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 293.43, marking a 4.14% rise today. Market cap stands at Rs 4,392.41 crore.

Steel Strips Wheels Ltd. (SSWL) Share Price reached a fresh 52-week high today, climbing to Rs 293.43. The stock opened at Rs 279.69 and closed at Rs 291.28, reflecting a 4.14% increase from the previous close of Rs 279.69. The company’s market capitalisation now stands at Rs 4,392.41 crore. This milestone highlights investor interest in SSWL, a key player in the Automobile & Ancillaries sector. The data confirms the price event, but no specific catalyst was identified.

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

Metric	Value
Current Price	Rs 291.28
Previous Close	Rs 279.69
Today's Change	+Rs 11.59 (+4.14%)
Day Open	Rs 279.69
Fresh 52-Week High	Rs 293.43
Day Low	Rs 276.81
Current Volume	9,96,452
Turnover	Rs 29.02 crore
Market Capitalisation	Rs 4,392.41 crore

Today, Steel Strips Wheels Ltd. Share Price opened at Rs 279.69 and reached a high of Rs 293.43, setting a fresh 52-week peak. The stock’s day low was Rs 276.81, and it closed at Rs 291.28, up by Rs 11.59 or 4.14% from the previous close. The turnover for the day was Rs 29.02 crore, with a trading volume of 9,96,452 shares. This price action indicates strong investor participation and interest in SSWL.

Steel Strips Wheels Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 4,392.41 crore
P/E Ratio	35.61x
P/B Ratio	7.83x
ROE	23.32%
ROCE	25.05%

Steel Strips Wheels Ltd. was valued at a P/E ratio of 35.61x, a P/B ratio of 7.83x. 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 23.32% and ROCE of 25.05%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Steel Strips Wheels Ltd. has a market capitalisation of Rs 4,392.41 crore. The company’s P/E ratio stands at 35.61, which is above the sector median of 18.98 but aligns with the sector average of 56.16. The P/B ratio is 7.83, significantly higher than the sector median of 1.98. SSWL’s ROE is 23.32%, and ROCE is 25.05%, both of which are well above the sector medians of 7.05% and 8.99%, respectively. These figures suggest that SSWL is performing strongly in terms of profitability and return on capital employed.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Benchmark Scope	same sector
Companies in Benchmark	164
Company P/E Ratio	35.61x
Benchmark Median P/E	18.98x
Benchmark Average P/E	56.16x
Benchmark P/E Range	0x to 2,427.91x
Companies with P/E Data	164
Company P/B Ratio	7.83x
Benchmark Median P/B	1.98x
Company ROE	23.32%
Benchmark Median ROE	7.05%
Company ROCE	25.05%
Benchmark Median ROCE	8.99%
Company Market Capitalisation	Rs 4,392.41 crore
Benchmark Median Market Cap	Rs 249.75 crore

Steel Strips Wheels Ltd. (SSWL) is classified under sector: Automobile & Ancillaries. The numerical benchmark uses 164 same sector companies from the supplied master-data set.

Steel Strips Wheels Ltd. (SSWL) has a P/E ratio of 35.61x, which is above the benchmark median of 18.98x, a difference of +87.62%. The benchmark contains 164 companies with P/E data, ranging from 0x to 2,427.91x. 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 23.32%, which is above the benchmark median of 7.05%, a difference of +230.78%. Steel Strips Wheels Ltd. (SSWL) has a ROCE of 25.05%, which is above the benchmark median of 8.99%, a difference of +178.64%.

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

Steel Strips Wheels Ltd. operates within the Automobile & Ancillaries sector, which comprises 164 companies. The sector’s P/E median is 18.98, with a wide range from 0 to 2,427.91. SSWL’s P/E of 35.61 is above the median but below the sector average of 56.16. The company’s ROE and ROCE are significantly higher than the sector medians, indicating strong operational efficiency. With a market cap of Rs 4,392.41 crore, SSWL is positioned well above the sector’s median market cap of Rs 249.75 crore.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Steelcast Ltd.	STEELCAS	3,092.67	35.61	7.83	23.32	25.05
TVS Srichakra Ltd.	TVSSRICHAK	3,076.33	42.58	2.55	9.41	12.33
Sundaram-Clayton Ltd.	SUNCLAY	2,984.39	11.88	2.31	-3.36	3.46
Divgi Torqtransfer Systems Ltd.	DIVGIITTS	2,831.83	62.03	4.58	15.05	19.01
India Nippon Electricals Ltd.	INDNIPPON	2,808	24.7	3.34	10.51	12.97

