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Steel Strips Wheels’ shines as net sales improves by 5% in March 2013

Steel Strips Wheels Ltd. | Auto Ancillary | Automobiles | BSE: 513262 | NSE: SSWL

02 Apr 2013 Evaluate

Steel Strips Wheels is currently trading at Rs. 167.65, up by 4.80 points or 2.95% from its previous closing of Rs. 162.85 on the BSE.

The scrip opened at Rs. 165.00 and has touched a high and low of Rs. 174.65 and Rs. 165.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 240.90 on 17-Sep-2012 and a 52 week low of Rs. 147.85 on 05-Mar-2013.

The current market cap of the company is Rs. 254.00 crore.

The promoters holding in the company stood at 53.82% while Institutions and Non-Institutions held 2.63% and 43.55% respectively.

Steel Strips Wheels (SSWL) has achieved a gross sale of Rs 102.31 crore during March, 2013 period as against Rs 97.21 crore in March, 2012, registering a growth of 5.16%. The net sales of the company stood at Rs 92.63 crore in March 2013, up by 5.12% as against Rs 88.12 crore in March, 2012. The company has sold 9.17 lakhs steel wheel rims during the month under review, up marginally by 0.43% as against 9.13 lakhs steel wheel rims sold during the month of March, 2012.

The company has achieved export sales of 1,50,133 wheel rims during the month of March, 2013 as against 1,10,064 wheel rims during the month of March, 2012, registering a growth of 36.41%.

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.

Steel Strips Wheels Share Price

212.10 -3.90 (-1.81%)

23-Apr-2026 16:59 View Price Chart

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Steel Strips Wheels’ shines as net sales improves by 5% in March 2013

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