Steel Strips Wheels Ltd. (SSWL) Share Price Hits 52-Week High

Steel Strips Wheels Ltd. Share Price hits a fresh 52-week high at Rs 304.2, marking a 1.31% rise today. Market cap stands at Rs 4,636.96 crore.

Steel Strips Wheels Ltd. Share Price has reached a fresh 52-week high of Rs 304.2, reflecting a 1.31% increase from the previous close of Rs 297.65. The stock opened at Rs 300.55 and fluctuated between a low of Rs 297.45 and the new high. With a market capitalisation of Rs 4,636.96 crore, this achievement underscores the company's growing investor interest. Despite the absence of a specific catalyst, the stock's performance aligns with broader market trends in the Automobile & Ancillaries sector.

Steel Strips Wheels Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 301.55
Previous Close	Rs 297.65
Today's Change	+Rs 3.9 (+1.31%)
Day Open	Rs 300.55
Fresh 52-Week High	Rs 304.2
Day Low	Rs 297.45
Current Volume	11,027
Turnover	Rs 0.33 crore
Market Capitalisation	Rs 4,636.96 crore

Steel Strips Wheels Ltd. (SSWL) traded at Rs 301.55. versus the previous close of Rs 297.65, a rise of 1.31%. The stock opened at Rs 300.55, reached Rs 304.2, touched Rs 297.45. Reported volume was 11,027.

Today's trading session saw Steel Strips Wheels Ltd. Share Price rise to a new 52-week high of Rs 304.2. The stock opened at Rs 300.55 and reached a low of Rs 297.45 before climbing to its peak. The turnover for the day was Rs 0.33 crore, with a volume of 11,027 shares traded. This price action highlights the stock's upward momentum, attracting attention from market participants.

Steel Strips Wheels Ltd. (SSWL) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 4,636.96 crore
P/E Ratio	23.1x
P/B Ratio	5.34x
ROE	17.69%
ROCE	19.27%

Steel Strips Wheels Ltd. was valued at a P/E ratio of 23.1x, a P/B ratio of 5.34x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 17.69% and ROCE of 19.27%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Benchmark Scope	same sector
Company P/E Ratio	23.1x
Benchmark Median P/E	18.51x
Benchmark Average P/E	58.28x
Benchmark P/E Range	0x to 2,857.34x
Company P/B Ratio	5.34x
Benchmark Median P/B	2.01x
Company ROE	17.69%
Benchmark Median ROE	7.65%
Company ROCE	19.27%
Benchmark Median ROCE	9.3%
Company Market Capitalisation	Rs 4,636.96 crore
Benchmark Median Market Cap	Rs 245.71 crore

Steel Strips Wheels Ltd. (SSWL) is classified under sector: Automobile & Ancillaries.

Steel Strips Wheels Ltd. (SSWL) has a P/E ratio of 23.1x, which is above the benchmark median of 18.51x, a difference of +24.8%. 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 17.69%, which is above the benchmark median of 7.65%, a difference of +131.24%. Steel Strips Wheels Ltd. (SSWL) has a ROCE of 19.27%, which is above the benchmark median of 9.3%, a difference of +107.2%.

Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
CARRARO INDIA LIMITED	CARRARO	3,008.58	23.1	5.34	17.69	19.27
Divgi Torqtransfer Systems Ltd.	DIVGIITTS	2,935.04	62.75	4.63	15.05	19.01
Sundaram-Clayton Ltd.	SUNCLAY	2,888.93	11.22	2.28	-3.36	3.46
Automotive Axles Ltd.	AUTOAXLES	2,733.68	16.63	2.49	12.66	16.97
Panama Petrochem Ltd.	PANAMAPET	2,728.87	12.72	1.84	34.66	41.19

Steel Strips Wheels Ltd. (SSWL) has a P/E ratio of 23.1x compared with the displayed peer median of 16.63x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 17.69% compares with a peer median of 15.05% across the companies shown in the table. ROCE stood at 19.27% versus the displayed peer median of 19.01%, providing a capital-efficiency comparison. Steel Strips Wheels Ltd. (SSWL) has a market capitalisation of Rs 4,636.96 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Why Investors Are Watching Steel Strips Wheels Ltd.

