Bansal Wire shares up 2% to 386 rupees; DAM Capital initiates coverage with 'buy' rating 481 rupee PT, citing expansion plans and margin resilience.

• DAM Capital targets 481 rupees for Bansal Wire, a 24% premium, due to aggressive expansion and market, leading growth plans.
• Company aims to triple production capacity to 679 KT by FY26, matching Tata Wires, while maintaining strong margins amid cost volatility.
• Stock gains 12.4% year to date, with DAM’s price target being the highest among three brokerages covering the stock.