover | Rs 1.16 crore |
| Market Capitalisation | Rs 8,008.75 crore |
| Market Cap Category | Mid Cap |
Precision Wires India Share Price Today ended at Rs 406.7, down Rs 22.5 from the previous close of Rs 429.2. That is a 5.24% decline for the session. The stock opened at Rs 421.55, traded to a high of Rs 426 and a low of Rs 406, and finished very close to the day’s low. This places today’s Precision Wires India Share Price fall firmly within an event-led move that is visible in the market data, without attributing the change to any unverified trigger.
Turnover stood at Rs 1.16 crore. The company’s market-cap category is Mid Cap, and the market capitalisation is Rs 8,008.75 crore. Those two figures give useful context for Precision Wires India Stock News because they frame the move against the company’s size, but they do not explain the cause of the decline. The session also shows that Precision Wires India Share Price News today was driven by a clear drop versus the previous close, not by a wide intraday recovery.
For investors following Precision Wires India Share Price Update, the key factual takeaway is that the stock ended lower, below the prior close and near the day’s low. That makes today’s move important in the short-term price record and sets up the next section, where Univest looks at the company’s valuation and financial metrics.
Precision Wires India (PRECWIRE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 8,008.75 crore |
| P/E Ratio | 44.93x |
| P/B Ratio | 9.58x |
| ROE | 23.03% |
| ROCE | 33.09% |
| EPS | Rs 9.55 |
| Book Value Per Share | Rs 44.79 |
| Dividend Yield | 0.29% |
Precision Wires India Share Price now sits alongside a valuation profile that is materially above the supplied cable-industry benchmark. The stock’s P/E ratio is 44.93, versus the sector median of 26.48 and the sector average of 34.25 across a benchmark scope of 32 companies in the same industry. Its P/B ratio is 9.58, compared with a sector median of 3.04. On these numbers, Precision Wires India Share Price reflects richer valuation multiples than the sector centre of gravity.
The operating return ratios are comparatively stronger than the benchmark medians. ROE is 23.03, above the sector median of 14.48, while ROCE is 33.09, above the sector median of 18.91. EPS is Rs 9.55, book value is Rs 44.79 and dividend yield is 0.29. These three metrics matter because EPS shows earnings attributable to each share, book value per share shows accounting net worth per share, and dividend yield shows the historical payout relative to the current price. Together, they add depth to Precision Wires India Stock Analysis.
Market capitalisation is Rs 8,008.75 crore, which positions the company within the Mid Cap category supplied by the workflow. Enterprise value was not supplied, so the article stays with the verified data. In Univest coverage, this combination of elevated multiples and strong return ratios can help explain why Precision Wires India Share Price remains a stock to watch even on a down day, while still avoiding any claim that today’s move was caused by fundamentals alone.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Electricals |
| Industry | Cable |
| Benchmark Scope | same industry |
| Company P/E Ratio | 44.93x |
| Benchmark Median P/E | 26.48x |
| Benchmark Average P/E | 34.25x |
| Benchmark P/E Range | 1.35x to 138.97x |
| Company P/B Ratio | 9.58x |
| Benchmark Median P/B | 3.04x |
| Benchmark Average P/B | -7.44x |
| Company ROE | 23.03% |
| Benchmark Median ROE | 14.48% |
| Benchmark Average ROE | 5.42% |
| Company ROCE | 33.09% |
| Benchmark Median ROCE | 18.91% |
| Benchmark Average ROCE | 19.65% |
| Company Market Capitalisation | Rs 8,008.75 crore |
| Benchmark Median Market Cap | Rs 562.77 crore |
| Benchmark Average Market Cap | Rs 10,312.79 crore |
Precision Wires India Share Price should also be read against the Electricals sector and Cable industry context. The benchmark scope covers 32 companies in the same industry, giving a usable reference set for Precision Wires India Fundamental Analysis and sector comparison. On valuation, the company’s P/E of 44.93 is above the benchmark median of 26.48 and above the benchmark average of 34.25. Its P/B of 9.58 is also above the benchmark median of 3.04 and above the benchmark average of -7.44, though the average is distorted by negative values in the broader set.
On profitability-style return measures, Precision Wires India Share Price is backed by ROE of 23.03 and ROCE of 33.09, both above the benchmark medians of 14.48 and 18.91 respectively. That comparison does not indicate future performance; it only shows how the company sits relative to the same-industry field supplied in the data. The sector benchmark also shows a median market capitalisation of Rs 562.77 crore and an average of Rs 10,312.79 crore, while Precision Wires India’s market cap is Rs 8,008.75 crore.
