Steel Strips Wheels Share Price Jumps to Fresh 52-Week High at Rs 395: Here's Why

Published: 29 September 2026 at 9:22 AM IST

Steel Strips Wheels Share Price is in focus after SSWL touched a fresh 52-week high of Rs 394.50 and closed at Rs 387.70, down 0.28% from the previous close of Rs 388.80. The company’s market capitalisation stands at Rs 5,963.49 crore. The verified data confirms the price event, but it does not establish a company-specific catalyst. In market terms, the move is relevant because the stock set a yearly high even as it ended the session marginally lower than the prior close. For readers tracking Steel Strips Wheels Share Price Today, the key question is not only where the stock closed, but also how the latest move compares with its recent range, valuation and sector context. Univest is covering the event-led update with a factual view of the price action, fundamentals and peer backdrop.

Steel Strips Wheels Share Price also matters for Steel Strips Wheels Stock News and Steel Strips Wheels Share Price News searches because the session combined a one-year high print with a close below the day’s peak. The stock opened at Rs 390.05, traded between Rs 387.40 and Rs 394.50, and finished near the lower end of that band. The company’s Rs 387.70 close therefore sits close to the day’s range floor, while the 52-week peak remains the session high of Rs 394.50. Univest is using only verified data here, so the article focuses on what happened, how the company is valued, and what investors should monitor next.

Steel Strips Wheels Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 387.7
Previous Close	Rs 388.8
Today's Move	Rs -1.1 (-0.28%)
Open	Rs 390.05
High	Rs 394.5
Low	Rs 387.4
Turnover	Rs 0.76 crore
Market Capitalisation	Rs 5,963.49 crore

Steel Strips Wheels Ltd. (SSWL) traded at Rs 387.7 versus the previous close of Rs 388.8, a fall of 0.28%. The stock opened at Rs 390.05, reached a high of Rs 394.5 and touched a low of Rs 387.4.

Steel Strips Wheels Share Price Today shows a narrow but eventful session. The stock opened at Rs 390.05, touched Rs 394.50, slipped to Rs 387.40 at the day’s low, and settled at Rs 387.70. That means the close was Rs 1.10 below the previous close of Rs 388.80, or -0.28% for the day. At the same time, the stock printed a fresh 52-week high of Rs 394.50 during the session, which makes this a yearly high event even though the closing price was slightly lower than the peak.

For Steel Strips Wheels Share Price, the day’s action shows a clear distinction between the intraday high and the final close. The high and the 52-week high are the same at Rs 394.50, while the gap between the high and the close was Rs 6.80. The move from the previous close to the session high was Rs 5.70, or about 1.47%, before the stock eased later in the day. Turnover for the session stood at Rs 0.76 crore, which is a factual traded-value measure and does not by itself explain the price move. What the data does show is that Steel Strips Wheels Share Price updated its yearly range and then ended with a small decline on the day. That is the direct interpretation of the session, and it is the right bridge to broader valuation and fundamentals.

Steel Strips Wheels Ltd. (SSWL) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 5,963.49 crore
P/E Ratio	28.78x
P/B Ratio	3.44x
ROE	11.75%
ROCE	15.38%
EPS	Rs 13.51
Book Value Per Share	Rs 112.98
Dividend Yield	0.39%

Steel Strips Wheels Ltd. (SSWL) fundamental metrics show P/E 28.78x, P/B 3.44x, 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 5963.49 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 28.78x, P/B at 3.44x 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 0.39%, 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 27.32x, median ROE of 12.85%, median ROCE of 14.79%. 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	28.78x
Benchmark Median P/E	27.32x
Benchmark Average P/E	81.44x
Benchmark P/E Range	4.56x to 4,217.31x
Company P/B Ratio	3.44x
Benchmark Median P/B	2.79x
Company ROE	11.75%
Benchmark Median ROE	12.85%
Company ROCE	15.38%
Benchmark Median ROCE	14.79%
Company Market Capitalisation	Rs 5,963.49 crore
Benchmark Median Market Cap	Rs 989.86 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 28.78x, which is above the benchmark median of 27.32x, a difference of +5.34%. 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 12.85%, a difference of -8.56%. Steel Strips Wheels Ltd. (SSWL) has a ROCE of 15.38%, which is above the benchmark median of 14.79%, a difference of +3.99%.

