PRECWIRE | Swing Trade

Updated
📊 DETAILS
Sector: Cables
Mkt Cap: 2,345 cr

Precision Wires India Ltd is engaged in manufacturing Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor, and Paper / Mica / Nomex Insulated Copper Conductor. The Company primarily supplies to the OEM sector and to various industries like power, auto, consumer durables, transformers, construction etc. It is the largest producer of Winding Wires in South Asia.

TTM PE : 38.50 (High PE)
Sector PE : 71.04
Beta : 0.62

📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation

6.95% away from 52 week high
Outperformer - Precision Wires India up by 11.89% v/s NIFTY 50 up by 1.99% in last 1 month

📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Trade closed: target reached
T1
Trade closed: target reached
T2
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