Steel Strips Wheels Ltd (SSWL)
₹223.9
Steel Strips Wheels Ltd share Performance
- ₹223.5₹228.65₹223.9
0.18%
Low
Day's Volatility:2.30%
High
2.12%
- ₹145.95₹299₹223.9
34.81%
Low
52 Weeks Volatility:68.36%
High
33.54%
| Returns % | |
| 1 Month Return | 0.67 % |
| 3 Month Return | -18.33 % |
| 1 Year Return | 41.6 % |
| Market Stats | |
| Previous Close | ₹226.35 |
| Open | ₹227.50 |
| Volume | 3.55L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,552.10Cr |
Analyst Rating
based on 3 analysts
Based on 3 analysts offering long term price targets for Steel Strips Wheels Ltd. An average target of ₹352.67
Source: S&P Global Market Intelligence
Company Information
Share Price: ₹223.90 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹3,552.10Cr as of today
Revenue: ₹1,110.30Cr as on December 2023 (Q4 23)
Net Profit: ₹59.41Cr as on December 2023 (Q4 23)
Listing date: 06 Jun, 2005
Chairperson Name: R K Garg
| Organisation | Steel Strips Wheels Ltd |
| Headquarters | |
| Industry | Auto Ancillaries |
| E-voting on shares | Click here to vote |
Key events for Steel Strips Wheels Ltd
Steel Strips Wheels Secures Strategic Supply Agreement - 16 Apr, 2024
Steel Strips Wheels has secured a strategic supply agreement and a maiden entry as a supplier of aluminum wheels to one of the top passenger car manufacturers in India. The company reported an increase in revenue from operations by 18.31% to Rs. 1,110.30 crore in Q3 FY24 over Q3 FY23.
Steel Strips Wheels Receives Buy Call from Axis Securities - 01 Apr, 2024
Axis Securities has issued a buy call for Steel Strips Wheels Ltd with a target price of Rs 245. Meanwhile, SSWL's net turnover fell by 7% YoY in March 2024, but the company saw a significant increase in consolidated net profit in Q3 FY24.
Fundamentals of Steel Strips Wheels Ltd
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.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 5 quarters, 43.77 Cr → 59.41 Cr (in ₹), with an average increase of 7.3% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.64% to 1.74% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Cummins India Ltd has given 270.0% return, outperforming this stock by 30.1%
- NO EFFECT
Against Peers
In the last 1 year, Cummins India Ltd has given 108.8% return, outperforming this stock by 67.2%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 61.91% to 60.98% in Mar 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.66% to 0.53% in Mar 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 29.20% to 28.80% in Mar 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.13K Cr → 1.11K Cr (in ₹), with an average decrease of 2.2% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, SSWL stock has moved down by -17.0%
Steel Strips Wheels Ltd Valuation
Steel Strips Wheels Ltd in the last 5 years
Lowest (16.74x)
April 22, 2024
Today (17.17x)
April 24, 2024
Industry (58.58x)
April 24, 2024
Highest (34.58x)
January 5, 2023
Mutual Fund Holdings
| Funds | Holdings |
 Aditya Birla Sun Life Small Cap Fund Direct Plan Growth | 0.74% |
 Invesco India Smallcap Fund Direct Growth | 0.34% |
 Bandhan Small Cap Fund Direct Growth | 0.27% |
| Aditya Birla Sun Life Special Opportunities Fund Dir Growth | 0.23% |
 Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth | 0.13% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 60.98% | 0.00 | |
| Foreign Institutions | 0.53% | 0.00 | |
| Mutual Funds | 1.74% | 0.00 | |
| Retail Investors | 28.8% | 0.00 | |
| Others | 7.95% | 0.00 |
Technicals of Steel Strips Wheels Ltd share
News & Events of Steel Strips Wheels Ltd
Frequently Asked Questions
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Steel Strips Wheels Ltd (SSWL) share price today is ₹223.9
Steel Strips Wheels Ltd is listed on NSE
Steel Strips Wheels Ltd is listed on BSE
- Today’s highest price of Steel Strips Wheels Ltd is ₹228.65.
- Today’s lowest price of Steel Strips Wheels Ltd is ₹223.5.
PE Ratio of Steel Strips Wheels Ltd is 17.17
PE ratio = Steel Strips Wheels Ltd Market price per share / Steel Strips Wheels Ltd Earnings per share
Today’s traded volume of Steel Strips Wheels Ltd(SSWL) is 3.55L.
Today’s market capitalisation of Steel Strips Wheels Ltd(SSWL) is ₹3552.1Cr.
| Steel Strips Wheels Ltd(SSWL | Price |
|---|---|
52 Week High | ₹299 |
52 Week Low | ₹145.95 |
Steel Strips Wheels Ltd(SSWL) share price is ₹223.9. It is down -25.12% from its 52 Week High price of ₹299
Steel Strips Wheels Ltd(SSWL) share price is ₹223.9. It is up 53.41% from its 52 Week Low price of ₹145.95
| Steel Strips Wheels Ltd(SSWL | Returns |
|---|---|
1 Day Returns | -2.45% |
1 Month Returns | 0.67% |
3 Month Returns | -18.33% |
1 Year Returns | 41.6% |