Steel Strips Wheels Hits 52-Week High of Rs 389: What's Driving the Stock Today

Published: 22 September 2026 at 9:48 AM IST

Steel Strips Wheels Share Price moved higher on 22 September 2026, with SSWL trading at Rs 386.10 after a 6.58% rise from the previous close of Rs 362.25. The stock set a fresh 52-week high at Rs 389.35 during the session, while market capitalisation stood at Rs 5,855.77 crore. The move matters because it places the company at a new yearly high, making Steel Strips Wheels Share Price one of the more closely watched stocks in news today.

What the supplied data confirms is straightforward: the stock opened at Rs 362.20, touched a low of Rs 360.60 and advanced to Rs 389.35 before settling below that peak at Rs 386.10. The turnover was Rs 2.7 crore. The data confirms the price event, but it does not establish a company-specific catalyst. For investors following Steel Strips Wheels Share Price Today, the key takeaway is the fresh 52-week high and the fact that the move came alongside a firm close relative to the previous session.

Steel Strips Wheels Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 386.1
Previous Close	Rs 362.25
Today's Move	+Rs 23.85 (+6.58%)
Open	Rs 362.2
High	Rs 389.35
Low	Rs 360.6
Turnover	Rs 2.7 crore
Market Capitalisation	Rs 5,855.77 crore

Steel Strips Wheels Ltd. (SSWL) traded at Rs 386.1 versus the previous close of Rs 362.25, a rise of 6.58%. The stock opened at Rs 362.2, reached a high of Rs 389.35 and touched a low of Rs 360.6.

Steel Strips Wheels Share Price Today reflects a session that started near the previous close and then moved into a fresh yearly high. The stock opened at Rs 362.20, compared with the previous close of Rs 362.25, which shows a near-flat start before the price moved higher through the day. The day high of Rs 389.35 matched the 52-week high, while the day low of Rs 360.60 remained close to the opening area.

The day change of Rs 23.85 and the 6.58% move show the size of the session’s advance in exact terms. Turnover of Rs 2.7 crore provides the traded-value backdrop to the move, but by itself it does not explain the reason for the rise. From a market-news perspective, Steel Strips Wheels Share Price News is being shaped by the fresh 52-week high itself, which naturally draws attention from screens that track 52 Week High Stocks and Market Movers.

The price action also shows that the stock did not close at the day’s high, which leaves the session open to further follow-through or consolidation in future trading. What happened today is therefore a clear one-day price breakout to a fresh 52-week high, followed by a close that remained above the previous close by a meaningful margin. That is the factual basis behind today’s Steel Strips Wheels Share Price Update.

Steel Strips Wheels Ltd. (SSWL) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 5,855.77 crore
P/E Ratio	26.82x
P/B Ratio	3.21x
ROE	11.75%
ROCE	15.38%
EPS	Rs 13.51
Book Value Per Share	Rs 112.98
Dividend Yield	0.41%

Steel Strips Wheels Ltd. (SSWL) fundamental metrics show P/E 26.82x, P/B 3.21x, ROE 11.75%, ROCE 15.38%. These figures provide context only and are not a buy or sell signal.

Steel Strips Wheels Ltd. has a market capitalisation of Rs 5855.77 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 26.82x, P/B at 3.21x 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. Additional supplied metrics include EPS of Rs 13.51, book value per share of Rs 112.98, dividend yield of 0.41%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 26.94x, median ROE of 13.14%, median ROCE of 14.83%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Industry	Auto Ancillary
Benchmark Scope	same industry
Company P/E Ratio	26.82x
Benchmark Median P/E	26.94x
Benchmark Average P/E	74.02x
Benchmark P/E Range	4.75x to 3,507.49x
Company P/B Ratio	3.21x
Benchmark Median P/B	2.72x
Company ROE	11.75%
Benchmark Median ROE	13.14%
Company ROCE	15.38%
Benchmark Median ROCE	14.83%
Company Market Capitalisation	Rs 5,855.77 crore
Benchmark Median Market Cap	Rs 882.9 crore

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

Steel Strips Wheels Ltd. (SSWL) has a P/E ratio of 26.82x, which is below the benchmark median of 26.94x, a difference of -0.45%. 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 13.14%, a difference of -10.58%. Steel Strips Wheels Ltd. (SSWL) has a ROCE of 15.38%, which is above the benchmark median of 14.83%, a difference of +3.71%.

