Steel Strips Wheels Ltd
Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Not a good time to invest, stock is in overbought zone
Red Flags FoundASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock in ASM list and too much promoter holding pledged
Steel Strips Wheels Ltd
SSWL
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value
Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Not a good time to invest, stock is in overbought zone
Red Flags FoundASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock in ASM list and too much promoter holding pledged
Key Metrics
Forecast & RatingsDetailed Forecast
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Steel Strips Wheels Limited is engaged in the manufacturing of steel wheel rims catering to different segments of automobile industry.
PeersCompare with peers
Motherson Sumi Systems Ltd
Bosch Ltd
Endurance Technologies Ltd (CN)
Sona BLW Precision Forgings Ltd
Schaeffler India Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Financial TrendFinancial statements
Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
High Pledged Promoter HoldingLower pledged promoter holdings is considered better
A significant proportion of promoter holdings is pledged
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
Steel Strips Wheels hits 52-week high on record turnover in July 2021
1 day ago•India Infoline
Steel Strips Wheels freezes at 10% upper circuit on record turnover in July
3 days ago•Business Standard
Steel Strips Wheels achieves record sales performance in July 2021
3 days ago•Business Standard
Recent EventsAll events
Updates
Steel Strips Wheels Limited has informed the Exchange regarding 'SSWL crosses 300 Crores Monthly Sales for the first time - in July-2021'. Highest Ever Export Sales ￂﾠ Highest Ever Alloy Wheel Sales ￂﾠ Highest Ever Tractor Wheel Sales.ￂﾠSSWL has achieved highest ever Net turnover of Rs.306.12 Crs in July 2021 Vs Rs.110.35 Crs in July 2020,ￂﾠrecording a growth of 177.41 % YOYￂﾠand achieved Gross turnover of Rs 372.22 Crs in July 2021 Vs 132.75 Crs in July 2020, there by recording a growth of 180.39 % YOY.ￂﾠ ￂﾠ Segment wise Breakup of growth ￂﾠ Segmentￂﾠￂﾠ (by Value) July Growth MOM July Growth (YoY) Exports 480% 38% 2 & 3 Wheelers 69% 92% Truck 44% 18% Tractor 44% 18% Passenger Car 12% 16% Overall 26% 177% ￂﾠ Exports Segment volume rose by 164%ￂﾠThe export segment achieved highest ever sales and crosses 100 Cr first time ever in July 2021, and expects the growth to continue going ahead in Q2 of FY 21-22 ￂﾠ PV segment volume grew by 66 % YOYￂﾠThe PV volumes saw a growth with Continued demand, going ahead towards festival season we hope that the upward growth for PV segment going ahead in Q2. ￂﾠ Tractor volumes rose by 21% YoY.ￂﾠThe tractor segment continued to report a positive growth in the month, as SSWL registers its highest ever sales in the segment in Jul-2021 we hope that this will continue with upward trend for Q2. ￂﾠ Commercial Vehicles segment volumes rose by 188% YoY.ￂﾠThe CV segment reported 188 % growth YoY. The segment is expected to witness momentum going ahead in coming months. ￂﾠ 2 & 3 Wheelers Segment volume rose by 89%. The 2/3 wheeler segment shows positive growth. Going ahead with festival season coming on The segment is expected to recover and show growth in the Q2 and Q3. | Download
