Ministry of Steel approves Bansal Wire Industries Ltd's application for PLI scheme

In order to take the benefits of the Production Linked Incentive Scheme 1.1 for Specialty Steel notified by Ministry of Steel, Government of India. Bansal Wire Industries Limited had made an application under the said scheme. The Ministry of Steel has approved the application made by the Company under PLI Scheme 1.1 for Specialty Steel. In this regard Company has entered into Memorandum of Understanding as on March 24, 2025 with Ministry of Steel for availing the benefits / incentives of the PLI scheme 1.1.

Shares of Bansal Wire Industries Limited was last trading in BSE at Rs. 374.55 as compared to the previous close of Rs. 365.05. The total number of shares traded during the day was 24433 in over 2471 trades.

The stock hit an intraday high of Rs. 382.90 and intraday low of 350.00. The net turnover during the day was Rs. 9169121.00.

Source : Equity Bulls

Keywords

BansalWireIndustries IronandSteelProducts INE0B9K01025 MinistryofSteel Approval PLIScheme SpecialtySteel