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 (%)
Sharda Motor Industries Ltd.	SHARDAMOTR	5,547.59	16.55	3.93	29.09	39.02
LG Balakrishnan & Bros Ltd.	LGBBROSLTD	5,495.38	17.31	2.48	15.71	20.09
Lumax Industries Ltd.	LUMAXIND	5,479.92	28.84	5.64	20.39	18.18
Shanthi Gears Ltd.	SHANTIGEAR	5,373.95	82.96	11.77	18.19	24.45
Wheels India Ltd.	WHEELS	5,313.2	32.44	4.92	16.1	19.47

Steel Strips Wheels Ltd. (SSWL) has a P/E ratio of 26.82x compared with the displayed peer median of 28.84x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 11.75% compares with a peer median of 18.19% across the companies shown in the table. ROCE stood at 15.38% versus the displayed peer median of 20.09%, providing a capital-efficiency comparison. Steel Strips Wheels Ltd. (SSWL) has a market capitalisation of Rs 5,855.77 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Why Investors Are Watching Steel Strips Wheels

• Steel Strips Wheels Share Price hit a fresh 52-week high of Rs 389.35 during the session.
• The stock closed at Rs 386.10, above the previous close of Rs 362.25 by Rs 23.85.
• Market capitalisation stands at Rs 5,855.77 crore.
• P/E is 26.82, P/B is 3.21, ROE is 11.75% and ROCE is 15.38%.
• Revenue for Jun 2026 was Rs 15,098.18 crore and net profit was Rs 694.51 crore.

About Steel Strips Wheels

Steel Strips Wheels Ltd. operates in the Automobile & Ancillaries sector and the Auto Ancillary industry. The company profile supplied in this article is limited to the sector, industry and financial data provided, so Univest keeps the description factual and concise. The key items available for readers are the company’s market capitalisation, valuation ratios, return ratios, per-share metrics and the latest reported revenue and net profit figures. That is enough to place Steel Strips Wheels Share Price within a measurable market context.

Track Steel Strips Wheels 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.

Readers can track Steel Strips Wheels Share Price on Univest for live share price updates, market cap, valuation ratios, shareholding pattern, 52-week levels, company financials and sector context. Univest also helps users compare Steel Strips Wheels Stock News with peers, benchmark data and key stock analysis inputs in one place.

Frequently Asked Questions

Why did Steel Strips Wheels Share Price hit a fresh 52-week high today?

Ans. The supplied data confirms a fresh 52-week high at Rs 389.35 and a close of Rs 386.10, but it does not establish a company-specific catalyst. The move is therefore best read as a verified price event.

What was Steel Strips Wheels Share Price today?

Ans. Steel Strips Wheels Share Price closed at Rs 386.10, up 6.58% from the previous close of Rs 362.25. The stock also reached a day high of Rs 389.35 during the session.

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

Ans. The fresh 52-week high for Steel Strips Wheels was Rs 389.35 on the session covered in this article. The stock closed slightly below that level at Rs 386.10, still above the prior close.

What is Steel Strips Wheels market capitalisation?

Ans. Steel Strips Wheels market capitalisation stands at Rs 5,855.77 crore. That places it well above the same-industry median market capitalisation of Rs 882.9 crore across the benchmark set of 112 companies.

How is Steel Strips Wheels valued on earnings and book value?

Ans. Steel Strips Wheels trades at a P/E of 26.82 and a P/B of 3.21. The P/E is slightly below the industry median, while the P/B is above the sector median of 2.72.

What do Steel Strips Wheels EPS and book value show?

Ans. EPS is Rs 13.51 and book value is Rs 112.98 per share. EPS reflects earnings attributable to each share, while book value shows the accounting net worth behind each share.

What is the dividend yield for Steel Strips Wheels?

Ans. The dividend yield supplied for Steel Strips Wheels is 0.41%. This is a historical/current yield measure and should be read alongside the company’s price, valuation and profit figures rather than as a payout promise.

How do Steel Strips Wheels returns compare with the sector?

Ans. ROE is 11.75% and ROCE is 15.38%. ROE is below the same-industry median of 13.14%, while ROCE is above the same-industry median of 14.83%, giving a mixed return profile. The stock belongs to the Automobile & Ancillaries sector.

Which peers are used for Steel Strips Wheels Share Price comparison?

Ans. The supplied peer set includes Sharda Motor Industries, LG Balakrishnan & Bros, Lumax Industries, Shanthi Gears and Wheels India. Their market cap, P/E, P/B, ROE and ROCE figures provide a direct comparison set.

Should investors track Steel Strips Wheels Share Price on Univest?

Ans. Univest tracks Steel Strips Wheels Share Price with live price updates, market cap, valuation ratios, company financials, shareholding pattern and sector context. That makes it a useful reference point for stock news and analysis.