Shares of Bansal Wire Industries rallied sharply today after the company reported robust operating performance for the December quarter, driven by strong volume growth and steady demand across end-user segments. The stock gained nearly 7% in intraday trade, touching a high of Rs 305.05, as investors cheered the company’s best-ever quarterly sales volumes.

Bansal Wire reported its highest-ever quarterly sales volume of 1,21,702 metric tonnes (MT) in Q3FY26, surpassing the previous record of 1,14,609 MT achieved in Q2FY26. For the nine months ended FY26, cumulative volumes stood at 3,40,411 MT, significantly higher than 2,46,888 MT recorded in the corresponding period of FY25. The strong performance underscores sustained demand across infrastructure, construction, and industrial segments.

On the financial front, revenue from operations in Q2FY26 rose 27.9% year-on-year to Rs 1,055.4 crore, compared with Rs 825.45 crore in the year-ago period. Profit after tax, however, declined to Rs 38.32 crore from Rs 40.06 crore in Q2FY25, reflecting margin pressures despite strong topline growth.

The company’s operational momentum has been supported by capacity expansion and product diversification. In December, Bansal Wire launched its LRPC (Low Relaxation Prestressed Concrete) wire at its Dadri facility in Gautam Buddha Nagar, strengthening its presence in value-added segments such as infrastructure and construction. The company continues to benefit from rising domestic demand for steel wire products across automotive, engineering, power, and infrastructure sectors.

Bansal Wire is India’s largest stainless steel wire manufacturer and the second-largest steel wire producer by volume. Incorporated in 1985, the company has built a diversified product portfolio serving automotive, general engineering, power transmission, infrastructure, consumer durables and agriculture sectors.

Market participants remain constructive on the stock, citing strong volume momentum, improving product mix and sustained infrastructure-led demand. With volumes already exceeding full-year FY25 levels within nine months, investors are factoring in continued operating leverage in the coming quarters, even as margins remain sensitive to raw material costs.