BANSALWIRE · Materials · 2026-08-07

Bansal Wire Industries Ltd

4.0WatchWeak -7.8Stage 2 · wk 7In scan: Prop Scan · Breakout WatchMARKET: BULL TOPPING · 2026-08-07
₹332.2
+0.33% today
₹5,201 Cr · Mid cap
About this companyMaterials· Iron & Steel
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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.

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P/E (TTM)
31.9
Forward 19.8
Earnings Growth (YoY)
+20.9%
Revenue +20.9%
ROE
+11.9%
Profit margin +3.9%
vs 52W High
-19.0%
₹225 lo₹410.2 hi
19.0% below 52W high — deeper pullback
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 7
1w13w26w
Week 7 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is typically 13–26 weeks — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
10.8%
200 DMA: ₹299.9 · sloping down
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
1.41x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
MA20 rolling over · -3.8% vs MA50 +1.1%
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.
Sector
Materials
↓ Peaking
Stage 2%
33.9%
20d Δ
-4.4pp
1M return
+4.9%
3M return
+1.9%
Sector Stage-2 % · last 20 days
This stock ranks #130 of 135 Stage 2 stocks in Materials by RS. Lagging sector peers.
Industry
Iron & Steel
↓ Peaking
Stage 2%
38.0%
20d Δ
-14.8pp
1M return
+5.8%
3M return
+1.2%
Industry Stage-2 % · last 20 days
Ranks #27 of 27 Stage 2 stocks in this industry.
Price + Volume Chart
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Stage Cycle Timeline2024-07-10 → 2026-08-07
S? 43w
S1 15w
S4 34w
2024-07-102026-08-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 43w → S4 2w → S1 15w → S4 34w → S1 7w → S2 7w current
Total tracked: 108 weeks across 6 stage runs.
1M
+1.6%
3M
+4.1%
6M
+24.9%
YTD
+6.7%
1Y
-19.6%
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
2026-08-07S2
Wk 7 · Vol —x
2026-08-06S2
Wk 7 · Vol —x
2026-08-05S2
Wk 7 · Vol —x
2026-08-04S2
Wk 7 · Vol —x
2026-08-03S2
Wk 7 · Vol —x
2026-07-31S2
Wk 6 · Vol —x
2026-07-30S2
Wk 6 · Vol —x
2026-07-29S2
Wk 6 · Vol —x
2026-07-28S2
Wk 6 · Vol —x
2026-07-27S2
Wk 6 · Vol —x
2026-07-24S2
Wk 5 · Vol —x
2026-07-23S2
Wk 5 · Vol —x
Sector Peers — Stage 2All →
GULFPETRO
wk 7 · 0.0% from hi
9.4
APCOTEXIND
wk 13 · -9.8% from hi
9.4
ASAHISONG
wk 6 · -7.4% from hi
9.0
LLOYDSME
wk 15 · 0.0% from hi
8.9
GANESHBE
wk 13 · -3.6% from hi
8.9
Moving averages & range
50 DMA
₹319.2
200 DMA
₹299.9
52W High
₹410.2
52W Low
₹225
5D Low
₹314.7
Resistance levels (recent highs)
20d High
₹333.4
60d High
₹365.8
120d High
₹365.8
250d High
₹396.7
Next resistance
+0.3%
to 20d High

All analytics based on EOD data. Data as of 2026-08-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.