{"id":244131,"date":"2026-09-11T13:40:30","date_gmt":"2026-09-11T08:10:30","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=244131"},"modified":"2026-09-11T13:40:30","modified_gmt":"2026-09-11T08:10:30","slug":"winding-wires-stock-rises-159-percent-in-1-year","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/","title":{"rendered":"This Winding Wires Stock Rises 159% in 1 Year: Record Profits Power the Rally"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Close Rs 464.65 (10 Sep 2026). 1Y return approx 159%. 52W range Rs 178.80 to Rs 524.90. Mcap approx Rs 8,466 Cr. Q1 FY27 PAT up 71.5%.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Precision Wires India has returned approximately 159% over one year to 10 September 2026, among the top 31 performers on a screen of 195 NSE small-cap stocks. The rise was driven by FY26 revenue growth of about 35%, profit growth of about 72% and a June 2026 quarter with profit up about 71.5%. Capacity expansion and demand from power equipment, appliances and EVs support the story, but the stock trades at about 48 times earnings.<\/p>\n<\/div>\n<p>This winding wires stock has gained approximately 159% in the past year, turning a holding of Rs 1 lakh into roughly Rs 2.59 lakh. The move came on the back of record revenue, profit that grew faster than sales and steady capacity additions, which is why this winding wires stock now sits near the top of the small-cap table.<\/p>\n<p>The company is <strong><a href='https:\/\/univest.in\/stocks\/precwire\/precision-wires-india-ltd-share-price-today'>Precision Wires India Ltd<\/a> (NSE: PRECWIRE)<\/strong>, the country&#8217;s largest maker of copper winding wires used in transformers, motors, fans, compressors and electric vehicles. The Precision Wires share price closed at Rs 464.65 on 10 September 2026, giving the company a market value of approximately Rs 8,466 crore. This winding wires stock was among the top 31 performers on a screen of 195 NSE small-cap stocks dated 11 September 2026.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href='https:\/\/univest.in\/user\/log-in'>Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#How_Much_Has_This_Winding_Wires_Stock_Gained\" title=\"How Much Has This Winding Wires Stock Gained?\">How Much Has This Winding Wires Stock Gained?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Why_Did_This_Winding_Wires_Stock_Rise_So_Sharply\" title=\"Why Did This Winding Wires Stock Rise So Sharply?\">Why Did This Winding Wires Stock Rise So Sharply?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#1_Record_FY26_Revenue_and_Profit\" title=\"1. Record FY26 Revenue and Profit\">1. Record FY26 Revenue and Profit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#2_A_Strong_Start_to_FY27\" title=\"2. A Strong Start to FY27\">2. A Strong Start to FY27<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#3_Capacity_Growth_and_Backward_Integration\" title=\"3. Capacity Growth and Backward Integration\">3. Capacity Growth and Backward Integration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#4_Structural_Demand_for_Copper_Winding_Wire\" title=\"4. Structural Demand for Copper Winding Wire\">4. Structural Demand for Copper Winding Wire<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#5_A_Late-August_Breakout\" title=\"5. A Late-August Breakout\">5. A Late-August Breakout<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Precision_Wires_Financials_Quarterly_Trend\" title=\"Precision Wires Financials: Quarterly Trend\">Precision Wires Financials: Quarterly Trend<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Is_This_Winding_Wires_Stock_Expensive_After_the_Rally\" title=\"Is This Winding Wires Stock Expensive After the Rally?\">Is This Winding Wires Stock Expensive After the Rally?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Shareholding_Foreign_Investors_Are_Rising\" title=\"Shareholding: Foreign Investors Are Rising\">Shareholding: Foreign Investors Are Rising<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Key_Risks_for_This_Winding_Wires_Stock\" title=\"Key Risks for This Winding Wires Stock\">Key Risks for This Winding Wires Stock<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Valuation_Risk\" title=\"Valuation Risk\">Valuation Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Thin_Margins_and_Copper_Volatility\" title=\"Thin Margins and Copper Volatility\">Thin Margins and Copper Volatility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Rising_Interest_Burden\" title=\"Rising Interest Burden\">Rising Interest Burden<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Competition\" title=\"Competition\">Competition<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Liquidity_and_Volatility_Risk\" title=\"Liquidity and Volatility Risk\">Liquidity and Volatility Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Precision_Wires_Share_Analyst_View\" title=\"Precision Wires Share: Analyst View\">Precision Wires Share: Analyst View<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Precision_Wires_Share_Price_Target\" title=\"Precision Wires Share Price Target\">Precision Wires Share Price Target<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Other_Stocks_to_Track_From_the_Same_Return_Screen\" title=\"Other Stocks to Track From the Same Return Screen\">Other Stocks to Track From the Same Return Screen<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Which_winding_wires_stock_rose_159_in_1_year\" title=\"Which winding wires stock rose 159% in 1 year?