Steel Strips Wheels is currently trading at Rs. 1247.00, up by 18.65 points or 1.52% from its previous closing of Rs. 1228.35 on the BSE.
The scrip opened at Rs. 1244.00 and has touched a high and low of Rs. 1265.00 and Rs. 1234.80 respectively. So far 395 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. 1,290.00 and Rs. 1210.00 respectively. The current market cap of the company is Rs. 1939.87 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.
