Precision Wires starts copper cathode production at Zaroli facility

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PRECWIRE · price

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Price reactionminutes from the announcement price · days from the prior close

+2.8%Reaction day

₹402.20

prior close

₹398.80

announcement price

In-mkt

timing

Nifty Microcap 250market+0.7%+2.2% vs market

Aluminium Copper & Zinc Products peers, median of 9sector+0.0%+2.8% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 2.8 pts more than its Aluminium Copper & Zinc Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.5

10m

+1.9

15m

+1.6

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.8+0.7+2.2+0.0+2.8

Next day

-3.8pendingpending-2.3-1.5

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15d

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UpDownMarket · Nifty Microcap 250Sector · Aluminium Copper & Zinc Products peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Precision Wires India began commercial production of copper cathodes on 29 October 2026 at its copper refining and recycling facility in Zaroli, Gujarat. This follows its 17 September 2026 update. The company expects long-term sustainability, resource recycling and economic benefits. No capacity, output, revenue or profit details were disclosed.

Likely market impact

Production has started, creating potential sales and earnings, but no capacity, financial contribution or profit guidance was provided.