SSWL shines on bagging another exports order for Truck wheels plant

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

27 Nov 2017 Evaluate

Steel Strips Wheels is currently trading at Rs. 954.95, up by 32.90 points or 3.57% from its previous closing of Rs. 922.05 on the BSE.

The scrip opened at Rs. 924.00 and has touched a high and low of Rs. 984.40 and Rs. 924.00 respectively. So far 9622 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 984.40 on 27-Nov-2017 and a 52 week low of Rs. 511.00 on 25-Nov-2016.

Last one week high and low of the scrip stood at Rs. 984.40 and Rs. 769.95 respectively. The current market cap of the company is Rs. 1480.96 crore.

The promoters holding in the company stood at 56.75%, while Institutions and Non-Institutions held 2.55% and 40.69% respectively.

Steel Strips Wheels (SSWL) has bagged another repeat exports order for its truck wheels plant in Chennai. The total order size is 2,500 truck wheels to be supplied in next month from Chennai Truck wheels plant.

The company is in advanced stage of discussions to finalize long term contracts with European customers and expects to close them by early next year. It has already marked its entry in the high potential Truck and Trailer Steel wheels market in EU and aims to strengthen it in near future.

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.

Steel Strips Wheels Share Price

211.65 -1.75 (-0.82%)

08-May-2026 16:59 View Price Chart

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