\">Which winding wires stock rose 159% in 1 year?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Why_did_the_Precision_Wires_share_price_rise\" title=\"Why did the Precision Wires share price rise?\">Why did the Precision Wires share price rise?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#What_were_Precision_Wires_Q1_FY27_results\" title=\"What were Precision Wires Q1 FY27 results?\">What were Precision Wires Q1 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Was_the_159_gain_affected_by_a_split_or_bonus\" title=\"Was the 159% gain affected by a split or bonus?\">Was the 159% gain affected by a split or bonus?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#What_is_the_52-week_high_and_low_of_Precision_Wires\" title=\"What is the 52-week high and low of Precision Wires?\">What is the 52-week high and low of Precision Wires?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#Is_this_winding_wires_stock_overvalued\" title=\"Is this winding wires stock overvalued?\">Is this winding wires stock overvalued?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#What_is_the_Precision_Wires_share_price_target\" title=\"What is the Precision Wires share price target?\">What is the Precision Wires share price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/winding-wires-stock-rises-159-percent-in-1-year\/#What_are_the_main_risks_in_Precision_Wires\" title=\"What are the main risks in Precision Wires?\">What are the main risks in Precision Wires?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_Much_Has_This_Winding_Wires_Stock_Gained\"><\/span><strong>How Much Has This Winding Wires Stock Gained?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The winding wires stock returned approximately 159% over one year, from a close of Rs 179.41 on 10 September 2025 to Rs 464.65 on 10 September 2026. Longer periods are even stronger for this winding wires stock, because the rally started well before the last year.<\/p>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Return (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1 Month<\/td>\n<td>Approximately 7.2%<\/td>\n<\/tr>\n<tr>\n<td>6 Months<\/td>\n<td>Approximately 31.8%<\/td>\n<\/tr>\n<tr>\n<td>1 Year<\/td>\n<td>Approximately 159%<\/td>\n<\/tr>\n<tr>\n<td>3 Years<\/td>\n<td>Approximately 357%<\/td>\n<\/tr>\n<tr>\n<td>5 Years<\/td>\n<td>Approximately 1,345%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>All figures are calculated from adjusted closing prices and are approximate. The company split its shares from Rs 5 to Re 1 face value in December 2021 and issued a 1:2 bonus in December 2022. Both events fall outside the 1-year window, so the 159% gain reflects real price appreciation and not a corporate action.<\/p>\n<p>A year ago this winding wires stock traded around Rs 179. It touched a 52-week low of Rs 178.80 on 10 September 2025 and a 52-week high of Rs 524.90 on 31 August 2026. The Precision Wires share price is now about 11% below that peak, and it traded near Rs 464 in early trade on 11 September 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Did_This_Winding_Wires_Stock_Rise_So_Sharply\"><\/span><strong>Why Did This Winding Wires Stock Rise So Sharply?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This winding wires stock rose because earnings accelerated sharply. Revenue grew about 35% in FY26 and profit grew about 72%, followed by an even faster June 2026 quarter. Capacity expansion, a better product mix and rising institutional interest added to the move.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Record_FY26_Revenue_and_Profit\"><\/span><strong>1. Record FY26 Revenue and Profit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue from operations climbed to approximately Rs 5,410 crore in FY26 from Rs 4,015 crore in FY25. Net profit rose to around Rs 155 crore from Rs 90 crore, an increase of about 72%. That was the fastest profit growth the winding wires stock had delivered in several years.<\/p>\n<p>The March 2026 quarter set the tone. Revenue from operations reached approximately Rs 1,743 crore against Rs 1,046 crore a year earlier, and profit jumped about 85% to Rs 54.9 crore. The winding wires stock rose more than 10% on 25 May 2026 to a then 52-week high of Rs 467.50.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_A_Strong_Start_to_FY27\"><\/span><strong>2. A Strong Start to FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In the June 2026 quarter, revenue from operations rose about 60% year on year to approximately Rs 1,770 crore. Net profit increased about 71.5% to Rs 46.45 crore, and earnings per share rose to Rs 2.54 from Rs 1.52. The winding wires stock gained 4.7% the day after the results, and it hit an intraday high of Rs 474.90 on 13 August.