BANSALWIRE· Materials› Iron & Steel

Bansal Wire Industries Ltd

Stage 4 · Declining · week 1⚠ 3→4 today

As of 16 Oct 2026, Bansal Wire Industries is in Stage 4 — declining, a downtrend, in its first week (since 16 Oct 2026). It closed at ₹61.65, 83.1% below its 52-week high and below its 200-day average, which is falling. In Materials, 33.6% of stocks are in Stage 2.

Bansal Wire Industries Limited manufactures and sells steel wires worldwide. More about the company

₹61.7
-2.33% today
₹965 Cr · Small cap
Market Neutral — FadingMaterials 33.6% in Stage 2-2.9 pts / 20dIron & Steel 36.7%+1.3 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

Is BANSALWIRE early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-83.1%
₹61.7 lo₹365.8 hi
83.1% below 52W high — deep Stage 4 damage
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 1
1w13w26w
Week 1 — early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-78.7%
200 DMA: ₹288.9 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
2.38x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -35.2% vs MA50 -14.4%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-79.9%
3M
-80.3%
6M
-79.7%
YTD
-80.4%
1Y
-81.5%
Sector
Materials
↓ Peaking
Stage 2%
33.6%
20d Δ
-2.9pp
1M return
-1.6%
3M return
-2.6%
Sector Stage-2 % · last 20 days
Sector has 151 Stage 2 leaders. See Materials Stage 2 →
Industry
Iron & Steel
↑ Building
Stage 2%
36.7%
20d Δ
+1.3pp
1M return
-0.1%
3M return
+2.9%
Industry Stage-2 % · last 20 days
Industry has 28 Stage 2 leaders. See Iron & Steel Stage 2 →
Stage Cycle Timeline2024-07-10 → 2026-10-16
S? 43w
S1 15w
S4 34w
S2 13w
2024-07-102026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 43w → S4 2w → S1 15w → S4 34w → S1 7w → S2 13w → S3 4w → S4 1w current
Total tracked: 118 weeks across 8 stage runs.
Scan Membership
Prop Scan
Latest: 2026-07-24
Breakout Watch
Latest: 2026-06-19
17 appearances in last 60 days. First seen: 2026-06-19.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-16S43→4
Wk 1 · Vol 2.38x
2026-10-15S3
Wk 5 · Vol 1.94x
2026-10-14S3
Wk 4 · Vol 0.73x
2026-10-13S3
Wk 4 · Vol 0.64x
2026-10-12S3
Wk 4 · Vol 0.62x
2026-10-09S3
Wk 4 · Vol 0.58x
2026-10-08S3
Wk 4 · Vol 1.69x
2026-10-07S3
Wk 3 · Vol 0.99x
2026-10-06S3
Wk 3 · Vol 0.88x
2026-10-05S3
Wk 3 · Vol 0.33x
2026-10-01S3
Wk 3 · Vol 0.52x
2026-09-30S3
Wk 3 · Vol 0.72x
Sector Peers — Stage 2All →
OCCLLTD
wk 17 · -16.3% from hi
9.0
MUKANDLTD
wk 21 · -7.5% from hi
8.9
SUNFLAG
wk 3 · -9.3% from hi
8.8
CUBEXTUB
wk 2 · 0.0% from hi
8.7
NRL
wk 17 · 0.0% from hi
8.6
Moving averages & range
50 DMA
₹272.8
200 DMA
₹288.9
52W High
₹365.8
52W Low
₹61.7
5D Low
₹61.7
Resistance levels (recent highs)
20d High
₹327.7
60d High
₹332.2
120d High
₹365.8
250d High
₹365.8
Next resistance
+431.5%
to 20d High
Ask the Market AI about BANSALWIREAsk →
P/E (TTM)
31.9
Forward 19.8
Earnings Growth (YoY)
+20.9%
Revenue +20.9%
ROE
+11.9%
Profit margin +3.9%
About this companyMaterials· Iron & Steel

Bansal Wire Industries Limited manufactures and sells steel wires worldwide. The company offers cold heading, spring, welding, rope, fine, scrubber, and heat resisting wires, as well as wires for kitchen ware and utensils; low carbon steel wires, such as cable armouring, galvanized, electro galvanized, and bright wires; and high carbon steel wires, including spring steel wires and automotive control cables. It also provides shaped / profile wires, which includes circlips wire; aluminum alloy, copper-coated aluminum magnesium, copper coated steel, and aluminum alloy wire mesh and welding wires; electro-galvanized, hot dip galvanized, and stitching wires; and cable armouring wire and strips. Further, the company provides wire rope, tyre bead, aluminum alloy wire mesh, stainless steel scrubbers, building material, and barbed wire. It serves its products to aeronautics, agriculture/ poultry, automotive, cable, consumer durables, general engineering, hardware, infrastructure, and other industries. The company was founded in 1938 and is based in Delhi, India.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.