Steel Strips Wheels (SSWL) is currently trading at Rs. 1083.75, up by 17.15 points or 1.61% from its previous closing of Rs. 1066.60 on the BSE.
The scrip opened at Rs. 1074.25 and has touched a high and low of Rs. 1083.75 and Rs. 1070.35 respectively. So far 128 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. 710.30 on 21-Mar-2017.
Last one week high and low of the scrip stood at Rs. 1083.75 and Rs. 1028.50 respectively. The current market cap of the company is Rs. 1681.24 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 Exports order for supply of Steel Wheels for UK Aftermarket. Total order covers supplies of approximately 7,000 wheels in a period of 30 days. Wheels to be dispatched from SSWL’s Chennai & Dappar plant from this month onwards.
This order further augments SSWL’s strong presence in the extremely competitive UK Aftermarket for Steel wheels. The company also expects repeat orders from this customer in near future.
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.