details

Peer companies

;

Share Market News

Steel Strips Wheels is currently trading at Rs. 697.60, down by 10.55 points or 1.49% from its previous closing of Rs. 708.15 on the BSE.The scrip opened at Rs. 696.00 and has touched a high and low of Rs. 700.00 and Rs. 694.00 respectively. So far 173 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 938.95 on 06-Mar-2019 and a 52 week low of Rs. 673.00 on 27-Feb-2020.Last one week high and low of the scrip stood at Rs. 738.00 and Rs. 673.00 respectively. The current market cap of the company is Rs. 1091.28 crore.The promoters holding in the company stood at 61.65%, while Institutions and Non-Institutions held 1.02% and 37.32% respectively.Steel Strips Wheels (SSWL) has achieved total wheel rim sales of 12.98 lakh in February 2020 as against 12.83 lakh in February 2019 representing a growth of 1% Y-o-Y. The company has achieved gross turnover of Rs 165.89 crore in February 2020 as against 177.4 crore in February 2019 there by recording de- growth of 7% and achieved Net turnover of Rs 137.77 crore in February 2020 as against 144.38 crore in February 2019 recording de-growth of 5%.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 is currently trading at Rs. 775.00, up by 9.85 points or 1.29% from its previous closing of Rs. 765.15 on the BSE.The scrip opened at Rs. 774.00 and has touched a high and low of Rs. 775.00 and Rs. 774.00 respectively. The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 942.00 on 02-Jan-2019 and a 52 week low of Rs. 720.00 on 09-Dec-2019.Last one week high and low of the scrip stood at Rs. 775.00 and Rs. 746.00 respectively. The current market cap of the company is Rs. 1191.05 crore.The promoters holding in the company stood at 61.10%, while Institutions and Non-Institutions held 1.02% and 37.89% respectively.Steel Strips Wheels (SSWL) has achieved total wheel rim sales of 11.94 lakh in December 2019 as against 11.30 lakh in December 2018, representing a growth of 6% Y-o-Y. The company has achieved gross turnover of Rs 153.71 crore in December 2019 as against Rs 178.39 crore in December 2018, there by recording a de-growth of 14% and achieved Net turnover of Rs 127.03 crore in December 2019 as compared to Rs 148.46 crore in December 2018, recording a de-growth of 14%. 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 is currently trading at Rs. 776.00, up by 0.90 points or 0.12% from its previous closing of Rs. 775.10 on the BSE.The scrip opened at Rs. 772.00 and has touched a high and low of Rs. 797.00 and Rs. 769.10 respectively. So far 3564 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1153.45 on 12-Nov-2018 and a 52 week low of Rs. 724.00 on 09-Jul-2019.Last one week high and low of the scrip stood at Rs. 797.00 and Rs. 769.10 respectively. The current market cap of the company is Rs. 1209.76 crore.The promoters holding in the company stood at 60.08%, while Institutions and Non-Institutions held 1.01% and 38.90% respectively.Steel Strips Wheels (SSWL) has received an exports order worth Rs 69 crore for market in the Western Hemisphere. The orders would be executed over a period of 12 months with supplies beginning this month from Chennai plant. This additional business will ensure continuation of 100 percent utilization of Chennai plant.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 (SSWL) is currently trading at Rs. 772.00, down by 10.55 points or 1.35% from its previous closing of Rs. 782.55 on the BSE.The scrip opened at Rs. 772.30 and has touched a high and low of Rs. 772.30 and Rs. 772.00 respectively.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1200.65 on 04-Sep-2018 and a 52 week low of Rs. 724.00 on 09-Jul-2019.Last one week high and low of the scrip stood at Rs. 782.95 and Rs. 772.00 respectively. The current market cap of the company is Rs. 1203.53 crore.The promoters holding in the company stood at 60.08%, while Institutions and Non-Institutions held 1.01% and 38.90% respectively.Steel Strips Wheels (SSWL) has achieved total wheel rim sales of 10.72 lakh in August 2019 as compared to 14.14 lakh in August 2018, recording a decline of 24%. The August month saw continued cut in inventory and production from auto makers to further rationalize the inventory. The August 2018 base was the highest ever so the base effect also played a role for double digit de-growth.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 (SSWL) is currently trading at Rs. 786.00, up by 2.00 points or 0.26% from its previous closing of Rs. 784.00 on the BSE.The scrip opened at Rs. 778.25 and has touched a high and low of Rs. 789.70 and Rs. 778.25 respectively. So far 71 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1221.00 on 27-Aug-2018 and a 52 week low of Rs. 724.00 on 09-Jul-2019.Last one week high and low of the scrip stood at Rs. 793.00 and Rs. 776.05 respectively. The current market cap of the company is Rs. 1217.17 crore.The promoters holding in the company stood at 60.08%, while Institutions and Non-Institutions held 1.01% and 38.90% respectively.Steel Strips Wheelshas received another export order for market in the Western Hemisphere worth Rs 17 crore. Orders would be executed over a period of 12 months with supplies already started this month from Chennai plant.With this additional business, Chennai plant will be running at 100 percent utilization and efforts are underway to debottleneck to raise utilization by another 25 percent.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 is currently trading at Rs. 773.00, down by 11.40 points or 1.45% from its previous closing of Rs. 784.40 on the BSE.The scrip opened at Rs. 776.40 and has touched a high and low of Rs. 777.25 and Rs. 771.15 respectively. So far 225 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1249.95 on 01-Aug-2018 and a 52 week low of Rs. 724.00 on 09-Jul-2019.Last one week high and low of the scrip stood at Rs. 793.85 and Rs. 771.15 respectively. The current market cap of the company is Rs. 1205.09 crore.The promoters holding in the company stood at 60.08%, while Institutions and Non-Institutions held 1.01% and 38.90% respectively.Steel Strips Wheels (SSWL) has achieved total wheel rim sales of 12.59 lakh in July 2019 as against 13.59 lakh in July 2018, representing de-growth of 7% Y-o-Y. The July month saw recovery in many section of automotive market as compared to June and the company expects this recovery to continue to going ahead for this financial year. There was a growth of 12% M-o-M in total Volumes with both exports and domestic markets showing signs of improvement. 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 is currently trading at Rs. 781.30, down by 5.50 points or 0.70% from its previous closing of Rs. 786.80 on the BSE.The scrip opened at Rs. 782.00 and has touched a high and low of Rs. 785.00 and Rs. 780.00 respectively. So far 200 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1341.20 on 11-Jul-2018 and a 52 week low of Rs. 774.50 on 20-Jun-2019.Last one week high and low of the scrip stood at Rs. 798.70 and Rs. 778.00 respectively. The current market cap of the company is Rs. 1216.00 crore.The promoters holding in the company stood at 58.79%, while Institutions and Non-Institutions held 1.02% and 40.19% respectively.Steel Strips Wheels (SSWL) has achieved total wheel rim sales of 11.28 lakh in June 2019 as against 12.66 lakh in June 2018, representing a de-growth of 10% Y-o-Y. The June month had a shutdown coupled with major inventory reduction exercise going on at all car manufacturer`s end. The company expects this to continue in July and come to normal levels of inventory by July to normalize production. 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 is currently trading at Rs. 804.00, up by 7.20 points or 0.90% from its previous closing of Rs. 796.80 on the BSE.The scrip opened at Rs. 815.00 and has touched a high and low of Rs. 815.00 and Rs. 790.25 respectively. So far 212 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1410.00 on 04-Jun-2018 and a 52 week low of Rs. 775.00 on 15-May-2019.Last one week high and low of the scrip stood at Rs. 825.00 and Rs. 790.25 respectively. The current market cap of the company is Rs. 1253.41 crore.The promoters holding in the company stood at 58.79%, while Institutions and Non-Institutions held 1.02% and 40.19% respectively.Steel Strips Wheels (SSWL) has reported total wheel rim sales of 12.10 lakh in May 2019 against 13.68 lakh in May 2018 representing de-growth of 1% Y-o-Y.The company has achieved gross turnover of Rs 195.10 crore in May 2019 against Rs 220.88 crore in May 2018, there by recording a de-growth of 12% and achieved Net turnover of Rs 160.15 crore in May 2019 against Rs 174.11 crore in May 2018, recording a de-growth of 9%.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.

