Steel Strips Wheels Ltd. (SSWL): Steel Strips Wheels Share Price rises 6.52% as stock gains today

Published: 18 September 2026 at 10:49:24 AM IST

Steel Strips Wheels Share Price rose to Rs 371.00 today, up 6.52% from the previous close of Rs 348.30. The company’s market capitalisation stands at Rs 5,508.21 crore, and the move puts Steel Strips Wheels Ltd. back in focus on the Indian stock market. The supplied data confirms the price event, but it does not establish a company-specific catalyst. Even so, the share price rise is notable because it came after an opening at Rs 350.45, with the stock reaching Rs 372.50 during the session and closing the intraday range at the same day’s high. Univest is tracking the move as part of today’s Stocks in News and Share Market Today coverage.

The latest Steel Strips Wheels Share Price Today update also shows turnover of Rs 1.19 crore, which is a factual traded-value metric and not a proxy for participation or demand. For readers following Steel Strips Wheels Stock News, the key point is straightforward: the stock is rising today on verified price action, while the reason behind the move remains unconfirmed in the supplied data. Investors watching Steel Strips Wheels Share Price News can therefore focus on the numbers, the company’s valuation, and the sector context rather than speculation. Univest will keep the Steel Strips Wheels Share Price page updated with live market data and related stock analysis.

Steel Strips Wheels Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 371
Previous Close	Rs 348.3
Today's Move	Rs 22.7 (+6.52%)
Open	Rs 350.45
High	Rs 372.5
Low	Rs 350.45
Turnover	Rs 1.19 crore
Market Capitalisation	Rs 5,508.21 crore
Market Cap Category	Mid Cap

Steel Strips Wheels Ltd. (SSWL) rose to Rs 371 from the previous close of Rs 348.3, a move of Rs 22.7 or 6.52%. The stock opened at Rs 350.45, reached a high of Rs 372.5, recorded a low of Rs 350.45.

Steel Strips Wheels share price today moved from Rs 348.30 to Rs 371.00, a rise of Rs 22.70 or 6.52%. The stock opened at Rs 350.45, matched its low at the opening level, and touched a day high of Rs 372.50 before ending the day at Rs 371.00. That leaves the session very close to the top of the day’s range. The available data confirms a clear same-day Steel Strips Wheels Share Price gain, while the supplied information does not identify a company-specific trigger. In market terms, the move places SSWL among the stocks rising today, and it is also relevant for readers searching Steel Strips Wheels Share Price Live or Steel Strips Wheels Stock Gaining Today. Univest is treating this as an event-led update, not a forecast.

For a quick read, the most important facts are the current price of Rs 371.00, the day change of Rs 22.70 and the market capitalisation of Rs 5,508.21 crore. These numbers define the session more reliably than any unverified market colour. The Steel Strips Wheels Share Price Update is therefore best understood as a price rise backed by exact trading data.

Steel Strips Wheels Ltd. (SSWL) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 5,508.21 crore
P/E Ratio	25.79x
P/B Ratio	3.08x
ROE	11.75%
ROCE	15.38%
EPS	Rs 13.51
Book Value Per Share	Rs 112.98
Dividend Yield	0.43%

Steel Strips Wheels Ltd. (SSWL) fundamental metrics show P/E 25.79x, P/B 3.08x, 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 5508.21 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 25.79x, P/B at 3.08x 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 0.43%, 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 26.41x, median ROE of 12.85%, median ROCE of 15.05%. 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	25.79x
Benchmark Median P/E	26.41x
Benchmark Average P/E	70.48x
Benchmark P/E Range	2.65x to 3,219.43x
Company P/B Ratio	3.08x
Benchmark Median P/B	2.79x
Company ROE	11.75%
Benchmark Median ROE	12.85%
Company ROCE	15.38%
Benchmark Median ROCE	15.05%
Company Market Capitalisation	Rs 5,508.21 crore
Benchmark Median Market Cap	Rs 990.77 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 25.79x, which is below the benchmark median of 26.41x, a difference of -2.35%. 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 15.05%, a difference of +2.19%.

