|
08 Sep 2025 |
Steel Strips Wheels
|
Consensus Share Price Target
|
225.03 |
290.00 |
- |
28.87 |
buy
|
|
|
|
|
05 Aug 2025
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
265.00
|
220.57
(2.02%)
|
17.76 |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
21 Jan 2025
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
265.00
|
194.60
(15.64%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
05 Nov 2024
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
265.00
|
214.40
(4.96%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock
|
|
26 Jul 2024
|
Steel Strips Wheels
|
ICICI Direct
|
225.03
|
330.00
|
235.92
(-4.62%)
|
|
Buy
|
|
|
|
|
25 Jul 2024
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
300.00
|
235.92
(-4.62%)
|
|
Buy
|
|
|
We maintain our BUY rating on the stock
|
|
28 May 2024
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
300.00
|
213.40
(5.45%)
|
|
Buy
|
|
|
We maintain our rating on the stock based on a richer product mix capacity additions and expected improvement in EBITDA/wheel in FY25E and FY26E.
|
|
30 Mar 2024
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
245.00
|
220.90
(1.87%)
|
Target met |
Buy
|
|
|
We recommend a BUY on the stock with a target price of Rs 245/share, implying an upside of 10% from the CMP 221.
|
|
23 Jan 2024
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
325.00
|
283.20
(-20.54%)
|
|
Buy
|
|
|
We maintain our BUY rating on the stock with a TP of Rs 325/share (unchanged), implying an upside potential of 19% from the CMP.
|
|
23 Jan 2024
|
Steel Strips Wheels
|
ICICI Direct
|
225.03
|
340.00
|
283.20
(-20.54%)
|
|
Buy
|
|
|
|
|
31 Oct 2023
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
325.00
|
260.55
(-13.63%)
|
|
Buy
|
|
|
We maintain our BUY rating on the stock with a TP of Rs 325/share (unchanged), implying an upside potential of 24% from the CMP.
|
|
26 Sep 2023
|
Steel Strips Wheels
|
Prabhudas Lilladhar
|
225.03
|
|
282.25
(-20.27%)
|
|
Not Rated
|
|
|
|
|
25 Sep 2023
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
325.00
|
280.40
(-19.75%)
|
|
Buy
|
|
|
We maintain our BUY rating on the stock with a revised TP of Rs 325/share (from Rs 240/share earlier), implying an upside potential of 22% from the CMP.
|
|
01 Aug 2023
|
Steel Strips Wheels
|
Ashika Research
|
225.03
|
301.00
|
240.25
(-6.34%)
|
|
Buy
|
|
|
|
|
18 Jul 2023
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
240.00
|
212.15
(6.07%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock based on a richer product mix (alloy wheels, exports, CV) and improvement in EBITDA/wheel in FY25.
|
|
26 Jun 2023
|
Steel Strips Wheels
|
ICICI Direct
|
225.03
|
260.00
|
204.20
(10.20%)
|
Target met |
Buy
|
|
|
|
|
29 May 2023
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
165.00
|
150.95
(49.08%)
|
Target met |
Buy
|
|
|
We maintain a BUY rating on the stock based on a richer product mix (alloy wheels, exports, CV) and improvement in EBITDA/wheel on a conservative basis.
|
|
01 Feb 2023
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
160.00
|
140.90
(59.71%)
|
Target met |
Buy
|
|
|
We continue to maintain a BUY rating on the stock based on a richer product mix (alloy wheels, exports, CV) which may aid margin improvement.
|
|
30 Oct 2022
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
870.00
|
802.75
(-71.97%)
|
Pre-Bonus/ Split |
Buy
|
|
|
We retain our BUY rating on the stock and value it at 5.5x FY24E EV/EBITDA to arrive at a target price of Rs 870/share (Rs 950/ share earlier), implying an upside of 11% from the CMP.
|
|
18 May 2022
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
1000.00
|
755.10
(-70.20%)
|
Pre-Bonus/ Split |
Buy
|
|
|
We retain our BUY rating on the stock valuing it at 5.5x FY24E EV/EBIDTA arriving at a target price of Rs 1,000/share, (Rs 1,075/ share earlier) implying an upside of 30% from CMP.
|
|
27 Aug 2021
|
Steel Strips Wheels
|
Axis Direct
|
225.03
|
2122.00
|
1873.85
(-87.99%)
|
Pre-Bonus/ Split |
Buy
|
|
|
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.
|