Professional
Added to YB: 2024-08-20
Pitch date: 2024-06-30
PRECWIRE.NS [bullish]
Precision Wires India Limited
+149.71%
current return
Author Info
No bio for this author
Company Info
Precision Wires India Limited manufactures and sells insulated enamelled winding wires and other insulated electric conductors in India and internationally.
Market Cap
INR 69.8B
Pitch Price
INR 159.55
Price Target
N/A
Dividend
0.30%
EV/EBITDA
N/A
P/E
53.38
EV/Sales
N/A
Sector
Electrical Equipment
Category
growth
Baron New Asia Fund New Position: Precision Wires India Limited
PRECWIRE.NS: India's largest enameled copper winding wire maker (50%+ share). Key in power, auto, defense. Well-positioned for power sector growth & EV boom (7x wire content vs ICE). Mid-teens earnings growth expected 3-5yrs. Long-term upside from EV/hybrid wins. <2% current EV penetration in India signals huge growth potential over 5-10yrs.
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