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	1,67,762.87	39.04	4.08	10.77	13.63
Bosch Ltd.	BOSCHLTD	1,40,415	59.71	9.07	19.33	25.6
UNO Minda Ltd.	UNOMINDA	67,852.4	57.97	9.83	20.54	20.74
Tube Investments of India Ltd.	TIINDIA	49,748.09	83.38	6.31	16.86	27.33
Sona BLW Precision Forgings Ltd.	SONACOMS	47,870.65	69.92	7.97	11.06	14.75

Steel Strips Wheels Ltd. (SSWL) has a P/E ratio of 25.79x compared with the displayed peer median of 59.71x. This is a relative valuation comparison, not a buy or sell signal. 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 5,508.21 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

Why Investors Are Watching Steel Strips Wheels

• The Steel Strips Wheels Share Price rose 6.52% to Rs 371.00 today, with a day gain of Rs 22.70.
• The stock moved from Rs 350.45 to a day high of Rs 372.50, leaving the close near the intraday high.
• The company’s market capitalisation is Rs 5,508.21 crore, and its P/E ratio is 25.79.
• ROE stands at 11.75% and ROCE at 15.38%, giving a clear profitability reference for Steel Strips Wheels Fundamental Analysis.
• The stock trades in the Automobile & Ancillaries sector, where its valuation can be compared with the same-industry benchmark and peer set.

About Steel Strips Wheels

Steel Strips Wheels Ltd. is part of the Automobile & Ancillaries sector and the Auto Ancillary industry. The company is known for wheel-related products used in the automotive supply chain, which places it within an important manufacturing segment tied to vehicle production and replacement demand. For readers tracking Steel Strips Wheels Company News, the business profile matters because the stock’s market behaviour should be viewed alongside its industrial role, not in isolation.

The company’s current financial profile includes a market capitalisation of Rs 5,508.21 crore, EPS of Rs 13.51, book value of Rs 112.98 and dividend yield of 0.43%. Its valuation and profitability ratios give a compact view of how the business is priced and how it converts capital into returns. For anyone searching Steel Strips Wheels Share Price or Steel Strips Wheels Stock News Today, this operating backdrop helps explain why the company stays on investor screens whenever the share price rises. Univest presents the data in a structured way so readers can connect the daily move with business fundamentals.

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.

Readers can track Steel Strips Wheels Share Price on Univest for live price updates, market capitalisation, valuation ratios, company financials, shareholding pattern, 52-week levels and broader market insights. The platform also helps users follow Steel Strips Wheels Share Price Today, compare the stock with peers in the same industry, and review the latest fundamental data in one place. Univest keeps the format simple so the focus stays on verified numbers, not speculation. That makes it easier to review Steel Strips Wheels Stock Analysis whenever the share price changes during the session.

Frequently Asked Questions

Why did Steel Strips Wheels Share Price rise today?

Ans. The supplied data confirms that Steel Strips Wheels Share Price rose 6.52% to Rs 371.00 today, but it does not establish a company-specific catalyst. The move is a verified price event based on session data.

What is Steel Strips Wheels Share Price today?

Ans. Steel Strips Wheels Share Price today is Rs 371.00. It was up Rs 22.70 from the previous close of Rs 348.30, and the stock touched a day high of Rs 372.50 during the session.

How much did Steel Strips Wheels stock gain today?

Ans. Steel Strips Wheels stock gained 6.52% today, which equals Rs 22.70. The move took the share price from Rs 348.30 to Rs 371.00 and kept it close to the day’s high.

What is the market cap of Steel Strips Wheels?

Ans. Steel Strips Wheels has a market capitalisation of Rs 5,508.21 crore. That places the company above the same-industry benchmark median market cap of Rs 990.77 crore in the supplied sample.

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

Ans. Steel Strips Wheels trades at a P/E of 25.79 and a P/B of 3.08. Its EPS is Rs 13.51 and book value is Rs 112.98, which gives useful context for the current share price.

How do Steel Strips Wheels ROE and ROCE compare with the sector?

Ans. Steel Strips Wheels reports ROE of 11.75% and ROCE of 15.38%. In the same-industry benchmark, ROE median is 12.85% and ROCE median is 15.05%, so the stock sits near those reference points.

How does Steel Strips Wheels compare with peers?

Ans. Compared with peers such as Bosch, UNO Minda and Samvardhana Motherson, Steel Strips Wheels has a smaller market cap and a lower P/E than several listed names. Its ROCE remains above some peers, including Motherson and Sona BLW Precision Forgings.

What dividend yield does Steel Strips Wheels offer?

Ans. Steel Strips Wheels has a dividend yield of 0.43%. That figure is historical and current to the supplied data, so it should be read as a factual payout reference rather than a guarantee of future distributions.

Is Steel Strips Wheels on NSE and BSE?

Ans. Steel Strips Wheels is tracked as an Indian listed stock on NSE and BSE. Investors following Steel Strips Wheels Share Price can monitor its live updates, valuation metrics and sector context on Univest.