Precision Wires Share Price in Focus; Commences Copper Cathode Production at Zaroli, Gujarat

Precision Wires India Limited has started commercial production of copper cathodes at its copper refining and recycling facility in Zaroli, Gujarat. The company announced the development on October 29, 2026. 

The announcement confirms that the facility has entered the commercial production stage. Precision Wires had previously issued a communication regarding the facility on 17 September 2026. 

Company Outlines Expected Benefits 

Precision Wires expects the facility to have a positive long-term impact on sustainability, circularity, and economic benefits. The company identified these areas in its announcement but did not provide further details on the expected outcomes. 

The filing did not specify the facility's production capacity, the volume of copper cathodes expected to be produced, or the investment made in setting up the unit.  

It also did not include estimates of the facility's expected revenue or contribution to the company's financial performance. 

Details of the Zaroli Facility 

The Zaroli unit is a copper refining and recycling facility. Its commercial production has now commenced, according to the company's announcement. 

Precision Wires has not disclosed details of the facility's operating capacity or its planned production schedule. Information on the expected utilisation rate, the sources of copper used in the refining process, and the timeline for scaling up production was also not included in the announcement. 

The company has stated that the facility is expected to provide long-term benefits in sustainability and circularity, alongside economic benefits. However, the announcement does not quantify these benefits or set out specific targets. 

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Precision Wires India Share Price Performance  

As of October 29, 2026, at 12:55 pm, Precision Wires India share price was trading at ₹403.15, a 0.51% decrease from the previous closing price. 

Conclusion 

Precision Wires India has commenced commercial production of copper cathodes at its Zaroli facility in Gujarat. The company expects long-term benefits from the unit in terms of sustainability, circularity, and economics.  

Further details on production volumes, capacity, and financial contribution have not been disclosed. 

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