Steel Strips Wheels Limited has informed the Exchange regarding 'SSWL crosses 300 Crores Monthly Sales for the first time - in July-2021'. Highest Ever Export Sales ￂﾠ Highest Ever Alloy Wheel Sales ￂﾠ Highest Ever Tractor Wheel Sales.ￂﾠSSWL has achieved highest ever Net turnover of Rs.306.12 Crs in July 2021 Vs Rs.110.35 Crs in July 2020,ￂﾠrecording a growth of 177.41 % YOYￂﾠand achieved Gross turnover of Rs 372.22 Crs in July 2021 Vs 132.75 Crs in July 2020, there by recording a growth of 180.39 % YOY.ￂﾠ ￂﾠ Segment wise Breakup of growth ￂﾠ Segmentￂﾠￂﾠ (by Value) July Growth MOM July Growth (YoY) Exports 480% 38% 2 & 3 Wheelers 69% 92% Truck 44% 18% Tractor 44% 18% Passenger Car 12% 16% Overall 26% 177% ￂﾠ Exports Segment volume rose by 164%ￂﾠThe export segment achieved highest ever sales and crosses 100 Cr first time ever in July 2021, and expects the growth to continue going ahead in Q2 of FY 21-22 ￂﾠ PV segment volume grew by 66 % YOYￂﾠThe PV volumes saw a growth with Continued demand, going ahead towards festival season we hope that the upward growth for PV segment going ahead in Q2. ￂﾠ Tractor volumes rose by 21% YoY.ￂﾠThe tractor segment continued to report a positive growth in the month, as SSWL registers its highest ever sales in the segment in Jul-2021 we hope that this will continue with upward trend for Q2. ￂﾠ Commercial Vehicles segment volumes rose by 188% YoY.ￂﾠThe CV segment reported 188 % growth YoY. The segment is expected to witness momentum going ahead in coming months. ￂﾠ 2 & 3 Wheelers Segment volume rose by 89%. The 2/3 wheeler segment shows positive growth. Going ahead with festival season coming on The segment is expected to recover and show growth in the Q2 and Q3. | Download
Loss of Share Certificates
Steel Strips Wheels Limited has informed the Exchange about Loss of Share Certificates.We wish to inform you that, pursuant to Regulation 39(3) of SEBI Listing Regulations, the Company has received the following communication from the shareholder of the Company regarding loss of share certificates:ￂﾠFolio Noￂﾠￂﾠￂﾠ Nameￂﾠￂﾠￂﾠ Certificate No.ￂﾠￂﾠￂﾠ Distinctive No.ￂﾠￂﾠￂﾠ No. of Sharesￂﾠￂﾠￂﾠ0033486ￂﾠￂﾠ VARSHA MAHENDRA VEDￂﾠￂﾠￂﾠ 85466ￂﾠￂﾠTo85469ￂﾠￂﾠ 6614001- 6614200ￂﾠￂﾠￂﾠ ￂﾠￂﾠ 2000011819ￂﾠ RAKESH KUMAR JAINￂﾠￂﾠￂﾠ 62994ￂﾠￂﾠ To62995 5490401 - 5490500ￂﾠￂﾠￂﾠ 100ￂﾠThe Company shall approve and issue duplicate share certificates upon satisfaction of all the necessary documents required for processing the request. | Download
Steel Strips Wheels Limited has informed the Exchange about Loss of Share Certificates.We wish to inform you that, pursuant to Regulation 39(3) of SEBI Listing Regulations, the Company has received the following communication from the shareholder of the Company regarding loss of share certificates:ￂﾠFolio Noￂﾠￂﾠￂﾠ Nameￂﾠￂﾠￂﾠ Certificate No.ￂﾠￂﾠￂﾠ Distinctive No.ￂﾠￂﾠￂﾠ No. of Sharesￂﾠￂﾠￂﾠ0033486ￂﾠￂﾠ VARSHA MAHENDRA VEDￂﾠￂﾠￂﾠ 85466ￂﾠￂﾠTo85469ￂﾠￂﾠ 6614001- 6614200ￂﾠￂﾠￂﾠ ￂﾠￂﾠ 2000011819ￂﾠ RAKESH KUMAR JAINￂﾠￂﾠￂﾠ 62994ￂﾠￂﾠ To62995 5490401 - 5490500ￂﾠￂﾠￂﾠ 100ￂﾠThe Company shall approve and issue duplicate share certificates upon satisfaction of all the necessary documents required for processing the request. | Download
Cash Dividend
Final • Div/Share: ₹ 4
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value