Steel Strips Wheels Ltd. (SSWL) has a P/E ratio of 35.61x compared with the displayed peer median of 35.61x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 23.32% compares with a peer median of 10.51% across the companies shown in the table. ROCE stood at 25.05% versus the displayed peer median of 12.97%, providing a capital-efficiency comparison. Steel Strips Wheels Ltd. (SSWL) has a market capitalisation of Rs 4,392.41 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Among its peers, Steel Strips Wheels Ltd. stands out with a market cap of Rs 4,392.41 crore. Steelcast Ltd. shares the same P/E and P/B ratios as SSWL, with a market cap of Rs 3,092.67 crore. TVS Srichakra Ltd. has a higher P/E of 42.58 but a lower ROE of 9.41%. Sundaram-Clayton Ltd. has a lower P/E of 11.88 and a negative ROE of -3.36%. These comparisons highlight SSWL’s competitive positioning in terms of profitability and market valuation.

Why Investors Are Watching Steel Strips Wheels Ltd.

• Steel Strips Wheels Ltd. Share Price reached a fresh 52-week high at Rs 293.43.
• Strong fundamental performance with high ROE and ROCE.
• Significant market cap of Rs 4,392.41 crore in the sector.
• Competitive positioning among peers in 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 manufacturing of steel wheel rims for various vehicles. The company serves a diverse clientele, including major automotive manufacturers. Its operations are supported by advanced manufacturing facilities and a commitment to quality and innovation, positioning it as a leader in its 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 Steel Strips Wheels Ltd. Share Price, technical indicators, fundamental ratios, shareholding pattern, 52-week levels, and market insights on Univest. Stay informed with real-time updates and comprehensive 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 291.28, reflecting a 4.14% increase from the previous close of Rs 279.69. The stock moved 4.14% during the session.

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

Ans. Steel Strips Wheels Ltd. reached a 52-week high of Rs 293.43 today, marking a significant milestone in its stock performance. The stock moved 4.14% during the session. The intraday range extended from Rs 276.81 to Rs 293.43.

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

Ans. Steel Strips Wheels Ltd.'s P/E ratio of 35.61 is above the sector median of 18.98 but below the sector average of 56.16. The company trades at a P/E ratio of 35.61x.

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

Ans. The market capitalisation of Steel Strips Wheels Ltd. is Rs 4,392.41 crore, positioning it well above the sector median. The company operates in the Automobile & Ancillaries sector. Its P/E ratio is 35.61x.

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

Ans. Steel Strips Wheels Ltd.'s ROE of 23.32% is significantly higher than many of its peers, indicating strong profitability. ROE stands at 23.32%. ROCE stands at 25.05%. The relevant peer median ROE is 7.05%.

What sector does Steel Strips Wheels Ltd. operate in?

Ans. Steel Strips Wheels Ltd. operates in the Automobile & Ancillaries sector, focusing on manufacturing steel wheel rims. The stock belongs to the Automobile & Ancillaries sector. 164 comparable companies were included in the benchmark.

Who are the peers of Steel Strips Wheels Ltd.?

Ans. Peers of Steel Strips Wheels Ltd. include Steelcast Ltd., TVS Srichakra Ltd., Sundaram-Clayton Ltd., Divgi Torqtransfer Systems Ltd., and India Nippon Electricals Ltd. Comparable listed companies include Steelcast Ltd., TVS Srichakra Ltd., Sundaram-Clayton Ltd.

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

Ans. Steel Strips Wheels Ltd. has a P/B ratio of 7.83, which is significantly higher than the sector median of 1.98. The company trades at a P/E ratio of 35.61x. Its P/B ratio is 7.83x.

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

Ans. Steel Strips Wheels Ltd.'s ROCE of 25.05% is well above the sector median of 8.99%, indicating efficient capital use. ROE stands at 23.32%. ROCE stands at 25.05%. The relevant peer median ROE is 7.05%.