close

Steel Strips Wheels Ltd

Know More
NSEBSE

265.158.55 (3.33%)

12:00 AM,22nd Sep 2023

265.359.05 (3.53%)

12:00 AM,22nd Sep 2023

BSE : 513262

NSE : SSWL

Sector : Auto

ISIN Code : INE802C01033

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Sep 22 2023 | 12:00 AM IST

Market Cap (₹ Cr)

4149

Turnover (₹ Cr)

1.45

Volume (Shares)

547881

Face Value

1

52-WK High

289.50

52-WK High Date

12 Sep 2023

52-WK Low

128.25

52-WK Low Date

30 Jan 2023

All Time High

289.50

All Time High Date

12 Sep 2023

All Time Low

3.06

All Time Low Date

02 Apr 2009

Steel Strips Wheels Ltd

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. The Company is a leading manufacturer of Automotive Wheel rims.SSWL started commercial production from 1991. The company is armed with the latest know-how manufacturing automobile wheel rims (cap. : 1.8 mln) at its state-of-the-art 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.SSWL's 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 1997-98.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 1998-99 is at the completing stage and programme is likely to be completed in September 2001.In the year 1999-2000 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.During year 2003-04 the Company designed and developed wheels for new models of Cars MUV's Scooters and Tractors including INDIGO/ROVER 207-DI WAGON RVXI MODEL-E GALAXY TRACTOR FRONT WHEEL and TRACTOR REAR WHEEL. It also commenced mass production of wheels like BOLERO/SCORPIO CAMPER/SAVARI SINGLE CAB HONDA-LQ. The Company commenced mass production of Maruti's Model-K (swift) wheel in FY 2004-05. It completed its modernization cum expansion plan to increase its installed capacity to 7.5 Million Wheels per annum including for LCV Wheels during FY 2006-07. It set up a new plant for manufacturing wheel rims for passenger cars and MUVs at Oragadam near Chennai in Tamil Nadu with installed capacity of 3 million in FY 2007-08. It commenced commercial production at Oragadam plant (near Chennai) Tamil Nadu with installed capacity of 2.50 million Wheel Rims in FY 2008-09. The Company's new Truck Wheel Rims Facility at Jamshedpur commenced its commercial production during the year 2010-11. The Company added additional capacity at its Dappar plant. With this the total installed capacity results enhanced from 7.50 million wheel Rims to 9.00 million wheel rims p.a. during FY 2010-11. The Second phase expansion at the Oragadam unit of the company was completed during the year 2011-12 which had started the commercial production. With this the total installed manufacturing capacity of Oragadam unit of the Company increased from 2.5 million to 6 million wheel rims p.a. With the commissioning of Jamshedpur unit setting up of additional line at Dappar and expansion of Oragadam unit of the company the total installed capacity of the company has increased to 16 million wheel rims per annum during FY 2011-12. During the year 2015-16 the manufacturing capacity of Jamshedpur plant of the Company has enhanced from 1 million wheel rims to 1.60 million wheel rims p.a. The said additional capacity of 0.60 million commenced its Commercial Production w.e.f 1st October 2015. As a result the total installed capacity of the Company comprising of Jamshedpur Dappar and Chennai Plant increased from 16 million to 16.60 million wheel rims p.a. The Company had also put up a high-tech Steel Processing Unit named Ute Mayr Steel Service Centre at Dappar unit (Punjab) of the Company for Steel Pickling Slitting and Cut to Length with a monthly processing capacity of 20000 Ton Steel. With the setting up of high-tech Steel the said Steel Processing Unit has commenced its commercial production w.e.f. 31st March 2016.

