Bansal Wire Rockets 4.1% Pre-Open On Stellar Sales Surge

Bansal Wire Industries, a recent NSE debutant in stainless steel and alloy wires, saw shares gain 4.1% pre-open after disclosing impressive Q3 sales volumes.

​The performance underscores resilience in industrial segments like auto, engineering and construction.
​Pre-open momentum sets positive tone ahead of official open.
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Performance Drivers

• Q3 sales volumes reported strong sequential and YoY growth, boosting revenue visibility.
• ​Stainless steel wires, key revenue driver, benefited from capacity expansions.

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Essential Data Points

• BANW.NS up 4.1% in pre-open trade.
• ​Triggered by Q3 sales volume disclosure (03 likely denotes quarter).
• ​Recent IPO performer with focus on niche alloy products.
• ​Market cap and volumes to watch post-open for sustained rally.

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Sources: Reuters (RTRS), NSE pre-open data