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INFY

Steel Strips Wheels Ltd.

₹815.05
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Investment Ratings

As per analysts rating in the last 6 months, the recommendation is to HOLD Steel Str. Wheel

  • Master Rating:
  • Steel Strips Wheels has an operating revenue of Rs. 2,860.58 Cr. on a trailing 12-month basis. An annual revenue growth of 11% is good, Pre-tax margin of 4% needs improvement, ROE of 6% is fair but needs improvement. The company has a debt to equity of 51%, which is bit higher. The stock from a technical standpoint is trading below to its 50DMA and around 30% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 77 which is a FAIR score but needs to improve its earnings, a RS Rating of 81 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 80 indicates it belongs to a poor industry group of Auto/Truck-Original Eqp and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Steel Strips Wheels Ltd Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Ratings

Eps And Sales Estimates

Steel Strips Wheels Ltd Synopsis

NSE-Auto/Truck-Original Eqp

Steel Strips Wheels is involved in the business activities of Manufacture of diverse parts and accessories for motor vehecles sucs as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalysers, clutches, steering wheels, steering columns and steering boxes etc.. Company’s Total Operating Revenue is Rs. 1749.42 Cr. and Equity Capital is Rs. 15.61 Cr. for the Year ended 31/03/2021. Steel Strips Wheels Ltd. is a Public Limited Listed company incorporated on 28/02/1985 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L27107PB1985PLC006159 and registration number is 006159.
  • Market Cap

    INR 2,544.50 Cr

  • Sales

    INR 2,860.58 Cr

  • Shares in Float

    1.16 Cr

  • No of Funds

    15 K

  • Yield

    0.12%

  • Book Value

    3.4

  • U/D Vol Ratio

    0.8

  • LTDebt/Equity

    51%

  • Alpha

    0.29

  • Beta

    1.16

Steel Strips Wheels Ltd Ownership
Steel Strips Wheels Ltd Management

Steel Strips Wheels Ltd Financials

INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Total ShareHolders Funds Annual Cr 749.2981697.9454659.9003584.2772512.0214
Fixed Assets Annual Cr 1368.51721391.99541381.99231352.55231096.5416
Total Non Current Assets Annual Cr 1425.89421412.80871400.70231369.17971126.8705
Total Current Assets Annual Cr 950.849766.2965752.6733806.7613604.8729
Total Assets Annual Cr 2376.74322179.10522153.37562175.9411731.7434
INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Book Value Per Share Annual Rs 447.696423.292375.588329.623
ROE Annual % 3.3512.4812.8510.87
ROCE Annual % 8.7315.0213.2312.47
Total Debt to Total Equity Annual -----
EBDIT Annual Margin % 12.5712.3612.914.0713.77

Steel Strips Wheels Ltd Technicals

EMA & SMA

CURRENT PRICE

815.05 (4.82)

    • Bullish Moving Averages 6
    • Bearish Moving Averages 10

EMA

  • 20 Day

    844.18

  • 50 Day

    854.32

  • 100 Day

    790.28

  • 200 Day

    596.97

Steel Strips Wheels Ltd Resistance and support

753.1 PIVOT

  • First Resistance

    802.2

  • Second Resistance

    826.85

  • Third Resistance

    875.95

  • First Support

    728.45

  • Second Support

    679.35

  • Third Support

    654.71

  • RSI

    42.35

  • MFI

    15.48

  • MACD

    -28.32

  • MACD signal line

    -16.93

Steel Strips Wheels Ltd Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 26,743 2,674,300 100%
Week 35,342 3,534,240 100%
1 Month 22,866 2,286,610 100%
6 Month 66,065 3,130,176 47.38%

Steel Strips Wheels Ltd Price change analysis

-53.17

Over 1 month

Low High
704 956

-129.65

Over 3 month

Low High
704 972.5

432.55

Over 6 months

Low High
362.5 995

563.25

Over Year

Low High
231.4 995

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News

Steel Strips Wheels Ltd - 513262 - Announcement under Regula

Subject: Publication regarding Issue of new share certificates pursuant to Sub-Division of equity shares of the Company Pursuant to the prov Read More

Steel Strips Wheels Ltd - 513262 - SSWL Posts 83 % Net Sales

SSWL achieved Net turnover of Rs. 291.93 Crs in November 2021 Vs Rs.158.95 Crs in November 2020, recording a growth of 83.29 % YOY and achie Read More

Steel Strips Wheels Ltd - 513262 - Compliance Under Regulati

Pursuant to Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Read More

STEEL STRIPS WHEELS LTD.-$ - 513262 - Update Regarding Relea

We wish to inform you that the promoters along with the persons acting in concert holds 9797402 equity shares in Steel Strips Wheels Limited Read More

STEEL STRIPS WHEELS LTD.-$ - 513262 - Disclosures under Reg.

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2 Read More

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