Steel Strips Wheels is currently trading at Rs. 381.40, up by 12.70 points or 3.44% from its previous closing of Rs. 368.70 on the BSE.
The scrip opened at Rs. 370.00 and has touched a high and low of Rs. 387.40 and Rs. 370.00 respectively. So far 7301 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 458.00 on 28-Dec-2015 and a 52 week low of Rs. 262.70 on 18-Jun-2015.
Last one week high and low of the scrip stood at Rs. 387.40 and Rs. 365.10 respectively. The current market cap of the company is Rs. 585.49 crore.
The promoters holding in the company stood at 59.17% while Institutions and Non-Institutions held 0.56% and 40.27% respectively.
Steel Strips Wheels (SSWL) has bagged another exports order for supply of High Speed Trailer (Caravan) steel wheels for the European trailer market. Order comprises of supplying about 25,000 wheels in the next 6 months from SSWL’s Chennai plant. This order is valued to about Euro 155,000.
The order is resultant of the newly developed caravan wheels with an aim to increase SSWL’s presence in the highly competitive Caravan wheels market.
SSWL designs and manufacture automotive steel wheels since 1991 and is among the leading supplier to Indian & Global Automobile Manufacturers. The company’s product range comprises Steel wheels for two and three Wheelers, passenger cars, multi utility vehicles, tractors, trucks & OTR vehicles.
