Vidya Wires Limited shares fell nearly 5% to ₹93.65 on June 5, 2026. The stock repeatedly hit its lower circuit breaker during a volatile week. Heavy selling pressure and a lack of buyers continue to drive the downward trend.
The decline follows a June 1, 2026, disclosure of a ₹24.73 crore income tax demand. While the company plans to appeal the order, the announcement unsettled investors. Management stated the tax demand should not materially impact operations.