The March 2019 quarter revenue stood at Rs. 5266.48 millions, up 22.17% as compared to Rs. 4310.81 millions during the corresponding quarter last year.The Company`s Net profit for the March 2019 quarter have declined marginally to Rs. 199.19  millions as against Rs. 223.95 millions reported during the corresponding quarter ended.OP of the company witnessed a marginal growth to 639.62 millions from 636.82 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201803 201703 % Var Sales 5266.48 4310.81 22.17 20411.88 15571.59 31.08 15571.58 14802.38 5.20 Other Income 74.04 71.79 3.13 174.62 134.45 29.88 134.45 184.30 -27.05 PBIDT 639.62 636.82 0.44 2633.50 2136.79 23.25 2136.78 1832.65 16.60 Interest 230.16 196.25 17.28 925.45 639.41 44.73 639.41 505.64 26.46 PBDT 409.46 440.55 -7.06 1708.07 1496.50 14.14 1496.50 1338.33 11.82 Depreciation 153.19 145.99 4.93 619.22 525.74 17.78 525.74 479.02 9.75 PBT 256.27 294.56 -13.00 1088.85 970.76 12.16 970.76 859.31 12.97 TAX 57.09 70.61 -19.15 265.30 219.84 20.68 219.85 302.48 -27.32 Deferred Tax 104.95 159.09 -34.03 196.72 176.53 11.44 176.54 103.17 71.12 PAT 199.19 223.95 -11.06 823.56 750.92 9.67 750.91 556.83 34.85 Equity 155.90 155.56 0.22 155.90 155.56 0.22 155.56 155.34 0.14 PBIDTM(%) 12.15 14.77 -17.79 12.90 13.72 -5.98 13.72 12.38 10.84

