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Precision Wires India (PRECWIRE) Share Price Falls 5.01% as Mid Cap Stock Trades Lower

21 Oct 2026 • 12:07 pm

Precision Wires India (PRECWIRE) Share Price Falls 5.01% as Mid Cap Stock Trades Lower
Precision Wires India (PRECWIRE) share price fell to Rs 409.35 today, down 5.01% from the previous close. Market cap was Rs 7,878.04 crore.

Precision Wires India Share Price was at Rs 409.35 at 11:53:17 AM IST on 21 October 2026, down 5.01% from the previous close, with a market capitalisation of Rs 7,878.04 crore. The move puts Precision Wires India Share Price in focus for investors tracking Precision Wires India Share Price Today, Precision Wires India Stock News and Precision Wires India Share Price News. Univest data confirms the move itself, though no company-specific trigger has been identified. The stock is trading as a Mid Cap company, and the latest Univest figures show that the decline took place in the current session rather than after an already completed day of trade.

For readers looking at Precision Wires India Share Price, the main question is not only the fall itself but also what the numbers say about valuation, profitability and peer positioning. Precision Wires India Share Price has moved into a lower band after opening near the previous close, and the company’s financial ratios remain central to the stock analysis. Univest data points to a premium valuation versus the cable industry median, while ROE and ROCE remain relatively strong inside the same industry set.

Precision Wires India (PRECWIRE) Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 409.35
Previous Close Rs 430.95
Today's Move -Rs 21.60 (-5.01%)
Open Rs 431.1
High Rs 432
Low Rs 406.8
Market Capitalisation Rs 7,878.04 crore
Market Cap Category Mid Cap

Precision Wires India Share Price opened at Rs 431.10, touched a high of Rs 432 and a low of Rs 406.80, and last traded at Rs 409.35. The stock fell Rs 21.60, or 5.01%, versus the previous close of Rs 430.95. That places Precision Wires India Share Price below the opening level and closer to the day’s lower end than the intraday high. The market capitalisation of Rs 7,878.04 crore keeps Precision Wires India in the Mid Cap category, which is useful context for understanding the size of the company without implying anything about quality. In Precision Wires India Share Price Today commentary, the key fact is the size of the move and the position of the stock within the day’s range. Precision Wires India Share Price remains the headline event in Precision Wires India Stock News, and the price action itself is fully established. The next layer is the fundamental analysis behind the move.

Precision Wires India (PRECWIRE) Fundamental Analysis

Metric Value
Market Capitalisation Rs 7,878.04 crore
P/E Ratio 45.11x
P/B Ratio 9.62x
ROE 23.03%
ROCE 33.09%
EPS Rs 9.55
Book Value Per Share Rs 44.79
Dividend Yield 0.29%

Precision Wires India (PRECWIRE) fundamental metrics show P/E 45.11x, P/B 9.62x, ROE 23.03%, ROCE 33.09%. Read together, these ratios describe the company's position rather than a recommendation.

Precision Wires India has a market capitalisation of Rs 7,878.04 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 45.11x, P/B at 9.62x 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 0.29%, 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 26.57x, median ROE of 12.33%, median ROCE of 17.71%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.

Sector and Industry Context

Metric Value
Sector Electricals
Industry Cable
Benchmark Scope same industry
Company P/E Ratio 45.11x
Benchmark Median P/E 26.57x
Benchmark Average P/E 35.88x
Benchmark P/E Range 1.27x to 187.84x
Company P/B Ratio 9.62x
Benchmark Median P/B 2.72x
Benchmark Average P/B -8.06x
Company ROE 23.03%
Benchmark Median ROE 12.33%
Benchmark Average ROE 0.8%
Company ROCE 33.09%
Benchmark Median ROCE 17.71%
Benchmark Average ROCE 17.54%
Company Market Capitalisation Rs 7,878.04 crore
Benchmark Median Market Cap Rs 620.22 crore
Benchmark Average Market Cap Rs 9,495.11 crore

Precision Wires India (PRECWIRE) operates in the Electricals sector, within the Cable industry.

Precision Wires India (PRECWIRE) has a P/E ratio of 45.11x, which is above the benchmark median of 26.57x, a difference of +69.78%. The P/E comparison frames valuation; it is not a signal to buy or sell.

Precision Wires India (PRECWIRE) has a ROE of 23.03%, which is above the benchmark median of 12.33%, a difference of +86.78%. Precision Wires India (PRECWIRE) has a ROCE of 33.09%, which is above the benchmark median of 17.71%, a difference of +86.84%.