<\/p>\n<p>Margins were softer than in the March quarter, with an operating margin of about 4.8%. Even so, profit grew faster than revenue, helped by lower interest costs compared with the previous quarter.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Capacity_Growth_and_Backward_Integration\"><\/span><strong>3. Capacity Growth and Backward Integration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For this winding wires stock, installed capacity stood at approximately 55,000 tonnes a year in March 2026. The company expects about 61,700 tonnes by the end of FY27 and a target of 69,200 tonnes by the end of FY28. A copper refining and recycling facility in Gujarat, expected to start by the end of FY27, could supply a meaningful share of raw material needs and improve cost efficiency.<\/p>\n<p>In August 2026 the board approved raising Rs 150 crore through compulsorily convertible debentures issued at Rs 400 each, carrying a 12% coupon and convertible within 18 months. The money is meant for expansion, including the Silvassa facility. For a winding wires stock, fresh capacity matters because volume growth drives most of the earnings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Structural_Demand_for_Copper_Winding_Wire\"><\/span><strong>4. Structural Demand for Copper Winding Wire<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Demand for the products of this winding wires stock is coming from several directions. Power transmission and distribution spending needs more transformers, air conditioners and refrigerators use winding wire in their compressors, and electric and hybrid vehicles use two to three times more copper winding wire than conventional vehicles. Customers of this winding wires stock include large electrical equipment and auto component makers.<\/p>\n<p>The company is also pushing higher-margin rectangular wires and continuously transposed conductors used in power transformers. A richer product mix is one reason this winding wires stock has been able to grow profit faster than sales.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_A_Late-August_Breakout\"><\/span><strong>5. A Late-August Breakout<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>On 28 August 2026 the winding wires stock surged 20% to Rs 507.35, with trading volume more than 20 times its recent average. It set the current 52-week high of Rs 524.90 on the next trading day. No single announcement explained that session, which is a reminder that small-cap price moves can run ahead of news.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href='https:\/\/univest.in\/screeners'>Check the Univest Screener for Live Fundamentals of High-Return Stocks<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Precision_Wires_Financials_Quarterly_Trend\"><\/span><strong>Precision Wires Financials: Quarterly Trend<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The quarterly numbers show why the winding wires stock re-rated. Total income has grown in every quarter shown below, while profit has more than doubled from the level of two years ago.<\/p>\n<table>\n<thead>\n<tr>\n<th>Quarter<\/th>\n<th>Total Income (Rs Cr)<\/th>\n<th>Operating Profit (Rs Cr)<\/th>\n<th>OPM (%)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Jun 2025<\/td>\n<td>1,116<\/td>\n<td>59<\/td>\n<td>5.3<\/td>\n<td>27<\/td>\n<td>1.52<\/td>\n<\/tr>\n<tr>\n<td>Sep 2025<\/td>\n<td>1,237<\/td>\n<td>70<\/td>\n<td>5.7<\/td>\n<td>36<\/td>\n<td>1.98<\/td>\n<\/tr>\n<tr>\n<td>Dec 2025<\/td>\n<td>1,348<\/td>\n<td>75<\/td>\n<td>5.6<\/td>\n<td>38<\/td>\n<td>2.06<\/td>\n<\/tr>\n<tr>\n<td>Mar 2026<\/td>\n<td>1,763<\/td>\n<td>104<\/td>\n<td>5.9<\/td>\n<td>55<\/td>\n<td>3.00<\/td>\n<\/tr>\n<tr>\n<td>Jun 2026<\/td>\n<td>1,779<\/td>\n<td>85<\/td>\n<td>4.8<\/td>\n<td>46<\/td>\n<td>2.54<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Operating margins for a winding wires stock are thin, generally between 4% and 6%, because copper is passed through to customers. Most winding wire makers work on a conversion-based model, so earnings depend on volumes and value-added products rather than on copper prices.<\/p>\n<p>Interest cost is a watchpoint. It rose to about Rs 73 crore in FY26 from Rs 47 crore in FY25 as working capital needs grew with sales. The debt to equity ratio of approximately 0.38 is manageable, and return on equity is around 20%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_This_Winding_Wires_Stock_Expensive_After_the_Rally\"><\/span><strong>Is This Winding Wires Stock Expensive After the Rally?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Yes, on trailing earnings this winding wires stock looks expensive. It trades at a PE of approximately 48.5 against an industry PE of about 18.7, and at around 11 times book value. The market is paying for expected growth from new capacity and a better product mix.