Steel Strips Wheels (SSWL) Share Price Rises 5.04% to Rs 419.80
- October 5, 2026
- Posted by: Kunal Singla
- Category: News
Steel Strips Wheels Share Price is in focus after SSWL rose 5.04% to Rs 419.80, taking its market capitalisation to Rs 6,392.83 crore. According to latest Univest data, the price event is confirmed, but no company-specific catalyst is established. That makes the move relevant as a clean price action case rather than a news-led spike. The latest Univest figures show a gap over the previous close, and the stock is trading above the day open as well as near the day high. In Univest coverage, this kind of move is best read alongside valuation, sector standing and peer comparison, rather than treated as a standalone signal. Steel Strips Wheels Share Price today therefore deserves attention for both the intraday move and the broader context around the business.
Steel Strips Wheels Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 419.8 |
| Previous Close | Rs 399.65 |
| Today's Move | Rs 20.15 (+5.04%) |
| Open | Rs 404 |
| High | Rs 420 |
| Low | Rs 401.1 |
| Market Capitalisation | Rs 6,392.83 crore |
| Market Cap Category | Mid Cap |
Steel Strips Wheels Ltd. (SSWL) rose to Rs 419.8 from the previous close of Rs 399.65, a move of Rs 20.15 or 5.04%. The stock opened at Rs 404, reached a high of Rs 420, recorded a low of Rs 401.1.
Steel Strips Wheels Share Price moved higher by Rs 20.15 from the previous close, with SSWL last traded at Rs 419.80. The stock opened at Rs 404.00, touched a high of Rs 420.00 and a low of Rs 401.10, which shows a firm intraday range around the higher end of the day’s band. Steel Strips Wheels Share Price today is therefore a clear price rise event on its own numbers. Univest data shows the move from Rs 399.65 to Rs 419.80, with the stock holding above the open through the latest update at 16 October 2026 at 1:22:40 PM IST. No company-specific catalyst is established, so the focus stays on the observable price action and the market cap of Rs 6,392.83 crore. From here, the more useful question is whether the underlying fundamentals justify the current re-rating in Steel Strips Wheels Share Price.
Steel Strips Wheels Ltd. (SSWL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 6,392.83 crore |
| P/E Ratio | 29.59x |
| P/B Ratio | 3.54x |
| ROE | 11.75% |
| ROCE | 15.38% |
| EPS | Rs 13.51 |
| Book Value Per Share | Rs 112.98 |
| Dividend Yield | 0.38% |
Steel Strips Wheels Ltd. (SSWL) fundamental metrics show P/E 29.59x, P/B 3.54x, ROE 11.75%, ROCE 15.38%. Taken on their own, these numbers offer context rather than a trading signal.
Steel Strips Wheels Ltd. has a market capitalisation of Rs 6,392.83 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 29.59x, P/B at 3.54x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 11.75% and ROCE of 15.38%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 13.51, book value per share of Rs 112.98, dividend yield of 0.38%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 26.34x, median ROE of 12.55%, median ROCE of 14.96%. They set out the fundamental picture and are not a rating on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Auto Ancillary |
| Benchmark Scope | same industry |
| Company P/E Ratio | 29.59x |
| Benchmark Median P/E | 26.34x |
| Benchmark Average P/E | 64.64x |
| Benchmark P/E Range | 4.66x to 2,657.16x |
| Company P/B Ratio | 3.54x |
| Benchmark Median P/B | 2.96x |
| Company ROE | 11.75% |
| Benchmark Median ROE | 12.55% |
| Company ROCE | 15.38% |
| Benchmark Median ROCE | 14.96% |
| Company Market Capitalisation | Rs 6,392.83 crore |
| Benchmark Median Market Cap | Rs 934.93 crore |
Steel Strips Wheels Ltd. (SSWL) operates in the Automobile & Ancillaries sector, within the Auto Ancillary industry.
