Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala

Posts tagged Bansal Wire Industries

Bansal Wire Industries: Capacity expansion, VAP are growth catalysts; initiating, with a Buy for target price of ₹550 (46% upside): Anand Rathi



Bansal Wire Industries share price target

Incorporated in 1985, Bansal Wire is the second largest manufacturer of steel wire in India and the largest stainless steel wire manufacturer. With five plants in north India it expects to raise consolidated capacity ~2.5x to 0.679m tonnes, surpassing Tata Steel’s ~7-8% market share in steel wiring. It is venturing into high-growth, high-margin steel cord, low relaxation prestressed concrete and bead wires

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 552 other subscribers
Disclaimer: This is a Fan Site in Rakesh Jhunjhunwala's name. Rakesh Jhunjhunwala is not associated with us and is in no way aware, accountable or responsible for what is stated here. Further, nothing here constiutes investment advice for you to act on. Also, we have a vested interest, and are extremely biased, in everything that we say. So Mind It!