SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SSWL rises on bagging export order for supply of Caravan Steel wheels for EU After market

15 Oct 2015 Evaluate

Steel Strips Wheels (SSWL) is currently trading at Rs. 370.10, up by 2.70 points or 0.73% from its previous closing of Rs. 367.40 on the BSE.

The scrip opened at Rs. 372.00 and has touched a high and low of Rs. 378.90 and Rs. 357.70 respectively. So far 15421 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 395.95 on 19-Jan-2015 and a 52 week low of Rs. 254.50 on 27-Mar-2015.

Last one week high and low of the scrip stood at Rs. 389.80 and Rs. 332.00 respectively. The current market cap of the company is Rs. 558.03 crore.

The promoters holding in the company stood at 58.38% while Institutions and Non-Institutions held 0.66% and 40.96% respectively. 

Steel Strips Wheels has bagged exports aftermarket order for supply of Caravan Steel wheels for EU After market. Total order value would be about $100K for supplying around 12,000 wheels in a period of six months. This order is expected to repeat in coming months and the orders to be executed from the company’s Chennai plant.

Total European Caravan market is of 2.5 million wheels. SSWL is closely working with other customer for development of new high volume runners for this market.

SSWL is a part of the Steel Strips Group, headquartered in Chandigarh. It is engaged in the manufacturing of single piece steel wheel rims in the range of 10 to 30 inches for scooters, passenger cars, utility vehicles and tractors. It supplies rims to almost all major manufacturers of two wheelers, three wheelers, four wheelers, tractors and heavy commercial vehicle.

 

Steel Strips Wheels Share Price

219.25 -1.50 (-0.68%)
20-Apr-2026 11:11 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 124.75
Tube Investments 2831.75
Bosch 37990.00
UNO Minda 1101.65
CIE Automotive India 493.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×