Steel Strips Wheels is currently trading at Rs. 881.00, up by 2.35 points or 0.27% from its previous closing of Rs. 878.65 on the BSE.
The scrip opened at Rs. 878.00 and has touched a high and low of Rs. 890.00 and Rs. 875.05 respectively. So far 840 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 956.60 on 12-Jun-2017 and a 52 week low of Rs. 467.00 on 19-Jul-2016.
Last one week high and low of the scrip stood at Rs. 897.00 and Rs. 859.95 respectively. The current market cap of the company is Rs. 1374.32 crore.
The promoters holding in the company stood at 58.77%, while Institutions and Non-Institutions held 0.74% and 40.51% respectively.
Steel Strips Wheels (SSWL) has bagged yet another exports order for supply of Steel wheels for EU Caravan, market. This order covers supplies of approx 40,000 numbers of 13” & 14” Caravan Wheels, in a period of 4 months. The wheels will he shipped from the company’s Chennai plant. This repeat order strengthens SSWL’s position as a strong player in extremely competitive caravan wheels market in European region.
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.
