Precision Wires India Limited (PRECWIRE.BO)
Precision Wires India Limited operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Mumbai, MA, IN. The stock last traded at $458.80, down 2.06% on the session, giving a market capitalisation of $84.12B. Its beta of 0.49 implies it has historically moved less than the broad market.
Founded in 1989 and headquartered in Mumbai, India, Precision Wires India Limited specializes in the production and worldwide distribution of a comprehensive range of insulated electrical conductors. The company's offerings include enameled round winding wires, extensively used in electrical machinery such as motors, generators, transformers, household appliances, automotive electrical components, power tools, refrigeration motors, fans, switchgears, coils, relays, and ballasts. They also manufacture enameled rectangular copper wires, specifically designed for low and medium voltage electrical equipment like motors, generators, and transformers. Additionally, Precision Wires supplies continuously transposed conductors (CTCs) vital for power, furnace, and traction locomotive transformers, alongside chokes and inductance coils. Their portfolio further comprises rectangular copper conductors insulated with materials such as paper, Nomex, and mica tape, along with other specialized conductors, catering to applications in oil-filled power and distribution transformers, dry-type transformers, high-tension motors/generators, and traction equipment. The firm primarily serves the electrical and electronic sectors.
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