Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Steel Strips Infrastructures reports consolidated net loss of Rs 6.13 crore in the March 2022 quarter

Shares of Steel Strips Wheels hit upper circuit of 5 per cent today after the manufacturer of steel wheel rims clocked highest ever monthly sales in the commercial vehicles segment. Steel Strips Wheels clocked net turnover of Rs 365.73 crore in March 2022 against Rs 253.29 crore in March 2021, recor…

Steel Strips Wheels hits 5% upper circuit on record March sales

The Company is working to further pre-pay the long term loans within the current month.

Steel Strips Wheels prepays long term debt of Rs35.76 crore; Stock under pressure

Steel Strips Wheels (SSWL) said that it has prepaid the long term debt of Rs 35.76 crore, thereby making the total prepayment of Rs 97.03 crore till date.

SSWL partly repays long-term debt; aims to achieve sub-2x leverage

The company is working to further pre-pay the long term loans within the current month, so as to be on course to achieve the targeted financial leverage of sub 2 times on total debt (Long Term/Short Term)
basis.

Steel Strips Wheels repays long term debt of Rs 25.73 cr

Steel Strips Wheels rose 1.03% to Rs 775.35 after the company said it has further reduced the long term debt by Rs 25.73 crore.

Steel Strips gains after partly prepaying long term debt

The company is working to further pre-pay the long term loans within the current month, so as to be on course to achieve the targeted financial leverage of sub 2 times on total debt (long term / short term basis).

Steel Strips Wheels prepays term debt of Rs 35.54 cr

Steel Strips Wheels (SSWL) was locked in 5% upper circuit at Rs 786.45 after the company achieved a net turnover of Rs 305.57 crore in January 2022 as against Rs 210.19 crore in January 2021, recording a growth of 44.72% YoY.

SSWL hits the roof after net turnover rises 45% YoY in Jan′22

Steel Strips Wheels Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 2449.28 Crore) operating in Auto Ancillaries sector.

Buy Steel Strips Wheels, target price Rs 1075: Axis Securities

Steel Strips Wheels standalone net profit rises 48.44% in the December 2021 quarter

Axis Bank, HDFC AMC, Indian Energy Exchange, SBI Cards, Shriram Transport Finance, Steel Strips Wheels, and Zensar Technologies to announce results today.

Stocks to Watch: RIL, ICICI Bank, Yes Bank, HDFC Life, SBI Life, Voda Idea

Steel Strips Wheels Limited is engaged in the manufacturing of steel wheel rims catering to different segments of automobile industry.

Steel Strips Wheels Ltd

Steel Strips Wheels Ltd

Intrinsic Value
Intrinsic 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

ROE vs FD rates
Fixed 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

Dividend Returns
A 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

Entry Point
High 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

News & Opinions

Steel Strips Infrastructures reports consolidated net loss of Rs 6.13 crore in the March 2022 quarter

Steel Strips Wheels hits 5% upper circuit on record March sales

Steel Strips Wheels prepays long term debt of Rs35.76 crore; Stock under pressure

SSWL partly repays long-term debt; aims to achieve sub-2x leverage

Steel Strips Wheels repays long term debt of Rs 25.73 cr

Steel Strips gains after partly prepaying long term debt

Steel Strips Wheels prepays term debt of Rs 35.54 cr

Steel Strips Wheels Ltd

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

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

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

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

News & Opinions

Steel Strips Infrastructures reports consolidated net loss of Rs 6.13 crore in the March 2022 quarter

Steel Strips Wheels hits 5% upper circuit on record March sales

Steel Strips Wheels prepays long term debt of Rs35.76 crore; Stock under pressure

SSWL partly repays long-term debt; aims to achieve sub-2x leverage

Steel Strips Wheels repays long term debt of Rs 25.73 cr

Steel Strips gains after partly prepaying long term debt

Steel Strips Wheels prepays term debt of Rs 35.54 cr

Intrinsic Value
Intrinsic 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

ROE vs FD rates
Fixed 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

Dividend Returns
A 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

Entry Point
High 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