Multibagger Stock: 1,300% Returns In 10 Years! Do You Own It?

Multibagger Return

Shares of Precision Wires India Limited have delivered over 1,300% return to its long-term investors in the last 10 years

280% return in 3 years

Shares of Precision Wires India Limited have delivered over 280% return in the last 3 years

About Precision Wires
India Limited

Founded in 1989, the company manufactures products including Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductors and Paper/Mica/Nomex Insulated Copper Conductors 

Allotment of Bonus
Equity Shares

Precision Wires India Limited allotted 5,78, 18,115 equity shares of each as fully-paid up bonus equity shares, in the ratio of 1 equity share for every 2 equity shares

What are bonus shares?

Bonus shares are additional shares given to the current shareholders

D-Street Performance

Shares of Precision Wires India Limited hit a 52-week high of Rs 87.68 on January 20, 2022 and a 52-week low of Rs 38.19 on June 20, 2022

Precision Wires India
Limited: Share price

After turning ex-bonus, the Precision Wires India stock ended 5.69% higher at Rs 74.25 on December 22, 2022

Precision Wires India
Limited: Market Cap

The market cap of Precision Wires India Limited rose to Rs 1,287.90 on BSE on December 22, 2022

Disclaimer

The stock mentioned in the story is for information purpose only. Investors or market participants should consult their financial advisors before taking any position

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