SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SSWL soars on bagging 18000 wheels order from European Aftermarket

17 Jul 2018 Evaluate

Steel Strips Wheels is currently trading at Rs. 1245.45, up by 12.75 points or 1.03% from its previous closing of Rs. 1232.70 on the BSE.

The scrip opened at Rs. 1245.45 and has touched a high and low of Rs. 1245.45 and Rs. 1239.00 respectively. So far 10 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1473.70 on 24-Apr-2018 and a 52 week low of Rs. 769.95 on 23-Nov-2017.

Last one week high and low of the scrip stood at Rs. 1341.20 and Rs. 1221.00 respectively. The current market cap of the company is Rs. 1937.46 crore.

The promoters holding in the company stood at 57.63%, while Institutions and Non-Institutions held 2.16% and 40.21% respectively.

Steel Strips Wheels (SSWL) has bagged exports order of steel wheels form European Aftermarket. Total order covers supplies of approximately 18000 wheels in August 2018 from SSWL’s Chennai. This order further augments SSWL’s strong presence in the competitive European Aftermarket for steel 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.

Steel Strips Wheels Share Price

211.65 -1.75 (-0.82%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 131.95
Tube Investments 3048.15
Bosch 38138.45
UNO Minda 1178.05
CIE Automotive India 474.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×