NSE: SSWL | BSE: 513262

Strong Performer, Under Radar

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182.53 -12.03 (-6.18%)

26.40% Fall from 52W High

279.4K NSE+BSE Volume

NSE 07 Apr, 2025 3:31 PM (IST)

2,864.4

Market Cap

Below industry Median

0.9

Beta 1Year

Low volatility

Steel Strips Wheels Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SSWL, BSE:513262 Steel Strips Wheels Ltd.

Steel Strips Wheels Ltd.

12 May 2021

182.53

-6.18%

Result Update:Steel Str. Wheel

Buy: Steel Strips Wheels Ltd.

Target

Axis Direct

We expect the company to post Revenues/EBIDTA/PAT at a CAGR of 34%/43%/139% respectively over FY20-23E. We retain a BUY with a revised target price of Rs 908/share(earlier target Rs 877/share), valuing the company at 4x EV/EBIDTA FY23E, giving an upside of 21% from CMP.

Steel Strips Wheels Ltd. is trading below its 50 day SMA of 182.8

Steel Strips Wheels Ltd.

13 Jan 2021

182.53

-6.18%

Result Update:Steel Str. Wheel

Buy: Steel Strips Wheels Ltd.

Target

Axis Direct

We retain BUY with a revised target price of Rs 877 (earlier target Rs 590) valuing the company at 5x EV/EBIDTA FY23E giving an upside of 32%.

Steel Strips Wheels Ltd. is trading below its 50 day SMA of 182.8

Steel Strips Wheels Ltd.

19 Oct 2020

182.53

-6.18%

Initiating Coverage:Steel Strips

Buy: Steel Strips Wheels Ltd.

Recommendation Target

Axis Direct

We re-initiate coverage on Steel Strip Wheel Ltd. (SSWL) with a BUY recommendation and price target of Rs 590/- on back of expected volume recovery of automobiles viz., 2W, PVs with personal mobility gaining currency and tractors on back of good Rabi harvest and consecutive normal monsoon.

Steel Strips Wheels Ltd. is trading below its 50 day SMA of 182.8

Steel Strips Wheels Ltd.

09 Oct 2020

182.53

-6.18%

STEEL STRIPS WHEELS LTD.

Strategy Note: Steel Strips Wheels Ltd.

Ventura

Quick Research Note

Steel Strips Wheels Ltd.'s price crossed below 100Day SMA today

Steel Strips Wheels Ltd.

27 May 2020

182.53

-6.18%

Steel Strips Wheels

Mgmt Note: Steel Strips Wheels Ltd.

ICICI Securities Limited

industry (industry size ~ 8,200 crore), with presence in legacy steel wheel rims as well as emerging alloy wheel rims segments Increasing penetration of alloy wheels in PVs and opportunity created by imposition of antidumping duty on Chinese products in the...

Steel Strips Wheels Ltd.'s price crossed below 100Day SMA today

Steel Strips Wheels Ltd.

06 May 2020, 12:00AM

182.53

-6.18%

Event Update:Steel Str. Wheel

Sell: Steel Strips Wheels Ltd.

Recommendation Target

Axis Direct

COVID 19 IMPACT: EXPORTS TO SUFFER; FY21 TO BE VERY WEAK

Steel Strips Wheels Ltd. is trading above its 30 day SMA of 181.2

Steel Strips Wheels Ltd.

21 Jan 2020

182.53

-6.18%

Result Update:Steel Str. Wheel

Buy: Steel Strips Wheels Ltd.

Target

Axis Direct

Steel Strips Wheels Limited (SSWL) posted revenues of Rs 344 cr (29% Y-o-Y, 5% Q-o-Q) in Q3FY20 with another quarter of dismal performance due to sharp decline in wheel volumes for CV industry (down by ~60% on YoY basis).

Steel Strips Wheels Ltd. is trading above its 30 day SMA of 181.2

Steel Strips Wheels Ltd.

20 Nov 2019

182.53

-6.18%

Result Update:Steel Str. Wheel

Buy: Steel Strips Wheels Ltd.

Target

Axis Direct

Steel Strips Wheels Limited (SSWL) posted revenues of Rs 362 cr (?32% Y-o-Y, ?23% Q-o-Q) in Q2FY20 due to very sharp decline in volumes for CV industry

Steel Strips Wheels .. has an average target of 297.50 from 2 brokers.

Steel Strips Wheels Ltd.

06 Aug 2019, 12:00AM

182.53

-6.18%

Result Update:Steel Str. Wheel

Buy: Steel Strips Wheels Ltd.

Target

Axis Direct

Steel Strips Wheels Limited (SSWL) posted revenues of Rs 470 Cr. (?6% Y-o-Y, ?10.6% Q-o-Q) in Q1FY20 due to sharp decline in volume. The EBITDA margins compressed by 91 bps Y-o-Y, but improved slightly Q-o-Q (? 109 bps) due to rise in share of exports and alloy wheels

Steel Strips Wheels Ltd.'s price crossed below 100Day SMA today

Steel Strips Wheels Ltd.

18 Jun 2019

182.53

-6.18%

Result Update:Steel Str. Wheel

Buy: Steel Strips Wheels Ltd.

Target

Axis Direct

Steel Strips Wheels Limited's (SSWL) posted revenues of Rs 527 Cr. (? 22% Y-o-Y, ?9% Q-o-Q) in Q4FY19. The EBITDA margins compressed by 237bps YoY due to rise in raw material cost and negative operating leverage while PAT was reported at Rs 19.9 Cr.

Steel Strips Wheels Ltd. is trading below its 50 day SMA of 182.8

No results found

Is Steel Strips Wheels Ltd. worth buying?

152 Votes:

Buy 81.58%

Sell 11.18%

Hold 7.24%

RESEARCH REPORTS

Buy SEE REPORTS >

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Buy SEE REPORTS >

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