Steel Strips Wheels is currently trading at Rs. 860.00, up by 3.60 points or 0.42% from its previous closing of Rs. 856.40 on the BSE.The scrip opened at Rs. 860.00 and has touched a high and low of Rs. 884.50 and Rs. 860.00 respectively. So far 51 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1410.00 on 04-Jun-2018 and a 52 week low of Rs. 801.00 on 30-Apr-2019.Last one week high and low of the scrip stood at Rs. 886.00 and Rs. 801.00 respectively. The current market cap of the company is Rs. 1340.72 crore.The promoters holding in the company stood at 58.79%, while Institutions and Non-Institutions held 1.02% and 40.19% respectively.Steel Strips Wheels (SSWL) has reported total wheel rim sales of 11.99 lakh in April 2019 against 12.82 lakh in April 2018 representing de-growth of 7% Y-o-Y.The company has achieved gross turnover of Rs 197.22 crore in April 2019 against Rs 211.79 crore in April 2018, there by recording a de-growth of 7% and achieved Net turnover of Rs 161.07 crore in April 2019 against Rs 158.81 crore in April 2018, recording a de-growth of 1%.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 (SSWL) is currently trading at Rs. 875.95, up by 8.05 points or 0.93% from its previous closing of Rs. 867.90 on the BSE.The scrip opened at Rs. 875.95 and has touched a high and low of Rs. 875.95 and Rs. 875.95 respectively. So far 1 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1473.70 on 24-Apr-2018 and a 52 week low of Rs. 828.00 on 18-Feb-2019.Last one week high and low of the scrip stood at Rs. 876.00 and Rs. 840.00 respectively. The current market cap of the company is Rs. 1353.03 crore.The promoters holding in the company stood at 57.89%, while Institutions and Non-Institutions held 1.65% and 40.46% respectively.Steel Strips Wheels (SSWL) has reported total wheel rim sales of 10.80 lakh in March 2019 against 13.23 lakh in March 2018 representing de-growth of 18% Y-o-Y.The company has achieved gross turnover of Rs 187.18 crore in March 2019 against Rs 218.63 crore in March 2018, there by recording a de-growth of 14% and achieved Net turnover of Rs 151.59 crore in March 2019 against Rs 169.05 crore in March 2018, recording a de-growth of 10%.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 is currently trading at Rs. 910.10, up by 40.80 points or 4.69% from its previous closing of Rs. 869.30 on the BSE.The scrip opened at Rs. 879.00 and has touched a high and low of Rs. 929.65 and Rs. 876.00 respectively. So far 4277 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1473.70 on 24-Apr-2018 and a 52 week low of Rs. 828.00 on 18-Feb-2019.Last one week high and low of the scrip stood at Rs. 929.65 and Rs. 837.00 respectively. The current market cap of the company is Rs. 1431.14 crore.The promoters holding in the company stood at 57.89%, while Institutions and Non-Institutions held 1.65% and 40.46% respectively.Steel Strips Wheels (SSWL) has secured long term domestic order for supply of alloy wheels for an Indian OEM from its Mehsana Alloy wheel plant. The order comprises of 1.8Mn Alloy wheels distributed over the vehicle program life to be shipped from SSWL’s Mehsana plant from 2019 onwards. The program life is 5 years starting 2019. Total order value of the program life is Rs 480 crore. 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.