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SSWL trades lower on reporting 6% fall in net turnover in October 2024 Steel Strips Wheels is currently trading at Rs. 201.90, down by 5.35 points or 2.58% from its previous closing of Rs. 207.25 on the BSE. The scrip opened at Rs. 207.25 and has touched a high and low of Rs. 207.25 and Rs. 198.95 respectively. So far 10150 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 297.65 on 16-Nov-2023 and a 52 week low of Rs. 189.00 on 29-Oct-2024. Last one week high and low of the scrip st...
SSWL trades lower on reporting 6% fall in net turnover in October 2024
SSWL trades lower on reporting 6% fall in net turnover in October 2024
Source: Accord Fintech
2024-11-04 02:35:27 pm
SSWL declines on reporting 7% fall in net turnover in August 2024 Steel Strips Wheels is currently trading at Rs. 226.70, down by 1.25 points or 0.55% from its previous closing of Rs. 227.95 on the BSE. The scrip opened at Rs. 226.05 and has touched a high and low of Rs. 227.95 and Rs. 224.35 respectively. So far 11053 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.90 on 16-Oct-2023 and a 52 week low of Rs. 190.00 on 04-Jun-2024. Last one week high and low of the scrip st...
SSWL declines on reporting 7% fall in net turnover in August 2024
SSWL declines on reporting 7% fall in net turnover in August 2024
Source: Accord Fintech
2024-09-03 03:44:53 pm
Reduce Steel Strips Wheels Ltd For Target Rs.356 By ARETE Securities Ltd In Q1FY25, Steel Strips Wheels Ltd (SSWL) reported a topline of Rs 10.2 billion while achieving a robust EBITDA margin of 11.1%, signifying one of the best performances in the past six quarters. This margin enhancement is largely attributed to declining steel prices and effective cost rationalization, as evidenced by a 7% YoY reduction in other expenses. Although the finance cost surged by 32% YoY and 11% QoQ to Rs 311 million due to rising interest rates, this impact was mitigated by a lower...
Reduce Steel Strips Wheels Ltd For Target Rs.356 By ARETE Securities Ltd
Reduce Steel Strips Wheels Ltd For Target Rs.356 By ARETE Securities Ltd
Source: ARETE Securities Ltd
2024-08-01 01:53:47 pm
SSWL declines on reporting 4% fall in net turnover in May 2024 Steel Strips Wheels is currently trading at Rs. 209.50, down by 2.55 points or 1.20% from its previous closing of Rs. 212.05 on the BSE. The scrip opened at Rs. 215.00 and has touched a high and low of Rs. 215.00 and Rs. 203.55 respectively. So far 16358 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.90 on 16-Oct-2023 and a 52 week low of Rs. 153.50 on 05-Jun-2023. Last one week high and low of the scrip st...
SSWL declines on reporting 4% fall in net turnover in May 2024
SSWL declines on reporting 4% fall in net turnover in May 2024
Source: Accord Fintech
2024-06-04 11:04:41 am
Steel Strips Wheels jumps on inking alloy wheel supply agreement with leading PV OEM Steel Strips Wheels is currently trading at Rs. 229.55, up by 5.50 points or 2.45% from its previous closing of Rs. 224.05 on the BSE. The scrip opened at Rs. 222.70 and has touched a high and low of Rs. 238.70 and Rs. 222.70 respectively. So far 95533 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.90 on 16-Oct-2023 and a 52 week low of Rs. 146.15 on 29-May-2023. Last one week high and low of the scrip stoo...
Steel Strips Wheels jumps on inking alloy wheel supply agreement with leading PV OEM
Steel Strips Wheels jumps on inking alloy wheel supply agreement with leading PV OEM
Source: Accord Fintech
2024-04-16 02:51:45 pm
Steel Strip wheels Ltd for target Rs.351 by Arete Securities Steel Strip wheels ltd. (SSWL) reported net sales of INR 11,103Mn in 3Q FY24 (~18% increase on YoY basis) and PAT of INR 595 Mn (~36% increase over YoY basis). EBITDAM excluding other income stood at 10.5%, declined on YoY basis. This decline is majorly due to increase in other expenses which by 9% primarily due to heightened freight costs attributed to the Red Sea issue. The substantial increase in freight costs was successfully passed on to clients, contributing to the overall top line. Fur...
Steel Strip wheels Ltd for target Rs.351 by Arete Securities
Steel Strip wheels Ltd for target Rs.351 by Arete Securities
Source: ARETE Securities Ltd
2024-01-25 02:27:29 pm
SSWL gains despite reporting marginal fall in net turnover in December 2023 Steel Strips Wheels is currently trading at Rs. 263.55, up by 4.60 points or 1.78% from its previous closing of Rs. 258.95 on the BSE. The scrip opened at Rs. 261.30 and has touched a high and low of Rs. 269.00 and Rs. 256.55 respectively. So far 32470 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.90 on 16-Oct-2023 and a 52 week low of Rs. 126.20 on 30-Jan-2023. Last one week high and low of the scrip stoo...
SSWL gains despite reporting marginal fall in net turnover in December 2023
SSWL gains despite reporting marginal fall in net turnover in December 2023
Source: Accord Fintech
2024-01-01 04:25:06 pm
Buy Steel Strips Wheels Limited For Target Rs.351 - ARETE Securities Steel Strip wheels ltd. (SSWL) reported net sales of INR 1133 Cr in 2Q FY24 (~4.9% increase on YoY basis) and PAT of INR 52.4 Cr (~4% decline over YoY basis). EBITDAM excluding other income stood at 11%, was flat on YoY basis. Increase in Employee cost by (up by 179bps) was largely offset by improvement in gross margin (improved by 212 bps) while other expenses increased by 19 bps. We expect the margin to improve with the help of increasing alloy wheel production and better exports. SSWL incr...
Buy Steel Strips Wheels Limited For Target Rs.351 - ARETE Securities
Buy Steel Strips Wheels Limited For Target Rs.351 - ARETE Securities
Source: ARETE Securities Ltd
2023-11-06 12:40:01 pm
Rss Feed SSWL rises on achieving net turnover of Rs 395.67 crore in October 2023 Steel Strips Wheels is currently trading at Rs. 262.30, up by 1.75 points or 0.67% from its previous closing of Rs. 260.55 on the BSE. The scrip opened at Rs. 264.25 and has touched a high and low of Rs. 269.10 and Rs. 260.10 respectively. So far 16970 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.90 on 16-Oct-2023 and a 52 week low of Rs. 126.20 on 30-Jan-2023. Last one week high and low of the scrip stoo...
Rss Feed SSWL rises on achieving net turnover of Rs 395.67 crore in October 2023
Rss Feed SSWL rises on achieving net turnover of Rs 395.67 crore in October 2023
Source: Accord Fintech
2023-11-01 12:59:25 pm