Steel Strips Wheels Ltd
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Steel Strips Wheels Ltd
SSWL
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key Metrics
Forecast & RatingsDetailed Forecast
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Company Profile
Steel Strips Wheels Limited is engaged in the manufacturing of steel wheel rims catering to different segments of automobile industry.
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Financial TrendFinancial statements
Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
Steel Strips Wheels standalone net profit rises 9.72% in the March 2022 quarter
1 week ago•Business Standard
Steel Strips Wheels hits 5% upper circuit on record March sales
1 month ago•Business Today
Steel Strips Wheels prepays long term debt of Rs35.76 crore; Stock under pressure
1 month ago•India Infoline
Recent EventsAll events
Recording of Analysts/Institutional Investor Meet/Con. Call
Steel Strips Wheels Limited has informed the Exchange about Recording of Analysts/Institutional Investor Meet/Con. CallIn continuation to our letters dated 16.05.2022 & 17.05.2022 regarding Analysts/Institutional Investors Meet and pursuant to the provisions of Regulation 30(6) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, the audio recording of the conference call with institutional investors and analysts held today i.e. 17th May, 2022 on ￢ﾀﾜQ4FY22 Earnings Conference Call to discuss results & future outlook of business￢ﾀﾝ is available on the Company￢ﾀﾙs website at http://sswlindia.com/investor/ under the Analysts/ Investor meet tab. | Download
Steel Strips Wheels Limited has informed the Exchange about Recording of Analysts/Institutional Investor Meet/Con. CallIn continuation to our letters dated 16.05.2022 & 17.05.2022 regarding Analysts/Institutional Investors Meet and pursuant to the provisions of Regulation 30(6) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, the audio recording of the conference call with institutional investors and analysts held today i.e. 17th May, 2022 on ￢ﾀﾜQ4FY22 Earnings Conference Call to discuss results & future outlook of business￢ﾀﾝ is available on the Company￢ﾀﾙs website at http://sswlindia.com/investor/ under the Analysts/ Investor meet tab. | Download
Schedule of Analysts/Institutional Investor Meet/Con. Call
Steel Strips Wheels Limited has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call.In continuation to our letter dated 16.05.2022 regarding Analysts/Institutional Investors Meet and pursuant to the provisions of Regulation 30(6) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, we wish to inform you that the Company's Analysts/ Investors conference call on ￢ﾀﾜQ4FY22 Earnings Conference Call to discuss results & future outlook of business￢ﾀﾝ is scheduled to be held on Tuesday, 17th May, 2022 at 04:00 pm. Please find attached the details of the conference call for ready reference.Note: Changes to the Schedule may happen due to exigencies on part of Analysts/Investors or the Company. Kindly take the same on your records for reference. | Download
Steel Strips Wheels Limited has informed the Exchange about Schedule of Analysts/Institutional Investor Meet/Con. Call.In continuation to our letter dated 16.05.2022 regarding Analysts/Institutional Investors Meet and pursuant to the provisions of Regulation 30(6) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, we wish to inform you that the Company's Analysts/ Investors conference call on ￢ﾀﾜQ4FY22 Earnings Conference Call to discuss results & future outlook of business￢ﾀﾝ is scheduled to be held on Tuesday, 17th May, 2022 at 04:00 pm. Please find attached the details of the conference call for ready reference.Note: Changes to the Schedule may happen due to exigencies on part of Analysts/Investors or the Company. Kindly take the same on your records for reference. | Download
Cash Dividend
Final • Div/Share: ₹ 2
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value