Steel Strips Wheels (SSWL) is currently trading at Rs. 1062.50, up by 28.10 points or 2.72% from its previous closing of Rs. 1034.40 on the BSE.
The scrip opened at Rs. 1028.50 and has touched a high and low of Rs. 1074.00 and Rs. 1028.50 respectively.
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. 709.00 on 20-Mar-2017.
Last one week high and low of the scrip stood at Rs. 1074.00 and Rs. 991.70 respectively. The current market cap of the company is Rs. 1,652.85 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 yet another big exports order for supply of Steel wheels for EU Caravan market. The order comprises of around 100,000 Steel wheels to be shipped from the company’s Chennai plant from May 2018 onwards until period of 5 months.
The company is on the verge of receiving similar export orders from another European customer in next future. This repeat order makes SSWL as a leading supplier of caravan Steel 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.
