Steel Strips Wheels Ltd

Steel Strips Wheels Ltd (SSWL)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-10.09 %
3 Month Return-1.82 %
1 Year Return104.57 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 58
Rank 58
Rank 65
Dividend Yield
Rank 42
Rank 47
Price To Book Ratio
Rank 49
Debt To Asset
Rank 65

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.
OrganisationSteel Strips Wheels Ltd
IndustryAuto Ancillaries