• Steel Strips Wheels Ltd. Share Price hit a fresh 52-week high at Rs 304.2.
• Strong fundamental performance with high ROE and ROCE.
• Premium valuation compared to sector medians.
• Competitive positioning within the Automobile & Ancillaries sector.

About Steel Strips Wheels Ltd.

Steel Strips Wheels Ltd. is a prominent player in the Automobile & Ancillaries sector, specializing in the manufacture of steel wheels for various automotive applications. The company serves a diverse clientele, including major automobile manufacturers, and has established a strong market presence. With a focus on innovation and quality, Steel Strips Wheels Ltd. continues to expand its product offerings and enhance its competitive edge in the industry.

Track Steel Strips Wheels Ltd. Share Price on Univest

Use Steel Strips Wheels Ltd. (SSWL) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.

Investors can track the live share price of Steel Strips Wheels Ltd., along with technical indicators, fundamental ratios, shareholding patterns, 52-week levels, and market insights on Univest. Stay informed with the latest developments and data-driven analysis.

Frequently Asked Questions

What is the current share price of Steel Strips Wheels Ltd.?

Ans. The current share price of Steel Strips Wheels Ltd. is Rs 301.55, marking a 1.31% increase from the previous close. The stock moved 1.31% during the session. The intraday range extended from Rs 297.45 to Rs 304.2.

What is the 52-week high for Steel Strips Wheels Ltd.?

Ans. Steel Strips Wheels Ltd. has reached a fresh 52-week high of Rs 304.2 during today's trading session. The stock moved 1.31% during the session. The intraday range extended from Rs 297.45 to Rs 304.2.

How does Steel Strips Wheels Ltd.'s P/E ratio compare to the sector?

Ans. Steel Strips Wheels Ltd.'s P/E ratio of 23.1 is above the sector median of 18.51, indicating a relatively higher valuation. The company trades at a P/E ratio of 23.1x. Its P/B ratio is 5.34x.

What is the market capitalisation of Steel Strips Wheels Ltd.?

Ans. The market capitalisation of Steel Strips Wheels Ltd. stands at Rs 4,636.96 crore, reflecting its size within the sector. The company operates in the Automobile & Ancillaries sector. Its P/E ratio is 23.1x.

How does Steel Strips Wheels Ltd.'s ROE compare to its peers?

Ans. Steel Strips Wheels Ltd.'s ROE of 17.69% is competitive, surpassing several peers such as Sundaram-Clayton Ltd. and Automotive Axles Ltd. ROE stands at 17.69%. ROCE stands at 19.27%. The relevant peer median ROE is 7.65%.

What is the P/B ratio of Steel Strips Wheels Ltd.?

Ans. Steel Strips Wheels Ltd. has a P/B ratio of 5.34, indicating a premium valuation compared to the sector median of 2.01. The company trades at a P/E ratio of 23.1x.

Who are some of Steel Strips Wheels Ltd.'s peers?

Ans. Peers of Steel Strips Wheels Ltd. include CARRARO INDIA LIMITED, Divgi Torqtransfer Systems Ltd., and Sundaram-Clayton Ltd., among others. Comparable listed companies include CARRARO INDIA LIMITED, Divgi Torqtransfer Systems Ltd., Sundaram-Clayton Ltd.

How does Steel Strips Wheels Ltd.'s ROCE compare to the sector?

Ans. Steel Strips Wheels Ltd.'s ROCE of 19.27% is significantly above the sector median of 9.3%, showcasing strong operational efficiency. ROE stands at 17.69%. ROCE stands at 19.27%. The relevant peer median ROE is 7.65%.