Archive · 12 Jun 2025
DAM Capital: Buy Bansal Wire Industries Stock, Expecting 23% Upside
Bansal Wire Industries (BWIL), a steel wire maker, has seen its stock price go up recently.
Experts at DAM Capital think the stock will continue to grow and have suggested people buy it.
The company is growing by building a new plant that will greatly increase how much wire they can make.
This expansion should also allow them to sell higher-profit products.
DAM Capital believes that this company is set up for future success and will likely make a lot more money in the coming years.
Bansal Wire Industries shares have risen 18% in the last two months.
DAM Capital initiated coverage with a 'Buy' rating and a target price of ₹481.
The company is expanding capacity by 62% with a new plant in Dadri.
The expansion includes entry into higher-margin specialty wire segments.
DAM Capital projects significant revenue, EBITDA, and PAT growth over FY25-27.
- Who
- DAM Capital, a brokerage firm, and Bansal Wire Industries (BWIL).
- What
- DAM Capital initiated a 'Buy' rating on Bansal Wire Industries stock, anticipating further growth.
- When
- The Dadri plant is expected to be fully commissioned by H1FY26, and the stainless steel manufacturing facility in Gujarat is expected to be commissioned in FY28.
- Where
- Bansal Wire Industries is based in India, with expansion including a new plant in Dadri and a facility in Gujarat.
- Why
- DAM Capital believes BWIL is well-positioned for growth due to its expansion, market share gains, and strong financial projections.
Analysts Expect Positive Growth
No Negative Outlook Presented
Market Share and Profitability
Analysts Expect Positive Growth
DAM Capital believes BWIL will continue to gain market share and increase profitability.
No Negative Outlook Presented
No opposing views found in this article.
- Stock Price Increase
- 18% in two months
- DAM Capital Rating
- Buy
- Target Price
- ₹481
- Upside Potential
- 23.3%
- Capacity Increase
- 62%
- EBITDA CAGR (FY25-27)
- 35%
- PAT CAGR (FY25-27)
- 38%