Steel Strips Wheels surges on turning black in Q4

10 May 2021 Evaluate

Steel Strips Wheels is currently trading at Rs. 760.55, up by 2.55 points or 0.34% from its previous closing of Rs. 758.00 on the BSE.

The scrip opened at Rs. 785.00 and has touched a high and low of Rs. 785.00 and Rs. 747.00 respectively. So far 4471 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 830.00 on 07-May-2021 and a 52 week low of Rs. 317.35 on 20-May-2020.

Last one week high and low of the scrip stood at Rs. 830.00 and Rs. 625.00 respectively. The current market cap of the company is Rs. 1193.42 crore.

The promoters holding in the company stood at 62.77%, while Institutions and Non-Institutions held 1.39% and 35.84% respectively.

Steel Strips Wheels has reported results for fourth quarter and year ended March 31, 2021.

The company has reported net profit at Rs 44.56 crore for the quarter under review as compared to net loss of Rs 5.25 crore for the same quarter in the previous year. Total income of the company decreased by 78.94% at Rs 706.35 crore for Q4FY21 as compared Rs 394.75 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported 2-fold jump in its net profit at Rs 49.25 crore as compared to Rs 23.45 crore for the previous year. Total income of the company increased by 11.37% at Rs 1765.73 crore for year under review as compared to Rs 1585.46 crore for year ended March 31, 2020.

Steel Strips Wheels Share Price

223.00 -0.85 (-0.38%)
28-Mar-2024 16:01 View Price Chart
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