Bansal Wire Industries Ltd’s subsidiary, BWI Steel Private Ltd, has been granted a land allotment from the Gujarat Industrial Development Corporation (GIDC) for a new manufacturing facility. The stock of Bansal Wire Industries was trading at ₹356.45, showing an increase of ₹10.10 or 2.92 percent on the NSE at 3.20 pm today.
As per the company, BWI Steel has secured a 170,000 square meter industrial plot in the Sanand-II Industrial Estate. The subsidiary had requested 200,000 square meters of land back in December 2024.
This expansion in Gujarat follows the company’s previous announcement regarding the project in December last year.
Published on March 18, 2025.