<\/p>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Close (10 Sep 2026)<\/td>\n<td>Rs 464.65<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Approximately Rs 8,466 Cr<\/td>\n<\/tr>\n<tr>\n<td>PE (TTM)<\/td>\n<td>48.49<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>18.68<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>10.96<\/td>\n<\/tr>\n<tr>\n<td>ROE<\/td>\n<td>20.10%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.38<\/td>\n<\/tr>\n<tr>\n<td>52-Week High \/ Low<\/td>\n<td>Rs 524.90 \/ Rs 178.80<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>A PE close to 2.6 times the industry average leaves limited room for disappointment. If quarterly profit growth slows, the Precision Wires share price could correct faster than the broader market.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shareholding_Foreign_Investors_Are_Rising\"><\/span><strong>Shareholding: Foreign Investors Are Rising<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Promoters hold approximately 56.61% of this winding wires stock, a small dip from 57.93% a year earlier. Foreign investors have raised their stake steadily, from 0.76% in June 2025 to 2.47% in June 2026. Domestic institutions remain almost absent at 0.15%.<\/p>\n<table>\n<thead>\n<tr>\n<th>Holder<\/th>\n<th>Jun 2025<\/th>\n<th>Sep 2025<\/th>\n<th>Dec 2025<\/th>\n<th>Mar 2026<\/th>\n<th>Jun 2026<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Promoters<\/td>\n<td>57.93%<\/td>\n<td>57.48%<\/td>\n<td>56.61%<\/td>\n<td>56.61%<\/td>\n<td>56.61%<\/td>\n<\/tr>\n<tr>\n<td>FIIs<\/td>\n<td>0.76%<\/td>\n<td>0.75%<\/td>\n<td>1.32%<\/td>\n<td>1.65%<\/td>\n<td>2.47%<\/td>\n<\/tr>\n<tr>\n<td>DIIs<\/td>\n<td>0.01%<\/td>\n<td>0.01%<\/td>\n<td>0.06%<\/td>\n<td>0.11%<\/td>\n<td>0.15%<\/td>\n<\/tr>\n<tr>\n<td>Public<\/td>\n<td>41.31%<\/td>\n<td>41.75%<\/td>\n<td>42.00%<\/td>\n<td>41.63%<\/td>\n<td>40.77%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The number of shareholders rose to about 67,461 in June 2026 from about 59,183 a year earlier. Low institutional ownership means the winding wires stock is driven mostly by retail and high-net-worth buying, which can make moves sharper in both directions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_for_This_Winding_Wires_Stock\"><\/span><strong>Key Risks for This Winding Wires Stock<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The rally has been powerful, but the risks are real and should be weighed before buying this winding wires stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Risk\"><\/span><strong>Valuation Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At roughly 48 times earnings, the winding wires stock prices in several years of strong growth. Any slowdown in volumes or a weak quarter could trigger a sharp de-rating.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Thin_Margins_and_Copper_Volatility\"><\/span><strong>Thin Margins and Copper Volatility<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Operating margins of around 5% leave little buffer. Sudden swings in copper prices can hurt a winding wires stock through working capital and inventory values, even under a pass-through model.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Rising_Interest_Burden\"><\/span><strong>Rising Interest Burden<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Finance costs at this winding wires stock rose sharply in FY26, and the new convertible debentures carry a 12% coupon. Conversion within 18 months will also dilute existing shareholders.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Competition\"><\/span><strong>Competition<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Unorganised players compete aggressively on price in standard products, which limits pricing power for any winding wires stock in this segment.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Volatility_Risk\"><\/span><strong>Liquidity and Volatility Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This winding wires stock is a small cap with limited institutional ownership. It fell about 20% from Rs 356 to Rs 280 within a few sessions in March 2026 and swung between Rs 352 and Rs 525 in the last two months. Trading volumes can drop sharply on quiet days, which widens price gaps.<\/p>\n<p style=\"margin-top:24px;\"><strong>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the Precision Wires share price live<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Precision_Wires_Share_Analyst_View\"><\/span><strong>Precision Wires Share: Analyst View<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Coverage of this winding wires stock is thin. In October 2025, a domestic brokerage initiated coverage with a buy rating and a target of Rs 281 when the share traded near Rs 212. It projected FY25 to FY28 profit growth of about 38% a year and EBITDA margins rising towards 6.5% by FY28.<\/p>\n<p>This winding wires stock has since moved far past that level. A credit rating agency has also said it expects better operating competitiveness and margins over the medium term, supported by higher volumes and a premium product mix.