Steel Strips Wheels (SSWL) is currently trading at Rs. 860.00, up by 12.55 points or 1.48% from its previous closing of Rs. 847.45 on the BSE.
The scrip opened at Rs. 842.30 and has touched a high and low of Rs. 865.00 and Rs. 842.30 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 952.90 on 24-Apr-2017 and a 52 week low of Rs. 382.90 on 31-May-2016.
Last one week high and low of the scrip stood at Rs. 865.00 and Rs. 825.00 respectively. The current market cap of the company is Rs. 1,337.84 crore.
The promoters holding in the company stood at 58.77%, while Institutions and Non-Institutions held 0.74% and 40.51% respectively.
SSWL has bagged another exports order for supply of Steel wheels for EU aftermarket. Total order covers supplies of over 5000 wheels in a period of 2 months with value approximately 60,000 euro. The wheels are to be dispatched from SSWL’s Chennai next month onwards. This order further augments SSWL's strong presence in the extremely competitive EU Steel wheels 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.
