Steel Strips Wheels Ltd
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE 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
Good time to consider, as stock is not in overbought zone
No Red FlagsASM 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 not in ASM/GSM lists and not a lot of promoter holding is 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
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE 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
Good time to consider, as stock is not in overbought zone
No Red FlagsASM 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 not in ASM/GSM lists and not a lot of promoter holding is pledged
Key Metrics
| PE RatioPE Ratio | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 12.55 | 3.44 | 0.45% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 132.30 | 5.70 | 0.57% |
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.
Investor PresentationView older
View Older PresentationsPeersCompare with peers
Samvardhana Motherson International Ltd
Bosch Ltd
Schaeffler India Ltd
Sona BLW Precision Forgings Ltd
UNO Minda 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
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
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
SSWL gains after turnover jumps nearly 19% YoY in July
1 week ago•Business Standard
Steel Strips Wheels Q1 Review - Miss On Exports, CV, Alloy Wheels To Drive Growth: Axis Securities
2 weeks ago•Bloomberg Quint
SSWL skids after Q1 PAT slips 14% YoY to Rs 44 cr
3 weeks ago•Business Standard
Recent EventsAll events
Newspaper Advertisements
Steel Strips Wheels Limited has informed the Exchange about Newspaper Advertisements. Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the copies of the newspaper advertisement titled ￢ﾀﾜNotice to Shareholders - Transfer of Equity Shares to Investor Education and Protection Fund Authority (IEPFA)￢ﾀﾝ. The said advertisement is published, one in english language national daily newspaper i.e. Financial Express and one in punjabi language newspaper i.e. Desh Sewak Punjab, in the region, where our registered office is situated. | Download
Steel Strips Wheels Limited has informed the Exchange about Newspaper Advertisements. Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the copies of the newspaper advertisement titled ￢ﾀﾜNotice to Shareholders - Transfer of Equity Shares to Investor Education and Protection Fund Authority (IEPFA)￢ﾀﾝ. The said advertisement is published, one in english language national daily newspaper i.e. Financial Express and one in punjabi language newspaper i.e. Desh Sewak Punjab, in the region, where our registered office is situated. | Download
General updates
Steel Strips Wheels Limited has informed the Exchange about SSWL achieved second Highest Ever Monthly Sales in July 2022 up by 19 % YOY. Highest Ever Monthly Sales in Alloy Wheels - (Grew by 99% YOY) and Monthly Sales in CV ￢ﾀﾓ (Grew by 85 %). SSWL has achieved second highest ever Net turnover of Rs.363.03 Crores in July 2022 Vs Rs.306.12 Crores in July 2021, recording a growth of 18.57% % YOY and achieved Gross turnover of Rs. 446.11 Crores in July 2022 Vs 372.22 Crores in July 2021, there by recording a growth of 19.85 % YOY. | Download
Steel Strips Wheels Limited has informed the Exchange about SSWL achieved second Highest Ever Monthly Sales in July 2022 up by 19 % YOY. Highest Ever Monthly Sales in Alloy Wheels - (Grew by 99% YOY) and Monthly Sales in CV ￢ﾀﾓ (Grew by 85 %). SSWL has achieved second highest ever Net turnover of Rs.363.03 Crores in July 2022 Vs Rs.306.12 Crores in July 2021, recording a growth of 18.57% % YOY and achieved Gross turnover of Rs. 446.11 Crores in July 2022 Vs 372.22 Crores in July 2021, there by recording a growth of 19.85 % YOY. | Download
Cash Dividend
Final • Div/Share: ₹ 2
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