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Precision_Wires_Share_Price_Target\"><\/span><strong>Precision Wires Share Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The only verified Precision Wires share price target is the Rs 281 set in October 2025, which the stock crossed within months. No updated brokerage Precision Wires share price target has been verified since the Q1 FY27 results, so investors should treat the old figure as outdated.<\/p>\n<p>In the absence of a fresh Precision Wires share price target, price levels offer a guide. The 52-week high of Rs 524.90 is the nearest resistance, while the Rs 405 to Rs 410 zone, where the stock found support in late August, is a level to watch on the downside.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Other_Stocks_to_Track_From_the_Same_Return_Screen\"><\/span><strong>Other Stocks to Track From the Same Return Screen<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond this winding wires stock, a screen of 195 small-cap NSE stocks dated 11 September 2026 also includes related names such as <a href=\"https:\/\/univest.in\/stocks\/vmarcind\/v-share-price-today\">V-Marc India<\/a> with a 1-year return of 381.30%, <a href=\"https:\/\/univest.in\/stocks\/rpel\/raghav-productivity-enhancers-ltd-share-price-today\">Raghav Productivity<\/a> at 159.08% and <a href=\"https:\/\/univest.in\/stocks\/diacabs\/diamond-power-infrastructure-ltd-share-price-today\">Diamond Power<\/a> at 137.76%.<\/p>\n<p>Among the names covered from that screen, <a href=\"https:\/\/univest.in\/stocks\/mtartech\/mtar-technologies-ltd-share-price-today\">MTAR Technologies<\/a> returned 396.53% over one year. Readers can compare this winding wires stock with the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> benchmark and track each of these names on Univest before making any decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This winding wires stock earned its 159% gain through results: revenue up about 35% in FY26, profit up about 72%, and a June quarter with profit up about 71.5%. New capacity, backward integration into copper and demand from power, appliances and electric vehicles support the growth story.<\/p>\n<p>The risks are just as clear. The winding wires stock trades at close to 48 times earnings, margins are thin, interest costs are rising and small-cap liquidity can amplify falls. Investors tracking the Precision Wires share price may prefer staggered entries and a close watch on quarterly volume growth rather than chasing the recent breakout in this winding wires stock.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information and may or may not be accurate. Please verify all data independently before making any investment decision. Past returns do not guarantee future returns. 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_winding_wires_stock_rose_159_in_1_year\"><\/span><strong>Which winding wires stock rose 159% in 1 year?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Precision Wires India Ltd (NSE: PRECWIRE) is the winding wires stock that returned approximately 159% over one year as of 10 September 2026. It was among the top 31 performers on a screen of 195 NSE small-cap stocks dated 11 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_Precision_Wires_share_price_rise\"><\/span><strong>Why did the Precision Wires share price rise?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Precision Wires share price rose on strong earnings, with FY26 revenue up about 35% and profit up about 72%. Q1 FY27 profit grew about 71.5%, and capacity expansion plus demand from power, appliances and EVs added support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Precision_Wires_Q1_FY27_results\"><\/span><strong>What were Precision Wires Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue from operations rose about 60% year on year to approximately Rs 1,770 crore. Net profit rose about 71.5% to Rs 46.45 crore, and EPS increased to Rs 2.54 from Rs 1.52.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Was_the_159_gain_affected_by_a_split_or_bonus\"><\/span><strong>Was the 159% gain affected by a split or bonus?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. The company split shares to Re 1 face value in December 2021 and issued a 1:2 bonus in December 2022, both outside the 1-year window. The 1-year gain reflects actual price movement.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_52-week_high_and_low_of_Precision_Wires\"><\/span><strong>What is the 52-week high and low of Precision Wires?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The 52-week high is Rs 524.90, touched on 31 August 2026, and the 52-week low is Rs 178.80 from 10 September 2025. The share closed at Rs 464.65 on 10 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_winding_wires_stock_overvalued\"><\/span><strong>Is this winding wires stock overvalued?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On trailing numbers it looks expensive, with a PE of approximately 48.5 against an industry PE of around 18.7 and a price to book of about 11. The valuation depends on the company keeping its high profit growth going.