Short term swing trade (B): Capital Goods stock | Indian stock trading tips on 28 Apr 2026

NOTE

 

  • Closing Price: ₹406 (as of Apr 27, 2026)

  • StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.

  • Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.

  • Upside Potential#: Based on median of the suggested buy range.

Precision Wires India manufactures insulated winding wires and other electrical conductors used across multiple industries. Its product range includes enamelled winding wires, continuously transposed conductors, and various insulated copper conductors. These products are widely used in power equipment, auto-electrical applications, industrial machinery, and the retail replacement market. The company serves both domestic and international markets and focuses on supporting electrical and energy-related sectors. Established in 1989, it is headquartered in Mumbai, India.

 

Websitehttps://precisionwires.in/

Q3 FY26 Earnings Call Summary & Financial Highlights

Earnings Call Summary

 

  • Precision Wires India reported a strong Q3, with revenue up ~36.5% YoY and profit nearly doubling.
  • Operating performance improved, with higher EBITDA and margins rising to ~4.8%.
  • The company added new capacity (6,000 MTPA) at Silvassa, supporting future growth.
  • Management approved further expansion projects, increasing total planned capacity to ~68,500 MTPA.
  • It also secured higher working capital limits, signaling confidence in demand and scale-up.

Financial Highlights

Metric Q3 FY26 Dec 2025 Q2 FY26 Sep 2025 QoQ Change Q3 FY25 Dec 2024 YoY Change
Total Revenue (Rs cr) 1,347.60  1,236.70 8.97% 982.27  37.20% 
Gross Profit (Rs cr) 68.00  63.26 7.49%  32.07 112.05% 
Net Profit / PAT (Rs cr) 37.70  35.62 5.84%  18.95  98.89% 
Net Margin 2.80% 2.88% -8 bps 1.93% 87 bps
EPS (Rs) 2.06  1.95 5.64% 1.06  94.34% 

Price Performance & Volume Analysis

Price Performance

 

Volume Analysis

 

Technical Analysis

Key Observations

 

  • The stock is in a strong uptrend and, after a recent breakout to all-time highs, is likely to maintain its bullish momentum in the near term.

Sharp-eyed short term positional traders in India look for patterns that hint at quick directional shifts.

Technical Image - Daily Timeframe

 

Technical Indicators

Oscillators

Indicator Value Zone
RSI-14 72.61 Overbought
CCI-14 117.63 Overbought
ROC 32.50 Positive
Stochastic %K 92.53 Bullish
William %R -3.15 Overbought
MFI 88.81 Overbought

Exponential Moving Averages (EMAs)

EMA Value Stock Position
5 EMA 392 Above
10 EMA 375 Above
20 EMA 356 Above
50 EMA 321 Above
100 EMA 289 Above
200 EMA 254 Above

Conclusion

Precision Wires India Stock Price Forecast

 

Based on our positional trading indicators, the Precision Wires India stock price target will be INR 430 - INR 435 in the next 12-14 trading sessions.

MONEY MANAGEMENT AND TRADING RULES

  1. Buy within the recommended price range. You may allow up to 1% flexibility beyond the range if needed.

  2. No need to rush. The recommendation remains valid for up to 7 days, not just at market open.

  3. Use a trailing stop-loss to protect and lock in profits.

  4. Diversify your trading capital across our other recommended stocks to reduce risk.

  5. Invest responsibly. Trade only with funds you can afford to lose and hedge positions where appropriate.

Analyst Summary

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

Your Return Could be Much Better

Increase your Profitable!

Months
01

 

Price
₹ 6666

Months
03

20% OFF
₹ 20000

Price
₹ 15900

Months
06

35% OFF
₹ 40000

Price
₹ 25900

Months
12

50% OFF
₹ 80000

Price
₹ 39900

Months are referred as calendar months

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