Shares of Bansal Wire Industries surged sharply in intraday trade on April 2, rising over 7% despite a weak broader market, after the company reported strong sales volume growth for the fourth quarter of FY26.

The stock was trading at ₹252.56, up 7.57%, after hitting an intraday high of ₹258.26. It opened at ₹234.79 and slipped to a low of ₹227.41 during the session, before witnessing strong buying interest following the business update.

In its latest exchange filing, the company reported Q4 FY26 sales volume of 1,17,644 metric tonnes, marking a 20.16% year-on-year increase compared to 97,821 metric tonnes in the same quarter last year.

For the full financial year FY26, Bansal Wire reported total sales volume of 4,58,054 metric tonnes, reflecting a 32.88% YoY growth from 3,44,710 metric tonnes in FY25, indicating strong demand momentum and scale-up in operations.

The company noted that while it had achieved its highest-ever sales volume in the previous quarter, volumes in Q4 FY26 were slightly impacted due to geopolitical tensions in the West Asian region, which led to temporary disruptions in the supply of industrial gases across India. Despite this, overall volumes remained at healthy levels.

The steady growth in volumes, both on a quarterly and annual basis, appears to have supported investor sentiment, particularly given the challenging operating environment highlighted by the company.

The sharp upmove in the stock also stands out against a relatively weak broader market, indicating stock-specific interest driven by operational performance.

Bansal Wire Industries, one of the leading steel wire manufacturing companies by volume in Asia, continues to see traction across segments, with sustained demand supporting its growth trajectory.

Disclaimer: This article is for informational purposes only and should not be construed as investment advice.