Steel Strips Wheels is currently trading at Rs. 939.25, up by 6.70 points or 0.72% from its previous closing of Rs. 932.55 on the BSE.
The scrip opened at Rs. 944.95 and has touched a high and low of Rs. 944.95 and Rs. 936.40 respectively. So far 32 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. 930.00 on 11-Dec-2018.
Last one week high and low of the scrip stood at Rs. 951.95 and Rs. 931.00 respectively. The current market cap of the company is Rs. 1464.26 crore.
The promoters holding in the company stood at 57.64%, while Institutions and Non-Institutions held 1.94% and 40.42% respectively.
Steel Strips Wheels (SSWL) has secured prestigious export order of Rs 46 crore from Volkswagen (VW) Mexico for supplies to their Pacheco, Argentina plant. This order will include a new development of 18” Spare Steel wheel. Supplies would be from SSWL's Chennai plant for approximately 350,000 steel wheels expectedly starting in Y2020 for a period of 6 years amounting over $6.5 million revenues.
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. It supplies rims to almost all major manufacturers of two wheelers, three wheelers, four wheelers, tractors and heavy commercial vehicle.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: