Precision Wires India Share Price Jumps 17% to Record High After Q3 FY26 Earnings Net Profit Nearly Doubles

Precision Wires India share price (NSE: PRECWIRE) climbed about 17% in Monday’s trading, touching a new high near ₹306 on the NSE.
The rally came alongside strong trading volumes and clear outperformance versus the broader market. Over the past year, the stock has delivered gains of more than 100%.

Precision Wires India Q3FY26 Financial Performance

The company reported solid third-quarter results:

• Net profit jumped about 99% year-on-year to ₹37.69 crore
• Revenue from operations increased around 36.5% to ₹1,336.9 crore

These strong earnings were a key reason for the sharp rise in the share price.

Expansion and Capacity Growth

Precision Wires India continues to expand production capacity:

• Around 6,000 MTPA of copper winding wire capacity was added at Silvassa, taking the total capacity to 55,000 MTPA
• Ongoing projects may raise total capacity to about 68,000 MTPA by FY28
• A copper rod project in Valvada is under trial production, with commercial launch expected in Q1FY27
• A copper recycling project in Zaroli may begin commercial production in Q2FY27

These developments indicate strong long-term growth plans.

Dividend Announcement

The company declared a second interim dividend of ₹0.35 per share, with February 19 set as the record date to determine shareholder eligibility.

Read More: RBI to Overhaul Lead Bank Scheme for Enhanced Effectiveness!

Conclusion

Precision Wires India’s sharp rally reflects strong quarterly earnings and steady capacity expansion. Continued execution of growth projects and sustained financial performance will be important for maintaining this upward momentum.

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