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SSWL gains on reporting 7% rise in total wheel rim sales in September

Steel Strips Wheels Ltd. | Auto Ancillary | Automobiles | BSE: 513262 | NSE: SSWL

04 Oct 2017 Evaluate

Steel Strips Wheels is currently trading at Rs. 861.40, up by 11.80 points or 1.39% from its previous closing of Rs. 849.60 on the BSE.

The scrip opened at Rs. 860.80 and has touched a high and low of Rs. 900.75 and Rs. 857.50 respectively. So far 2539 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. 481.10 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 900.75 and Rs. 840.05 respectively. The current market cap of the company is Rs. 1368.95 crore.

The promoters holding in the company stood at 56.75%, while Institutions and Non-Institutions held 2.57% and 40.68% respectively.

Steel Strips Wheels (SSWL) has reported 7% rise in its total wheel rim sales to 12.92 lakh in September 2017, as compared to 12.09 lakh in September 2016.

In terms of value, the company has achieved gross turnover of Rs 153.22 crore in September 2017 compared to Rs 101.33 crore in September 2016, there by recording a growth of 51% and achieved net turnover of Rs 123.82 crore in September 2017 compared to Rs 91.25 crore in September 2016, recording a growth of 36%.

Steel Strips Wheels (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.17.92 points or 0.14% to 12,920.57.

Steel Strips Wheels Share Price

220.75 7.90 (3.71%)

17-Apr-2026 16:59 View Price Chart

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SSWL gains on reporting 7% rise in total wheel rim sales in September

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