Steel Strips Wheels Ltd

Steel Strips Wheels Ltd Performance

₹151.5
Day's Price Range
₹158
₹128.25
52-Week Price Range
₹190
1 Month Return-2.14 %
3 Month Return2.83 %
1 Year Return-8.81 %

Analyst Rating

based on 1 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 1 analysts offering long term price targets for Steel Strips Wheels Ltd. An average target of ₹255

Source: S&P Global Market Intelligence

Analyst Forecast

Steel Strips Wheels Ltd price forecast by 1 analysts

Upside of68.99%

High

₹255

Target

₹255.00

Low

₹255

Current Price: ₹152.6

Target Price: ₹255

Source: S&P Global Market Intelligence

Steel Strips Wheels Ltd Price Movements

  • Steel Strips increased 2% on 01 Mar, 2023

    Steel Strips share price gained after the company witnessed a 10% yearly rise in net turnover to Rs 350.4 crores.

Insights on Steel Strips Wheels Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up
    img

    Mutual Funds have increased holdings from 0.00% to 0.13% in Dec 2022 quarter

  • imgPOSITIVE IMPACT

    Price Rise
    img

    In the last 3 years, SSWL stock has moved up by 214.7%

  • imgPOSITIVE IMPACT

    FII Holding Up
    img

    Foreign Institutions have increased holdings from 0.14% to 0.20% in Dec 2022 quarter

  • imgNO EFFECT

    Against Peers
    img

    In the last 3 years, Tube Investments of India Ltd has given 617.4% return, outperforming this stock by 402.7%

  • imgNO EFFECT

    Against Peers
    img

    In the last 1 year, Tube Investments of India Ltd has given 57.4% return, outperforming this stock by 66.2%

  • imgNO EFFECT

    Promoter Holding Unchanged
    img

    Promoters holdings remained unchanged at 62.60% of holdings in Dec 2022 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down
    img

    Retail Investor have decreased holdings from 36.85% to 31.15% in Dec 2022 quarter

Steel Strips Wheels Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
62.6%
0.00
Foreign Institutions
0.2%
37.68
Mutual Funds
0.13%
2942.86
Retail Investors
31.15%
-15.46
Others
5.93%
1345.96

Steel Strips Wheels Ltd Company Financials

  • Annual
Total Assets
Total Liabilities
Value in ₹ crore

Steel Strips Wheels Ltd Company Information

Steel Strips Wheels SSWL a part of the multifaceted Steel Strips group has the accumulated experience of the group behind it. The other companies of the group are Steel Strips the flagship company of the group Steel Strips Tubes S A Builders and Indian Acrylics.SSWL started commercial production from 1991. The company is armed with the latest knowhow manufacturing automobile wheel rims cap. : 1.8 mln at its stateoftheart manufacturing unit at Chandigarh. The company introduced for the first time in the country Cathodic Electro Deposition to its product range. Its surface coating plant has been supplied erected and commissioned by a leading company from the US. The Rim Line unit has been supplied by Hess Engineering US and the paint shop has been supplied by George Koch Sons US.SSWLs main clients are Maruti Udyog MUL Mahindra Mahindra Bajaj Tempo etc. The company is striving to achieve the ISO 9000 certification.The commercial production of new wheels for Honda Siel Car was started in the year 199798.The technical collaboration with Ring Tech Co Ltd was for a period of 3 years.The modernization cum expansion programme to enhance the installed capacity which was started in the year 199899 is at the completing stage and programme is likely to be completed in September 2001.In the year 19992000 the company has tied up technology with Japanese technical consultants relating to process and product quality control reduce rejection substantially from the present level upgrade product quality assurance systems impart advance training in wheel and die design and technical assistance to staff for procurment of equipments.The company plans to introduce tractor wheels in the near future.

Steel Strips Wheels Ltd Share Price: ₹152.60 per share as on 23 Mar, 2023 04:01 PM
Steel Strips Wheels Ltd Market Capitalisation: ₹2,250.66Cr as of today
Steel Strips Wheels Ltd Listing date: 06 Jun, 2005
Steel Strips Wheels Ltd Chairperson Name: R K Garg
OrganisationSteel Strips Wheels Ltd
HeadquartersMohali
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Frequently Asked Questions

Steel Strips Wheels Ltd(SSWL) share price today is ₹152.60 (last updated 23 Mar, 2023 at 04:01 PM)

  • Today’s highest price of Steel Strips Wheels Ltd(SSWL) is ₹158.00.
  • Today’s lowest price of Steel Strips Wheels Ltd(SSWL) is ₹151.50.
  • (last updated 23 Mar, 2023 at 04:01 PM)
Today’s traded volume of Steel Strips Wheels Ltd(SSWL) is 141022.
Today’s market capitalisation of Steel Strips Wheels Ltd(SSWL) is ₹2,250.66Cr.
Steel Strips Wheels Ltd(SSWL)Price
52 Week High₹190.00
52 Week Low₹128.25
  • (last updated 23 Mar, 2023 at 04:01 PM)
  • Steel Strips Wheels Ltd(SSWL) share price is ₹152.60 (last updated 23 Mar, 2023 at 04:01 PM). It is down -19.68% from its 52 Week High price of ₹190.00
    Steel Strips Wheels Ltd(SSWL) share price is ₹152.60 (last updated 23 Mar, 2023 at 04:01 PM). It is up 18.99% from its 52 Week Low price of ₹128.25
    Steel Strips Wheels Ltd(SSWL)Returns (%)
    1 Day Returns1.13%
    1 Month Returns-2.14%
    1 Year Returns-8.81%
    3 Year Returns214.70%
    5 Year Returns43.85%
    Steel Strips Wheels Ltd(SSWL) share price is ₹152.60 and its price to earning (PE) is 0.00. A high PE ratio indicates that a share price is overvalued, or investors are expecting a high growth rate in the future.

    Indian stocks brokerage services are provided by INDmoney Private Limited. INDmoney Private Limited is carrying out the business of in respect to stock broking activities and also carries out the activities of depository participant. SEBI Registration No. INZ000305337 | SEBI Depository Participant Registration No. IN-DP-690-2022 Depository Participant ID: CDSL 12095500 | Trading and Clearing Member of NSE (90267, M70042) and BSE (6779)

    Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and not recommendatory. Past performance is not indicative of future returns.