Steel Strips Wheels Ltd. (SSWL) has a P/E ratio of 29.59x, which is above the benchmark median of 26.34x, a difference of +12.34%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Steel Strips Wheels Ltd. (SSWL) has a ROE of 11.75%, which is below the benchmark median of 12.55%, a difference of -6.37%. Steel Strips Wheels Ltd. (SSWL) has a ROCE of 15.38%, which is above the benchmark median of 14.96%, a difference of +2.81%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Samvardhana Motherson International Ltd. | MOTHERSON | 1,70,256 | 39.04 | 3.95 | 10.77 | 13.63 |
| Bosch Ltd. | BOSCHLTD | 1,32,379.82 | 56.01 | 8.51 | 19.33 | 25.6 |
| UNO Minda Ltd. | UNOMINDA | 63,827.45 | 53.57 | 9.08 | 20.54 | 20.74 |
| Sona BLW Precision Forgings Ltd. | SONACOMS | 50,292.52 | 71.84 | 8.19 | 11.06 | 14.75 |
| Tube Investments of India Ltd. | TIINDIA | 42,929.5 | 69.75 | 5.28 | 16.86 | 27.33 |
Steel Strips Wheels Ltd. (SSWL) has a P/E ratio of 29.59x compared with the displayed peer median of 56.01x. The comparison is relative and should not be read as a recommendation. Its ROE of 11.75% compares with a peer median of 16.86% across the companies shown in the table. ROCE stood at 15.38% versus the displayed peer median of 20.74%, providing a capital-efficiency comparison. Steel Strips Wheels Ltd. (SSWL) has a market capitalisation of Rs 6,392.83 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Steel Strips Wheels
Steel Strips Wheels Share Price is attracting attention for a few clear reasons:
- The stock is trading at Rs 419.80 after a 5.04% rise from the previous close.
- Steel Strips Wheels Share Price is moving with no company-specific catalyst established, so the price action itself is the main event.
- Its market cap of Rs 6,392.83 crore keeps the stock relevant in the auto ancillary segment.
- P/E of 29.59 and P/B of 3.54 place Steel Strips Wheels Share Price in a valuation discussion versus sector benchmarks.
- ROE of 11.75% and ROCE of 15.38% give investors a useful profitability lens on the business.
About Steel Strips Wheels Ltd.
Steel Strips Wheels Ltd. operates in the Automobile & Ancillaries sector and the Auto Ancillary industry. The company is known for products linked to the automotive wheel space, and its business is reflected in the market’s focus on operating returns, valuation and sector positioning. For Steel Strips Wheels Share Price, the business context matters because auto ancillary companies are often assessed on how efficiently they convert capital into returns and how their pricing compares with peers. Univest coverage also places emphasis on the company’s size, market cap and financial ratios when reading the stock’s movement.
On the current figures, the company has a market cap of Rs 6,392.83 crore, EPS of Rs 13.51, book value of Rs 112.98 and dividend yield of 0.38%. These figures help frame Steel Strips Wheels Share Price as a stock that combines a measurable earnings base with a valuation profile that investors will compare with the broader Auto Ancillary set.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is Steel Strips Wheels Share Price rising today?
Ans. Steel Strips Wheels Share Price rose 5.04% to Rs 419.80 today. According to Univest data, the price event is confirmed, but no company-specific catalyst is established, so the move is read mainly through price action and valuation.
What is Steel Strips Wheels Share Price today?
Ans. Steel Strips Wheels Share Price today is Rs 419.80. It is trading above the previous close of Rs 399.65 and above the open of Rs 404.00, which makes the day’s rise visible in the latest Univest figures.
How much did Steel Strips Wheels stock gain today?
Ans. Steel Strips Wheels Share Price gained Rs 20.15, or 5.04%, from the previous close. The stock also touched a high of Rs 420.00, which helps place the price rise in its intraday context.
What is the market capitalisation of Steel Strips Wheels?
Ans. Steel Strips Wheels has a market capitalisation of Rs 6,392.83 crore. For Steel Strips Wheels Share Price, this size measure matters because it helps place the stock within the broader Automobile & Ancillaries universe.
What is Steel Strips Wheels Share Price valuation?
Ans. Steel Strips Wheels Share Price is valued at a P/E of 29.59 and a P/B of 3.54. Those levels sit above the same-industry median on both counts, so the stock is not at the lower-valued end of the range.
How do ROE and ROCE look for Steel Strips Wheels?
Ans. ROE stands at 11.75% and ROCE at 15.38% for Steel Strips Wheels. Both ratios give useful fundamental context to Steel Strips Wheels Share Price, especially when compared with the same-industry benchmark and peers.
What do EPS and book value say about Steel Strips Wheels Share Price?
Ans. EPS is Rs 13.51 and book value is Rs 112.98 per share. EPS shows earnings attributable to each share, while book value shows accounting net worth behind each share, both relevant to Steel Strips Wheels Share Price.
How does Steel Strips Wheels compare with auto ancillary peers?
Ans. Steel Strips Wheels Share Price carries a lower market cap than Bosch, UNO Minda, Sona BLW, Tube Investments and Motherson. Its P/E is also lower than those listed peers, while ROE and ROCE sit in the mid-range.
Track Steel Strips Wheels Share Price on Univest
Use Steel Strips Wheels Ltd. (SSWL) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Track Steel Strips Wheels Share Price on Univest to follow the live share price, valuation ratios, 52-week levels and market insights in one place. Univest also helps readers review Steel Strips Wheels Share Price today alongside sector benchmarks, peer comparisons and company financials. If you track stocks in news, this page keeps the focus on price action and fundamental analysis without noise.
