Precision Wires India Limited is a leading manufacturer of enamelled copper winding wires and insulated electric conductors in India, catering to industries like power, automotive, and consumer electronics. Incorporated in 1989 and headquartered in Mumbai, it went public on the BSE and NSE in 1995. With two modern plants in Mumbai and Silvassa, the company produces round and rectangular enamelled wires, continuously transposed conductors (CTC), and paper-insulated copper strips, serving over 500 OEMs and exporters. As India’s largest in this segment, Precision Wires emphasizes quality with ISO certifications and R&D for custom solutions. Under Managing Director Milan Mahendra Mehta, it’s expanding capacity to meet rising demand from electric vehicles and renewables, aiming for sustainable growth in a competitive market.
In this article, we’ll look at Precision Wires India’s share price target from 2025 to 2030. These projections draw from the company’s steady financials, wire industry trends, and analyst views—like WalletInvestor’s long-term forecast to ₹290 by 2030. As of on October 28, 2025, the stock is trading at ₹221.95 on the NSE.
Precision Wires India has been a solid performer. Over the past year, it surged from a 52-week low of ₹118 to a high of ₹237.50, reflecting strong demand for its products. With low debt and consistent profits, it’s a promising mid-cap in the electrical components space.
Precision Wires India Overview
Listed on NSE and BSE, Precision Wires India specializes in enamelled round and rectangular copper wires, CTC for transformers, and insulated copper conductors for submersibles. It exports to over 20 countries and focuses on R&D for high-performance wires used in motors, generators, and EVs. Under MD Milan Mahendra Mehta since 2021, the company is investing in capacity expansion to 1 lakh tonnes annually by 2026, leveraging India’s push for clean energy and auto electrification to stay ahead of rivals.
Precision Wires India Share Price Target 2025
| Month | Precision Wires Target Price (₹) |
|---|---|
| October 2025 | 225 |
| November 2025 | 228 |
| December 2025 | 242 |
End of 2025 could reach ₹242, offering a 9% return as EV wire demand grows. This uptick aligns with quarterly sales boosts and festive electronics sales.
Also Read: BPCL Share Price Target 2025 to 2035
Precision Wires India Share Price Target 2026
| Month | Precision Wires Target Price (₹) |
|---|---|
| January 2026 | 245 |
| February 2026 | 248 |
| March 2026 | 262 |
| April 2026 | 265 |
| May 2026 | 268 |
| June 2026 | 282 |
| July 2026 | 285 |
| August 2026 | 288 |
| September 2026 | 302 |
| October 2026 | 305 |
| November 2026 | 308 |
| December 2026 | 322 |
2026 might close at ₹322, delivering a 33% return with capacity upgrades. Analysts see this fueled by renewable energy sector orders, enhancing margins.
Also Read: IOC Share Price Target 2025 to 2030
Precision Wires India Share Price Target 2027
| Month | Precision Wires Target Price (₹) |
|---|---|
| January 2027 | 325 |
| February 2027 | 328 |
| March 2027 | 342 |
| April 2027 | 345 |
| May 2027 | 348 |
| June 2027 | 362 |
| July 2027 | 365 |
| August 2027 | 368 |
| September 2027 | 382 |
| October 2027 | 385 |
| November 2027 | 388 |
| December 2027 | 402 |
By 2027, ₹402 is feasible, offering a 25% return with export expansions. R&D in high-efficiency wires supports this, tapping global auto trends.
Precision Wires India Share Price Target 2028
| Month | Precision Wires Target Price (₹) |
|---|---|
| January 2028 | 405 |
| February 2028 | 408 |
| March 2028 | 422 |
| April 2028 | 425 |
| May 2028 | 428 |
| June 2028 | 442 |
| July 2028 | 445 |
| August 2028 | 448 |
| September 2028 | 462 |
| October 2028 | 465 |
| November 2028 | 468 |
| December 2028 | 482 |
2028 could peak at ₹482, providing a 20% return with OEM tie-ups. Rising transformer demand from power sector adds to the momentum.
Also Read: Triveni Turbine Share Price Target
Precision Wires India Share Price Target 2029
| Month | Precision Wires Target Price (₹) |
|---|---|
| January 2029 | 485 |
| February 2029 | 488 |
| March 2029 | 502 |
| April 2029 | 505 |
| May 2029 | 508 |
| June 2029 | 522 |
| July 2029 | 525 |
| August 2029 | 528 |
| September 2029 | 542 |
| October 2029 | 545 |
| November 2029 | 548 |
| December 2029 | 562 |
2029 might hit ₹562, yielding a 17% return with sustainable practices. Low debt levels keep it agile amid industry shifts.