Steel Strips Wheels Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

4149

EPS - TTM (₹) [S]

12.35

P/E Ratio (X) [S]

3.84

Face Value (₹) 1
Latest Dividend (%)100.00
Latest Dividend Date 14 Aug 2023
Dividend Yield (%) 0.38
Book Value Share (₹) [S]69.13
P/B Ratio (₹) [S]3.84
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Bandhan Emerging Businesses Fund (G) 9.64 380451 0.48
Bandhan Emerging Businesses Fund (IDCW) 9.64 380451 0.48
Bandhan Emerging Businesses Fund - Direct (G) 9.64 380451 0.48
Bandhan Emerging Businesses Fund - Direct (IDCW) 9.64 380451 0.48
Bandhan Transportation and Logistics Fund-Reg (G) 8.36 330000 2.58
Bandhan Transportation and Logistics Fund-Reg (IDCW) 8.36 330000 2.58
Bandhan Transportation and Logistics Fund-Dir (G) 8.36 330000 2.58
Bandhan Transportation and Logistics Fund-Dir (IDCW) 8.36 330000 2.58
Motilal Oswal Nifty Microcap 250 Index Fund-Reg (G) 0.59 23240 0.18
Motilal Oswal Nifty Microcap 250 Index Fund-Dir (G) 0.59 23240 0.18

Load more

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

254.45

268.00

Week Low/High

254.45

274.00

Month Low/High

224.25

290.00

Year Low/High

128.25

290.00

All time Low/High

0.40

290.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-2.48%-2.18%-2.70-2.57%
1 Month15.51%15.51%1.211.43%
3 Month37.42%37.28%4.384.81%
6 Month86.00%83.81%13.6615.00%
1 Year59.73%59.64%11.6511.60%
3 Year515.20%514.48%74.9376.39%

Financials

Graph
Table

Bulk/ Block

ALL
NSE
BSE
ALL
BUY
SELL
DateClient NameExchangeTransactionQuantityPrice
26-03-2018ADITYA BIRLA SUN LIFE MUTUAL FUNDBSEBUY2874631045.00
26-03-2018ADITYA BIRLA SUN LIFE MUTUAL FUNDBSESELL2874631045.00
23-11-2017DHG MARKETING PRIVATE LTD.NSEBUY129957811.76
23-11-2017GS GLOBAL CORPORATIONNSESELL124799754.19
06-06-2017BIRLA MUTUAL FUND SCHEMENSEBUY148429885.00
06-06-2017BIRLA SUN LIFE MUTUAL FUNDBSEBUY149034885.00
08-12-2011CROSSEAS CAPITAL SERVICES PRIVATE LIMITEDBSESELL104653239.46
08-12-2011CROSSEAS CAPITAL SERVICES PRIVATE LIMITEDBSEBUY104653239.94
08-12-2011CROSSEAS CAPITAL SERVICES PVT. LTD.NSEBUY104482239.40
08-12-2011CROSSEAS CAPITAL SERVICES PVT. LTD.NSESELL104482240.10

Load More

Peer Group Comparison

NamePrice(In Rs)Chg(%)Mkt Cap(Rs Cr)Sales(Rs Cr)Profit(Rs Cr)EPS(Rs)P/E(x)

Shareholding Pattern

Jun 2023
Archive
CategoryShare(%)
Promoter62.68
Financial Institutions Banks0.00
Foreign Institutional Investors0.20
Insurance Companies0.19
Mutual Funds Uti0.21
Other Institutional Investors6.26
Indian Public15.65
Others Non Institutional Investors14.81
Custodians0.00

Corporate Action

Announcement DatePurposeFromToRemarks
Data Not Found

Price History

Search for Price History

DateOpenHighLowCloseSharesTrades
Data Not Found

Load more

Company Info

Company Information

Chairman (Non-Executive) : R K Garg

Managing Director : Dheeraj Garg

Whole-time Director : Manohar Lal Jain

Company Sec. & Compli. Officer : Shaman Jindal

Deputy Managing Director : A V Unnikrishnan

Nominee : Sanjay Surajprakash Sahni

Independent Director : Virander Kumar Arya

Independent Director : Shashi Bhushan Gupta

Independent Director : Ajit Singh Chatha

Independent Director : Surinder Singh Virdi

Non Executive Director : Sanjay Garg

Independent Director : Deva Bharathi Reddy

Independent Director : Siddharth Bansal

Registered Office: Village Somalheri/Lehli, PO Dappar Tehsil Derabassi,Mohali,Punjab-140506 Ph: 91-172-2793112

Email:ssl_ssg@glide.net.in

URL:http://www.sswlindia.com