For readers following Precision Wires India Stock News, sector analysis helps separate today’s share price fall from longer-run valuation context. Univest uses this lens to compare Precision Wires India Share Price with the cable-industry range rather than treating a one-day decline as a standalone story.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Polycab India | POLYCAB | 1,34,946.73 | 47.66 | 10.74 | 25.03 | 34.93 |
| KEI Industries | KEI | 52,867.61 | 52.58 | 7.55 | 15.63 | 21.47 |
| RR Kabel | RRKABEL | 33,021.15 | 53.35 | 11.67 | 20.83 | 28.43 |
| Sterlite Technologies | STLTECH | 32,163.14 | 138.97 | 8.82 | 2.73 | 8.38 |
| Diamond Power Infrastructure | DIACABS | 21,297.31 | 107.65 | 22.22 | 0 | 0 |
Peer Comparison gives more context to Precision Wires India Share Price. Among the supplied listed peers, Polycab India has a higher market cap of Rs 1,34,946.73 crore, P/E of 47.66, P/B of 10.74, ROE of 25.03 and ROCE of 34.93. KEI Industries reports a P/E of 52.58, P/B of 7.55, ROE of 15.63 and ROCE of 21.47, while RR Kabel shows a P/E of 53.35, P/B of 11.67, ROE of 20.83 and ROCE of 28.43.
Against those names, Precision Wires India Share Price carries a lower market cap than the larger listed cable peers but a P/E of 44.93 that remains above Finolex Cables at 24.64 and Universal Cables at 28.33. Its P/B of 9.58 is above Finolex Cables at 3.13 and Universal Cables at 2.95, while ROE of 23.03 and ROCE of 33.09 are stronger than several peers and close to Polycab in the same direction. This is the kind of relative structure Univest highlights in Precision Wires India Stock Analysis.
One peer, Sterlite Technologies, has a P/E of 138.97 and a much lower ROE of 2.73 and ROCE of 8.38, showing how wide the industry spread can be. Diamond Power Infrastructure has P/B of 22.22 with ROE and ROCE both at 0, which further underlines the variation across the cable space. Precision Wires India Share Price therefore sits in a comparatively detailed peer set rather than in isolation.
Why Investors Are Watching Precision Wires India
- Precision Wires India Share Price fell 5.24% today to Rs 406.7.
- The stock closed below the previous close of Rs 429.2 after opening at Rs 421.55.
- Today’s range was Rs 426 on the upside and Rs 406 on the downside.
- Market capitalisation stands at Rs 8,008.75 crore, with the company in the Mid Cap category.
- P/E of 44.93, P/B of 9.58, ROE of 23.03 and ROCE of 33.09 provide the fundamental context used in Univest coverage.
About Precision Wires India
Precision Wires India operates in the Electricals sector and Cable industry. The supplied data identifies the company through those classifications and through its market presence on NSE and BSE. In this article, Univest has kept the company profile strictly to verified inputs, so the reader can separate the business classification from the day’s market movement. For Precision Wires India Share Price watchers, that distinction matters because today’s decline is a market event, while the business context remains anchored to sector and industry data.
Track Precision Wires India Share Price on Univest
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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 Precision Wires India Share Price fall today?
Ans. The supplied data confirms that Precision Wires India Share Price fell 5.24% today, but it does not establish a company-specific catalyst. The verified move is visible in the open, high, low, previous close and final price.
What is Precision Wires India Share Price today?
Ans. Precision Wires India Share Price today is Rs 406.7. It was lower by Rs 22.5 from the previous close of Rs 429.2, which makes today’s session a clear decline in the stock’s price action.
What was the day’s price range for Precision Wires India Share Price?
Ans. Precision Wires India traded between Rs 406 and Rs 426 today. The stock opened at Rs 421.55 and closed near the lower end of the range, below the previous close.
How is Precision Wires India valued versus the cable sector?
Ans. Precision Wires India Share Price trades on a P/E of 44.93 and a P/B of 9.58, both above the sector medians of 26.48 and 3.04. Its ROE and ROCE also sit above benchmark medians.
What does Precision Wires India Share Price data show about fundamentals?
Ans. The company reports EPS of Rs 9.55, book value of Rs 44.79 and dividend yield of 0.29. These figures, along with ROE of 23.03 and ROCE of 33.09, give useful context for Precision Wires India Stock News.
