Why is Shalimar Wires falling/rising?
2025-11-22 00:26:26Recent Price Movement and Sector Influence Shalimar Wires has experienced a consecutive two-day decline, losing approximately 4.61% over this short period. This recent downturn aligns closely with the broader Metal - Non Ferrous sector, which itself has contracted by 2.91% on the same day. The stock’s performance today is described as inline with its sector peers, indicating that the fall is not isolated but part of a wider sectoral correction or profit-taking phase. Despite the short-term weakness, it is important to note that Shalimar Wires remains comfortably above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning suggests that the stock’s longer-term trend remains intact and bullish, even as it f...
Read MoreWhy is Shalimar Wires falling/rising?
2025-11-19 21:39:30As of 19-Nov, Shalimar Wires Industries Ltd is experiencing a price increase, currently at Rs 23.70, reflecting a rise of Rs 1.98 or 9.12%. The stock has shown strong performance today, outperforming its sector by 9.23%, with an intraday high of Rs 24.25, which is an increase of 11.65%. Despite a wide trading range of Rs 3.75 and high volatility of 8.36%, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 30.68% compared to the 5-day average. The stock's performance over the past week and month has also been notable, with returns of +12.70% and +21.91%, respectively, indicating a strong upward trend. In the broader market context, the Sensex has only increased by 0.85% over the past week and 1.47% over the past month, highlighting that Shalimar Wires is sign...
Read MoreWhy is Shalimar Wires falling/rising?
2025-11-17 21:28:02As of 17-Nov, Shalimar Wires Industries Ltd is experiencing a price increase, currently at 21.74, which reflects a rise of 0.87 or 4.17%. The stock has shown a positive trend today, outperforming its sector by 4.51% and marking a reversal after three consecutive days of decline. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decrease in investor participation, with delivery volume dropping by 70% compared to the 5-day average. Year-to-date, the stock is down 6.29%, but it has shown strong performance over the past three years with a return of 49.93%. In the broader market context, Shalimar Wires has outperformed the Sensex in the short term, with a 1-week return of 5.59% compared to the Sensex's 1.69%. This indicates that while the stock has struggled year-to-date and over the past year, its recent performance suggests a ...
Read MoreHow has been the historical performance of Shalimar Wires?
2025-11-12 23:09:40Answer: The historical performance of Shalimar Wires shows a mixed trend over the years, with fluctuations in sales, profits, and expenses. Breakdown: Shalimar Wires has experienced a steady increase in net sales from INR 88.28 crore in March 2021 to INR 131.86 crore in March 2025, with a notable rise from INR 120.69 crore in March 2023 to INR 128.33 crore in March 2024. The total operating income followed a similar pattern, reaching INR 131.94 crore in March 2025. However, the company's total expenditure, excluding depreciation, peaked at INR 108.31 crore in March 2024 before declining to INR 106.86 crore in March 2025. Operating profit, excluding other income, improved significantly from INR 5.80 crore in March 2021 to INR 25.08 crore in March 2025, reflecting a positive trend in profitability. The profit before tax also turned positive, increasing from a loss of INR 16.68 crore in March 2021 to a profit...
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Shalimar Wires Industries Shows Strong Financial Metrics Amid Market Resilience
2025-11-11 16:00:09Shalimar Wires Industries has shown significant improvement in its financial performance for the quarter ending September 2025. Key metrics indicate strong operational efficiency, effective leverage management, and solid liquidity. The company has outperformed the Sensex over the past five years, highlighting its resilience in the competitive garments and apparel sector.
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Shalimar Wires Industries Shows Mixed Financial Performance Amid Debt Concerns
2025-11-11 08:03:35Shalimar Wires Industries has recently experienced a change in its evaluation, reflecting a shift in technical indicators. The company reported a strong operating profit to interest ratio and significant profit after tax, despite facing challenges such as a high debt-to-equity ratio and a notable percentage of pledged promoter shares.
Read MoreWhy is Shalimar Wires falling/rising?
2025-11-10 21:24:17As of 10-Nov, Shalimar Wires Industries Ltd is experiencing a price increase, currently at Rs 20.50, which reflects a rise of Rs 1.28 or 6.66%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and today it outperformed its sector by 4.69%. The stock reached an intraday high of Rs 21, marking a 9.26% increase. In terms of performance over different periods, the stock has increased by 3.27% over the past week, while it has seen a 6.77% rise over the past month. However, it is important to note that the stock is down 11.64% year-to-date and 19.67% over the past year. The rising investor participation, indicated by a 15.53% increase in delivery volume compared to the 5-day average, suggests growing interest in the stock, contributing positively to its recent price movement. In the broader market context, the stock's short-term performance of +3.27% over the past week con...
Read MoreAre Shalimar Wires latest results good or bad?
2025-11-10 19:14:16Shalimar Wires' latest financial results for Q2 FY26 present a nuanced picture of the company's operational performance. The net sales for the quarter reached ₹35.97 crores, reflecting a quarter-on-quarter growth of 9.63% from ₹32.81 crores in Q1 FY26, and a year-on-year increase of 16.98%. This growth was primarily driven by volume increases in its core wire cloth and synthetic fabric segments, indicating some market share gains, albeit against relatively weak prior-year comparatives. The company's net profit also saw a significant rise to ₹1.48 crores, up 46.53% from ₹1.01 crores in the previous quarter and a substantial increase from just ₹0.25 crores in the same quarter last year. This improvement in profitability is attributed to better operating leverage and stable interest costs, despite the ongoing challenges posed by high levels of debt. However, the operating margin slightly declined to 22.02%, ...
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Shalimar Wires Q2 FY26: Profit Surge Masks Deeper Structural Concerns
2025-11-10 18:01:51Shalimar Wires Industries Ltd., a micro-cap manufacturer of metal wire cloths and synthetic woven fabrics for the paper and pulp industry, reported its highest quarterly net profit at ₹1.48 crores in Q2 FY26, marking a 46.53% quarter-on-quarter surge and a remarkable 492.00% year-on-year leap. Despite this impressive profit growth, the stock remains under pressure, trading at ₹20.50 with a market capitalisation of ₹83.00 crores, reflecting persistent investor concerns about the company's weak return ratios, elevated debt burden, and deteriorating technical momentum.
Read MoreBoard Meeting Intimation for To Consider And Approve Inter Alia The Unaudited Financial Results Of The Company For The Quarter Ended 31St December 2025
02-Feb-2026 | Source : BSEShalimar Wires Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 inter alia to consider and approve The unaudited financial results of the company for the quarter ended 31st December 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
13-Jan-2026 | Source : BSEEnclosed please find the compliance certificate under Regulation 74(5) of SEBI (DP) Regulations 2018 received from RTA.
Closure of Trading Window
29-Dec-2025 | Source : BSEThe Trading window for designated persons and their immediate relatives for dealing in equity shares of the Company shall remain closed from 1st January 2026 till 48 hours after the declaration of financial results for the quarter ended 31st December 2025
Corporate Actions
No Upcoming Board Meetings
No Dividend history available
Shalimar Wires Industries Ltd has announced 2:10 stock split, ex-date: 23 Dec 10
No Bonus history available
No Rights history available