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 1,20,866.71 38.3 9.23 25.03 34.93
Sterlite Technologies STLTECH 45,645.73 187.84 11.93 2.73 8.38
KEI Industries KEI 42,514.47 42.65 6.13 14.77 20.23
RR Kabel RRKABEL 26,996.59 44.43 9.72 20.83 28.43
Diamond Power Infrastructure DIACABS 20,705.22 105.36 19.38 NA 11.8

Precision Wires India (PRECWIRE) has a P/E ratio of 45.11x compared with the displayed peer median of 44.43x. Peer multiples give relative context only, not a buy or sell view. Its ROE of 23.03% compares with a peer median of 17.8% 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 7,878.04 crore. All 5 peers shown have a larger market capitalisation.

Why Investors Are Watching Precision Wires India

  • Precision Wires India Share Price fell 5.01% to Rs 409.35, making the latest session a clear event for market tracking.
  • The company remains a Mid Cap stock with market capitalisation of Rs 7,878.04 crore, which keeps Precision Wires India Share Price relevant for valuation comparison.
  • P/E of 45.11 and P/B of 9.62 place Precision Wires India Share Price above the industry median on valuation.
  • ROE of 23.03% and ROCE of 33.09% keep Precision Wires India Share Price in focus on return metrics.
  • Peer comparison shows Precision Wires India Share Price trading above several cable industry valuation medians while still below the largest sector names.

About Precision Wires India

Precision Wires India operates in the Electricals sector and the Cable industry. The company’s business is associated with cables, which places Precision Wires India Share Price in a sector where product demand, pricing, margins and capital allocation are often watched closely. In the listed peer universe, the company sits alongside large cable and electrical names such as Polycab India, KEI Industries, RR Kabel and Finolex Cables That industry setting matters because Precision Wires India Share Price is assessed not only on the day’s move but also on how it compares with peers on returns and valuation.

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.

Investors can track Precision Wires India Share Price on Univest for live price movement, valuation ratios, 52-week levels and market insights in one place. The platform also helps readers follow Precision Wires India Stock News, Precision Wires India Share Price Today updates and key company metrics without breaking the flow of research. For anyone monitoring Precision Wires India Share Price, Univest keeps the focus on verified numbers and relevant context.

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

Why did Precision Wires India Share Price fall today?

Ans. Precision Wires India Share Price fell 5.01% to Rs 409.35 in the latest session. Univest data confirms the move itself, though no company-specific trigger has been identified. The move is visible in the day’s open, high, low and.

What is Precision Wires India Share Price today?

Ans. Precision Wires India Share Price was last traded at Rs 409.35 at 11:53:17 AM IST on 21 October 2026. The stock was down Rs 21.60 from the previous close of Rs 430.95, which places the move clearly in today’s trade.

Is Precision Wires India a Mid Cap stock?

Ans. Yes. Precision Wires India Share Price sits in the Mid Cap category with market capitalisation of Rs 7,878.04 crore. That size context is useful when comparing the stock with cable peers across the Electricals sector.

What does Precision Wires India Share Price valuation show?

Ans. Precision Wires India Share Price trades at a P/E of 45.11 and a P/B of 9.62. Both readings are above the industry median in the same-industry cable benchmark, so valuation remains an important part of the discussion.

How do ROE and ROCE look for Precision Wires India?

Ans. Precision Wires India Share Price is supported by ROE of 23.03% and ROCE of 33.09%. These figures are above the industry median in the cable benchmark, which is why the stock remains part of investor attention.

What is the EPS of Precision Wires India?

Ans. EPS for Precision Wires India is Rs 9.55. EPS shows earnings attributable to each share, and it helps readers relate Precision Wires India Share Price to the company’s per-share earnings base and valuation multiples.

What is the book value of Precision Wires India?

Ans. Precision Wires India has a book value of Rs 44.79 per share. Book value per share reflects the accounting net worth behind each share, and it is one of the key figures used in Precision Wires India Share Price analysis.

What is the dividend yield for Precision Wires India?

Ans. The dividend yield is 0.29%. Dividend yield is a historical payout measure relative to the current price, so it gives an additional context point for Precision Wires India Share Price alongside valuation and return ratios.

How does Precision Wires India compare with peers?

Ans. Precision Wires India Share Price is below Polycab India on market capitalisation, and its P/E is higher than several cable peers but lower than Sterlite Technologies and Diamond Power Infrastructure Peer comparison remains central to the stock.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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