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 (%)
Wheels India Ltd.	WHEELS	5,956.6	38.17	4.74	16.1	19.47
LG Balakrishnan & Bros Ltd.	LGBBROSLTD	5,536.36	17.32	2.49	15.71	20.09
Jamna Auto Industries Ltd.	JAMNAAUTO	5,529.79	23.9	4.68	21.68	29.41
Hero Motors Ltd.	HEROMOTORS	6,443.05	140.94	5.97	10.77	12.07
Sharda Motor Industries Ltd.	SHARDAMOTR	5,489.61	16.34	3.88	29.09	39.02

Steel Strips Wheels Ltd. (SSWL) has a P/E ratio of 28.78x compared with the displayed peer median of 23.9x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 11.75% compares with a peer median of 16.1% 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 5,963.49 crore. Among the 5 peers shown, 1 has a larger market capitalisation.

Why Investors Are Watching Steel Strips Wheels

• Steel Strips Wheels Share Price touched a fresh 52-week high of Rs 394.50 in today’s session.
• The stock closed at Rs 387.70 after a day move of -0.28% versus the previous close of Rs 388.80.
• Market capitalisation stands at Rs 5,963.49 crore, with P/E at 28.78 and P/B at 3.44.
• ROE is 11.75% and ROCE is 15.38%, both available for Steel Strips Wheels Fundamental Analysis.
• The stock’s valuation can be compared with the same-industry median P/E of 27.32 and P/B of 2.79.

About Steel Strips Wheels

Steel Strips Wheels Ltd. operates in the Automobile & Ancillaries sector and the Auto Ancillary industry. The current article uses only the supplied company classification, financial metrics and stock-market data to frame Steel Strips Wheels Share Price. Univest is keeping the business description concise because the verified dataset here is primarily market and valuation oriented. That is enough to place the stock within its sector, compare it with peers, and track how Steel Strips Wheels Share Price behaves around a fresh 52-week high.

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.

Users can track Steel Strips Wheels Share Price on Univest for live updates, company stock news, shareholding pattern, market capitalisation, valuation ratios, 52-week levels and broader stock analysis. Univest also presents relevant context on fundamentals and sector comparison so readers can follow Steel Strips Wheels Share Price Today without needing to piece together the data from multiple sources.

Frequently Asked Questions

What is Steel Strips Wheels Share Price today?

Ans. Steel Strips Wheels Share Price closed at Rs 387.70. During the session, it touched Rs 394.50, which is also the fresh 52-week high, after opening at Rs 390.05 and trading as low as Rs 387.40.

Did Steel Strips Wheels hit a fresh 52-week high?

Ans. Yes. Steel Strips Wheels Share Price touched Rs 394.50, which is the fresh 52-week high in the supplied data. The stock later closed below that level, but the yearly high print remains the key event.

How much did Steel Strips Wheels Share Price move today?

Ans. Steel Strips Wheels Share Price changed by Rs -1.10, or -0.28%, versus the previous close of Rs 388.80. The session still included a high of Rs 394.50 before the stock finished at Rs 387.70.

What is the market capitalisation of Steel Strips Wheels?

Ans. Steel Strips Wheels has a market capitalisation of Rs 5,963.49 crore. That places the company well above the same-industry median market cap of Rs 989.86 crore in the supplied sector snapshot.

What is Steel Strips Wheels Share Price valuation?

Ans. Steel Strips Wheels trades at a P/E of 28.78 and a P/B of 3.44. In the same-industry benchmark, those compare with median P/E of 27.32 and median P/B of 2.79, based on 113 companies.

How do ROE and ROCE look for Steel Strips Wheels?

Ans. ROE stands at 11.75% and ROCE at 15.38%. The same-industry medians are 12.85% for ROE and 14.79% for ROCE, so the company is below the ROE median but above the ROCE median.

What are the EPS and book value for Steel Strips Wheels?

Ans. EPS is 13.51 and book value per share is 112.98. These two figures help frame Steel Strips Wheels Share Price against the company’s current earnings base and accounting net worth per share.

What is the dividend yield for Steel Strips Wheels?

Ans. The supplied dividend yield is 0.39%. That is a factual yield figure only and should be read alongside the current Steel Strips Wheels Share Price, P/E ratio, and book value.

How does Steel Strips Wheels compare with peers?

Ans. Compared with supplied peers, Steel Strips Wheels has a P/E of 28.78, which is below Wheels India’s 38.17 and above LG Balakrishnan’s 17.32. Its ROE and ROCE are also below several stronger-return peers.

What should readers watch next in Steel Strips Wheels Share Price?

Ans. Readers can watch whether Steel Strips Wheels Share Price sustains above the session’s lower band after the fresh 52-week high print. The next factual watchpoints are price action, valuation, and the sector comparison already supplied.