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India

Steel Strips Wheels Ltd (STWH.NS)

STWH.NS on National Stock Exchange of India

768.70INR
3:40pm IST
Change (% chg)

Rs-0.20 (-0.03%)
Prev Close
Rs768.90
Open
Rs764.05
Day's High
Rs769.80
Day's Low
Rs764.05
Volume
5,305
Avg. Vol
5,838
52-wk High
Rs1,043.95
52-wk Low
Rs722.00

Latest Key Developments (Source: Significant Developments)

India's Steel Strips Wheels June-Qtr PAT Falls
Monday, 8 Jul 2019 

July 8 (Reuters) - Steel Strips Wheels Ltd ::JUNE QUARTER PAT 147.2 MILLION RUPEES VERSUS PROFIT 215.1 MILLION RUPEES YEAR AGO.JUNE QUARTER REVENUE FROM OPERATIONS 4.71 BILLION RUPEES VERSUS 5.01 BILLION RUPEES YEAR AGO.MEHSANA PLANT EXPECTED TO REACH CLOSE TO 75% UTILIZATION BY END OF THIS FINANCIAL YEAR.EXPECT TO OFFSET DOMESTIC SLOWDOWN BY FOCUSING ON EXPORTS, EXPECT NORMALCY TO CONTINUE FROM Q3 OF THIS FINANCIAL YEAR.EXPECT DAPPAR PLANT AND CHENNAI CAR PLANTS TO RUN AT 100% UTILIZATION Q2 ONWARDS.  Full Article

India's Steel Strips Wheels March-Qtr PAT Falls
Monday, 27 May 2019 

May 27 (Reuters) - Steel Strips Wheels Ltd ::MARCH QUARTER PAT 199.2 MILLION RUPEES VERSUS 224 MILLION RUPEES YEAR AGO.MARCH QUARTER REVENUE FROM OPERATIONS 5.27 BILLION RUPEES VERSUS 4.31 BILLION RUPEES YEAR AGO.RECOMMENDED FINAL DIVIDEND OF 4 RUPEES PER SHARE.  Full Article

Steel Strips Wheels March Total Wheel Rim Sales Down 18 Pct YoY
Monday, 1 Apr 2019 

April 1 (Reuters) - Steel Strips Wheels Ltd :: MARCH TOTAL WHEEL RIM SALES OF 10.80 LACS, DOWN 18 PERCENT YOY.STEEL STRIPS WHEELS SAYS YEAR-END CUT IN PRODUCTION WAS ON ACCOUNT OF HIGH DEALER END INVENTORY TO STREAMLINE PIPELINE INVENTORY.STEEL STRIPS WHEELS SAYS MAJOR PART OF CUTBACK IN INVENTORY IS COMPLETED & CO EXPECTS NORMALCY TO RESUME FROM APRIL 2019.  Full Article

Steel Strips Wheels Gets Order Worth 4.80 Bln Rupees
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Steel Strips Wheels Ltd ::GETS DOMESTIC ORDER FOR SUPPLY OF ALLOY WHEELS FOR AN INDIAN OEM FROM ITS MEHSANA ALLOY WHEEL PLANT.TOTAL ORDER VALUE OF PROGRAM LIFE IS 4.80 BILLION RUPEES.ORDER COMPRISES OF 1.8 MILLION ALLOY WHEELS DISTRIBUTED OVER VEHICLE PROGRAM LIFE TO BE SHIPPED FROM CO'S MEHSANA PLANT FROM 2019.  Full Article

India's Steel Strips Wheels Dec Qtr PAT Rises
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Steel Strips Wheels Ltd ::DEC QUARTER PAT 196.3 MILLION RUPEES VERSUS PROFIT 181.2 MILLION RUPEES YEAR AGO.DEC QUARTER REVENUE FROM OPERATIONS 4.83 BILLION RUPEES VERSUS 3.97 BILLION RUPEES YEAR AGO.APPROVES APPOINTMENT OF AYUSH THAREJA AS CHIEF FINANCIAL OFFICER .  Full Article

Steel Strips Wheels December Total Wheel Rim Sales Up 3 Pct
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - Steel Strips Wheels Ltd ::SAYS GROSS TURNOVER OF 1.78 BILLION RUPEES IN DECEMBER 2018 VERSUS 1.59 BILLION RUPEES IN DECEMBER 2017.DECEMBER TOTAL WHEEL RIM SALES OF 1.1 MILLION UNITS, UP 3 PERCENT FROM YEAR AGO.  Full Article

Steel Strips Wheels Gets 460 Mln Rupee Order From Volkswagen
Monday, 31 Dec 2018 

Dec 31 (Reuters) - Steel Strips Wheels Ltd ::SSWL RECEIVES 460 MILLION RUPEE ORDER FROM VOLKSWAGEN.ORDER FROM VOLKSWAGEN (VW) MEXICO FOR SUPPLIES TO THEIR PACHECO, ARGENTINA PLANT.SUPPLIES FOR ABOUT 350,000 STEEL WHEELS EXPECTEDLY STARTING IN 2020 FOR PERIOD OF 6 YEARS AMOUNTING OVER $6.5 MILLION REVENUES.  Full Article

Steel Strips Wheels Gets 90,000 Truck Wheel Order
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Steel Strips Wheels Ltd ::GETS 90,000 TRUCK WHEEL ORDER.TOTAL REVENUE GENERATED BY ORDER WOULD BE OVER $4 MILLION.CO IN DISCUSSIONS WITH OTHER LARGE TRUCK & TRAILER MAKERS IN USA.  Full Article

Steel Strips Wheels Posts Nov Net Turnover Of 1.73 Bln Rupees
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Steel Strips Wheels Ltd ::NOV NET TURNOVER 1.73 BILLION RUPEES VERSUS 1.39 BILLION RUPEES LAST YEAR.  Full Article

Steel Strips Wheels Gets 3,00,000 Wheels Export Order
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Steel Strips Wheels Ltd ::SSWL RECEIVES 3,00,000 WHEELS EXPORT ORDER.SAYS NEW EXPORTS ORDERS FOR STEEL WHEELS FOR EU CARAVAN MARKET.FURTHER ADDITIONAL ORDERS FROM OTHER EU CUSTOMERS ARE EXPECTED IN COMING FEW WEEKS.SAYS ORDER TO BE SHIPPED FROM CHENNAI PLANT OVER NEXT 6 MONTHS WITH A TOTAL VALUE CLOSE TO EUR 2 MILLION.  Full Article