Small Cap Metal Stock, Soared 219% In 3-Years, Sets Record Date For Interim Dividend

Small cap metal stock operating in metals & non-ferrous sector, Precision Wires India Ltd fixed February 17, 2023 as the record date for interim dividend. The company has a market capitalisation of Rs 1,197.70 crore. Check details below:

1. Precision Wires India Ltd Sets Record Date For Interim Dividend

The BSE filing of the company stated, "Pursuant to the Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a Meeting of the Board of Directors of the Company will be held on Saturday, 11th February, 2023, to consider and approve Un Audited Financial Statement of the Company for the Quarter and nine months ended 31st December, 2022 and to declare Dividend, if any. The record date for payment of Interim Dividend if any declared in the Board meeting scheduled on 11th February, 2023 will be Friday, 17th February, 2023."

 

2. Precision Wires India Stock Performance & Return

The current market price of the stock is Rs 69.05 apiece with intraday decline of 2.61%.

The stock's 52-week high is Rs 85.90 apiece and 52-week low is Rs 38.19 apiece, respectively.

The stock fell 5% in last 3-months, soared 23% in last 3-months, and gave a return of 219% in last 3-years. It gave a return of 107% in last 5-years.

3. Precision Wires India About

Precision Wires India Limited is the largest manufacturer of Copper Winding Wires/Magnet Wires in South Asia. Its products include Enamelled Round wire, Enamelled Rectangular wire, Continuously Transposed Conductors and Paper Taped Conductors.

These products are widely used by the electrical and electronics industry across the globe, according to its official Linkedin page.

Disclaimer

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