Bansal Wire Industries Limited commences production at specialty wire vertical

Bansal Wire Industries Limited has commenced production of its specialty wire vertical, including product(s) such as Bead Wire, Hose Wire and Steel tyre Cord. Since the commercial production of these product(s) has taken place at our Dadri manufacturing plant, the date of launching of product(s) will be announced in due course, along with the details of the product(s).

The market size for these product(s) is estimated to be 450,000 tons per annum. We have successfully established a pilot project with a capacity of 50,000 tons, positioning us to meet the growing demand in this sector. We look forward to leveraging this new production capability to enhance our market presence and deliver high-quality product(s) to our customers.

Shares of Bansal Wire Industries Limited was last trading in BSE at Rs. 465.05 as compared to the previous close of Rs. 469.40. The total number of shares traded during the day was 17950 in over 529 trades.

The stock hit an intraday high of Rs. 474.10 and intraday low of 462.00. The net turnover during the day was Rs. 8362536.00.

Source : Equity Bulls

Keywords

BansalWireIndustries IronandSteelProducts INE0B9K01025 CommercialProduction SpecialtyWireVertical