NSE: SSWL | BSE: 513262

Mid-range Performer

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229.59 0.65 (0.28%)

37.14% Gain from 52W Low

110.2K NSE+BSE Volume

NSE 03 Oct, 2025 3:31 PM (IST)

3,608.7

Market Cap

Above 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.

27 Aug 2021

229.59

0.28%

Company Update:Steel Str. Wheel

Buy: Steel Strips Wheels Ltd.

Target

Axis Direct

We retain a BUY rating on the stock and value the company at 6x FY23E EV/EBIDTA to arrive at a revised target price of Rs 2,122/share, giving an upside of 13% from CMP.

Steel Strips Wheels Ltd. is trading below its 30 day SMA of 231.6

Steel Strips Wheels Ltd.

15 Jul 2021

229.59

0.28%

Result Update:Steel Str. Wheel

Buy: Steel Strips Wheels Ltd.

Target

Axis Direct

We retain a BUY with a revised target price (TP) of Rs 1,456/share, valuing the company at 5x FY23E EV/EBIDTA. The TP implies an upside of 14% from CMP.

Steel Strips Wheels .. has an average target of 250.00 from 1 broker.

Steel Strips Wheels Ltd.

12 May 2021

229.59

0.28%

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 30 day SMA of 231.6

Steel Strips Wheels Ltd.

13 Jan 2021

229.59

0.28%

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 30 day SMA of 231.6

Steel Strips Wheels Ltd.

19 Oct 2020

229.59

0.28%

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 above its 200 day SMA of 215.8

Steel Strips Wheels Ltd.

09 Oct 2020

229.59

0.28%

STEEL STRIPS WHEELS LTD.

Strategy Note: Steel Strips Wheels Ltd.

Ventura

Quick Research Note

Steel Strips Wheels .. has an average target of 250.00 from 1 broker.

Steel Strips Wheels Ltd.

27 May 2020

229.59

0.28%

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. is trading below its 30 day SMA of 231.6

Steel Strips Wheels Ltd.

06 May 2020

229.59

0.28%

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 .. has an average target of 250.00 from 1 broker.

Steel Strips Wheels Ltd.

21 Jan 2020

229.59

0.28%

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 200 day SMA of 215.8

Steel Strips Wheels Ltd.

20 Nov 2019

229.59

0.28%

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 Ltd. is trading above its 200 day SMA of 215.8

Is Steel Strips Wheels Ltd. worth buying?

161 Votes:

Buy 81.99%

Sell 10.56%

Hold 7.45%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf