Market Performance
The Bansal Wire Industries share price caught the market’s attention on stock market today after the company shared its December quarter business update.
In Friday’s session on January 2, the stock moved sharply higher. Shares climbed 7.3% during the day and touched an intraday high of ₹327.75, reflecting strong investor interest after the volume update.
This move stood out, especially for a small-cap stock that has been under pressure for several months.
Main News: Record-Breaking Sales Volume in Q3FY26
The trigger for the rally was simple—and powerful.
Bansal Wire Industries reported its highest-ever quarterly sales volume for the December quarter.
- Q3FY26 sales volume: 121,702 metric tonnes (MT)
- Previous record (Q2FY26): 114,607 MT
This marks a clear step-up in volume compared to the immediately preceding quarter, underlining stronger execution and demand during the period.
Over the nine-month period ending December 31, the company recorded a notable rise in sales volumes.
- 9MFY26 sales: 340,411 MT
- 9MFY25 sales: 246,888 MT
To put this in perspective, the company had closed FY25 with total sales of 344,710 MT. That means the business has already nearly matched last year’s full-year volumes within nine months.
Company Financial Snapshot (Q2FY26)
While the latest update focused on volumes, the last reported financials give context to the business performance.
In the September quarter (Q2FY26):
- Revenue: ₹1,055 crore
- YoY growth: 27.9%
- EBITDA: ₹81.5 crore
- YoY growth: 19.8%
- Net profit: ₹38.3 crore
- YoY change: -4.3%
The data shows solid top-line growth, with operating profits rising as well, even as net profit remained slightly lower on a year-on-year basis.
Product Update: Capacity Addition in Specialty Wires
During the September quarter, the company also expanded its specialty wire segment.
Bansal Wire Industries added:
- 9,000 tonnes of new capacity
- Product launched: Induction Hardened and Tempered (IHT) Wire
This product is designed for the automotive sector, mainly used in:
- Suspension springs
- Valve springs
The addition strengthens the company’s specialty wire portfolio alongside its existing product mix.
Bansal Wire Industries Share Price Trend
Despite Friday’s surge, the longer-term price trend tells a more measured story.
- Shares are down 20.6% since August 2025
- IPO listing (July 2024): ₹350, a 37% premium over the issue price of ₹256
- All-time high: ₹502.20 in December 2024
- Current levels remain 37.5% lower than that peak
- Calendar Year 2025 return: -31.6%
The stock enjoyed a strong post-listing rally, but the momentum faded over time, leading to sustained pressure before the recent bounce.
Company at a Glance
Bansal Wire Industries holds a significant position in the steel wire space:
- Largest stainless steel wire manufacturer by volume
- Second-largest steel wire manufacturer overall by volume
This scale plays a key role in its ability to generate consistent volumes across market cycles.
Summary
On stock market today, the Bansal Wire Industries share price reacted sharply to hard numbers—record quarterly volumes and strong year-to-date sales.
The December-quarter update highlighted:
- The highest-ever quarterly sales volume
- Strong growth in nine-month sales
- Continued focus on expanding capacity in specialty wires
While the stock has seen pressure over the past year, the latest data-driven update shifted market sentiment, reminding investors why volume trends remain closely watched in this space.
Source: Livemint
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