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Precision_Wires_share_price_target\"><\/span><strong>What is the Precision Wires share price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The only verified brokerage target is Rs 281, set in October 2025, and the stock has already moved well above it. No updated target has been verified since the latest results, so key levels are the Rs 524.90 high and support near Rs 405.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_in_Precision_Wires\"><\/span><strong>What are the main risks in Precision Wires?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are a high valuation, thin margins of around 5%, rising interest costs and dilution from convertible debentures. As a small cap with low institutional holding, it can also be highly volatile and less liquid.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which winding wires stock rose 159% in 1 year?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Precision Wires India Ltd (NSE: PRECWIRE) is the winding wires stock that returned approximately 159% over one year as of 10 September 2026. It was among the top 31 performers on a screen of 195 NSE small-cap stocks dated 11 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Why did the Precision Wires share price rise?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Precision Wires share price rose on strong earnings, with FY26 revenue up about 35% and profit up about 72%. Q1 FY27 profit grew about 71.5%, and capacity expansion plus demand from power, appliances and EVs added support.\"}},{\"@type\":\"Question\",\"name\":\"What were Precision Wires Q1 FY27 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue from operations rose about 60% year on year to approximately Rs 1,770 crore. Net profit rose about 71.5% to Rs 46.45 crore, and EPS increased to Rs 2.54 from Rs 1.52.\"}},{\"@type\":\"Question\",\"name\":\"Was the 159% gain affected by a split or bonus?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. The company split shares to Re 1 face value in December 2021 and issued a 1:2 bonus in December 2022, both outside the 1-year window. The 1-year gain reflects actual price movement.\"}},{\"@type\":\"Question\",\"name\":\"What is the 52-week high and low of Precision Wires?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 52-week high is Rs 524.90, touched on 31 August 2026, and the 52-week low is Rs 178.80 from 10 September 2025. The share closed at Rs 464.65 on 10 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Is this winding wires stock overvalued?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On trailing numbers it looks expensive, with a PE of approximately 48.5 against an industry PE of around 18.7 and a price to book of about 11. The valuation depends on the company keeping its high profit growth going.\"}},{\"@type\":\"Question\",\"name\":\"What is the Precision Wires share price target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The only verified brokerage target is Rs 281, set in October 2025, and the stock has already moved well above it. No updated target has been verified since the latest results, so key levels are the Rs 524.90 high and support near Rs 405.\"}},{\"@type\":\"Question\",\"name\":\"What are the main risks in Precision Wires?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are a high valuation, thin margins of around 5%, rising interest costs and dilution from convertible debentures. As a small cap with low institutional holding, it can also be highly volatile and less liquid.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A copper winding wire maker has more than doubled investor money in a year. Here is what drove the 159% rally, how profits have grown and what could go wrong.<\/p>\n","protected":false},"author":29,"featured_media":244130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[],"class_list":["post-244131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["244130"],"rank_math_title":["Winding Wires Stock Up 159% in 1 Year: Growth, Risks, Valuation"],"rank_math_description":["This winding wires stock rose approximately 159% in 1 year on record FY26 profit and a strong Q1 FY27. See financials, shareholding, valuation, targets and risks."],"rank_math_focus_keyword":["winding wires stock"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/winding-wires-stock-rises-159-percent-in-1-year.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/244131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=244131"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/244131\/revisions"}],"predecessor-version":[{"id":244132,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/244131\/revisions\/244132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/244130"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=244131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=244131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=244131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}