Precision Wires India
234.95
-7.65(-3.15%)
Market Cap₹- Cr
PE Ratio-
Company Performance:
1D-3.15%
1M+2.54%
6M+26.82%
1Y+21.60%
5Y+971.36%
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More news about Precision Wires India
29Jul 25
Precision Wires India Secures Rs 62.65 Crore Through Preferential Allotment
Precision Wires India Limited (PWIL) has completed a capital raise of Rs 62.65 crore through a preferential allotment to three non-promoter investors. The company issued 13,83,000 equity shares at Rs 151 per share, raising Rs 20.88 crore. Additionally, 27,67,000 convertible warrants were issued at Rs 151 each, with 25% upfront payment received. The investors include Saraswati Commercial India Limited, Sapientia Holdings LLP, and Trishakti Power Holding Private Limited. The allotment complies with SEBI regulations and the Companies Act, 2013. PWIL will soon file for listing and trading of the new equity shares.
24Jul 25
Precision Wires India Secures Exchange Approval for Rs 62.7 Crore Preferential Issue and Submits Fourth Addendum to Valuation Report
Precision Wires India Limited (PWIL) has received in-principle approval from NSE and BSE for a preferential issue to non-promoters, allowing the company to raise approximately Rs 62.66 crore. The issue includes 13,83,000 equity shares at Rs 151 per share and 27,67,000 convertible warrants at a minimum price of Rs 151. The approval is subject to conditions including filing listing applications, obtaining statutory approvals, and complying with regulations. PWIL must implement stronger internal controls to monitor trades by allottees. The fair market value per share is determined at Rs 150.44 based on SEBI regulations.
19May 25
Precision Wires India Ltd. Soars on Strong Q4 Performance
Precision Wires India Ltd. reported impressive Q4 results, with revenue up 19% to Rs 1,046.00 crore, EBITDA up 36% to Rs 50.60 crore, and net profit up 35% to Rs 29.60 crore year-over-year. The company's stock price jumped 10.11% to Rs 182.60 in response to the positive financial performance.
17May 25
Precision Wires India Expands Capacity and Reports Strong Q4 Results
Precision Wires India Ltd has upgraded its winding wires expansion project from 6,100 MT/year to 6,800 MT/year, with a revised cost of Rs 67.00 crore. The company increased its borrowing limit from Rs 1,500.00 crore to Rs 2,500.00 crore. Q4 financial results show significant growth: revenue up 19.1% to Rs 10.46 billion, EBITDA up 35.7% to Rs 506 million, and net profit up 35.2% to Rs 296 million. EBITDA margin improved by 59 basis points to 4.84%.
12May 25
Precision Wires India to Explore Fund Raising via QIP, Board Meeting Scheduled
Precision Wires India Ltd (PWIL) has announced a board meeting on May 17, 2023, to discuss potential fund-raising options, with a focus on Qualified Institutional Placement (QIP). The meeting could lead to significant decisions affecting the company's financial strategy and future growth plans. QIP allows listed companies to quickly raise capital from institutional investors through equity shares or convertible securities.
Precision Wires India
234.95
-7.65
(-3.15%)
1 Year Returns:+21.60%
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