Precision Wires India Share Price Target 2030
| Month | Precision Wires Target Price (₹) |
|---|---|
| January 2030 | 565 |
| February 2030 | 568 |
| March 2030 | 582 |
| April 2030 | 585 |
| May 2030 | 588 |
| June 2030 | 602 |
| July 2030 | 605 |
| August 2030 | 608 |
| September 2030 | 622 |
| October 2030 | 625 |
| November 2030 | 628 |
| December 2030 | 642 |
2030 could end at ₹642, offering a 14% return with EV boom. Focus on CTC for transformers secures long-term gains.
Also Read: Tata Power Share Price Target 2025 to 2030
Precision Wires India Financials 2025
| Particulars | Year (2025) |
|---|---|
| Revenue | ₹4,036 Cr |
| Expenses | ₹3,915 Cr |
| EBITDA | ₹186.66 Cr |
| EBIT | ₹167.03 Cr |
| Profit Before Tax | ₹120.37 Cr |
| Net Profit | ₹90.04 Cr |
FY2025 as of March 2025, with 15% revenue growth and healthy margins.
Precision Wires India Fundamentals
| Particulars | Figures |
|---|---|
| Market Cap | ₹3,793 Cr |
| P/E Ratio | 39.98 |
| Debt to Equity | 0.11 |
| ROE | 15.63% |
| Book Value | ₹33.17 |
| Face Value | ₹1 |
Precision Wires India Shareholding Pattern
| Particulars | Shareholding (%) |
|---|---|
| Promoters | 57.49% |
| Retail & Others | 41.75% |
| FIIs | 0.75% |
| DIIs | 0.01% |
As of September 2025.
Factors Shaping Precision Wires India Share Price Targets
- Wire Demand Growth: Rising EV and renewable sectors need more enamelled wires, driving volumes.
- Export Expansion: 20% revenue from international markets, with potential in Europe and Asia.
- Low Debt Edge: Minimal borrowing at 0.11 ratio allows flexible investments.
- Industry Cycles: Copper price fluctuations affect costs, but hedging helps margins.
- R&D Focus: Innovations in CTC and insulated conductors attract premium OEM clients.
- Government Incentives: PLI schemes for auto and power components boost local production.
- Supply Chain Strength: Robust sourcing of copper ensures consistent production amid global shortages.
Smart Investment Approaches for Precision Wires India Shares
- Take It Slow with SIPs: Spread buys to handle raw material price swings—great for mid-caps.
- Keep an Eye on Key Numbers: Track quarterly export sales, EBITDA, and order backlog for signals.
- Look for Capacity Updates: Announcements on plant expansions can be big catalysts—stay tuned.
- Diversify Wisely: Limit to 5-10% of your portfolio; mix with stable electrical peers.
- Match Your Risk Level: Suits growth chasers who like industrials—not for conservative types.
- Monitor Copper Trends: Global metal prices impact costs; use them for entry timing.
- Leverage Dividends: Consistent payouts add income while waiting for growth.
- Watch Policy Changes: New EV or renewable policies can enhance long-term prospects.
Conclusion
Precision Wires India has carved a niche in enamelled wires with low debt and steady profits, poised for EV-driven growth. It’s a solid mid-cap bet, but watch copper volatility and industry cycles.
The target prices for Precision Wires India provided here serve as guidance only. We offer no buy or sell recommendations. These estimates may fluctuate with market conditions. Tradeforge suggests consulting financial experts prior to any investment in Precision Wires India.
FAQ’s
What is the promoters’ holding in Precision Wires India?
Promoters’ holding in Precision Wires India is 57.49% as of September 2025.
Who is the MD of Precision Wires India?
Milan Mahendra Mehta is the Managing Director of Precision Wires India.
What is the target price of Precision Wires India in 2026?
Precision Wires India share price target ranges from ₹245.00 to ₹322.00 in 2026.
What is the target price of Precision Wires India in 2030?
Precision Wires India share price target ranges from ₹565.00 to ₹642.00 in 2030.
What are Precision Wires India’s key products?
Key products include enamelled round/rectangular copper wires, CTC, and insulated copper conductors for motors and transformers.