Multibagger Stock: 1,300% Returns In 10 Years! Do You Own It?

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Multibagger Return

Shares of Precision Wires India Limited have delivered over 1,300% return to its long-term investors in the last 10 years [{ "selector": ".ztbko-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".fsuer-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 463px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

280% return in 3 years

Shares of Precision Wires India Limited have delivered over 280% return in the last 3 years [{ "selector": ".neegf-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".ppkse-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 483px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

About Precision Wires
India Limited

Founded in 1989, the company manufactures products including Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductors and Paper/Mica/Nomex Insulated Copper Conductors [{ "selector": ".qwzxd-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".oougm-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 409px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Allotment of Bonus
Equity Shares

Precision Wires India Limited allotted 5,78, 18,115 equity shares of each as fully-paid up bonus equity shares, in the ratio of 1 equity share for every 2 equity shares [{ "selector": ".gmisd-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".cqcln-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 431px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

What are bonus shares?

Bonus shares are additional shares given to the current shareholders [{ "selector": ".pbixr-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".prezt-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 460px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

D-Street Performance

Shares of Precision Wires India Limited hit a 52-week high of Rs 87.68 on January 20, 2022 and a 52-week low of Rs 38.19 on June 20, 2022 [{ "selector": ".kbxkb-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".fntij-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 436px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Precision Wires India
Limited: Share price

After turning ex-bonus, the Precision Wires India stock ended 5.69% higher at Rs 74.25 on December 22, 2022 [{ "selector": ".qmttj-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".ddzbf-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 456px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Precision Wires India
Limited: Market Cap

The market cap of Precision Wires India Limited rose to Rs 1,287.90 on BSE on December 22, 2022 [{ "selector": ".mbqdx-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".ipaan-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 469px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Disclaimer

The stock mentioned in the story is for information purpose only. Investors or market participants should consult their financial advisors before taking any position [{ "selector": ".wtugu-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".kbozc-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 430px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

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Multibagger Stock: 1,300% Returns In 10 Years! Do You Own It?

Multibagger Return

280% return in 3 years

About Precision Wires India Limited

Allotment of Bonus Equity Shares