Corporate Actions
Precision Wires India spurts on BIS certification for copper wire rods

18-Mar-26   14:35 Hrs IST
The certification has been granted in accordance with IS 12444 standards, enabling the company to expand its manufacturing capabilities in copper wire rods. The company added that it is awaiting the formal certificate copy from the Bureau of Indian Standards.

Precision Wires said commercial production and dispatch of the product are expected to commence before the end of the current financial year. The copper wire rods will be primarily used for captive consumption.

Precision Wires India is engaged in the manufacturing of enamelled round and rectangular copper winding wires, continuously transposed conductors (CTC) and paper/mica/nomex insulated copper conductors (PICC). These products are primarily used in the electrical and electronics industries.

The company's standalone net profit jumped 98.89% to Rs 37.69 crore on 36.55% increase in revenue from operations to Rs 1336.93 crore in Q3 FY26 over Q3 FY25.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.