Steel Strips Wheels is currently trading at Rs. 1029.15, up by 11.05 points or 1.09% from its previous closing of Rs. 1018.10 on the BSE.
The scrip opened at Rs. 1015.00 and has touched a high and low of Rs. 1035.00 and Rs. 1015.00 respectively. So far 233 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1225.00 on 10-Jan-2018 and a 52 week low of Rs. 685.00 on 08-Mar-2017.
Last one week high and low of the scrip stood at Rs. 1035.00 and Rs. 980.15 respectively. The current market cap of the company is Rs. 1605.80 crore.
The promoters holding in the company stood at 57.63%, while Institutions and Non-Institutions held 2.47% and 39.90% respectively.
Steel Strips Wheels (SSWL) has bagged another fresh exports order for its new Truck wheels plant in Chennai. Total order size is close to 2,000 truck wheels to be supplied in next 2 months.
The company has already marked its entry in the high potential Truck and Trailer Steel wheels market in EU. SSWL expects to increase its presence in Truck & Trailer market in the coming months given the world class manufacturing facility at its Chennai plant.
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.
