SSWL rides high at the bourses

SSWL rides high at the bourses

by admin- Friday, May 3rd, 2019 04:25:15 PM

Steel Strips Wheels is currently buying and selling at Rs. 860.00, up through three.60 points or 0.Forty two% from its preceding last of Rs. 856.40 at the BSE.

The scrip opened at Rs. 860.00 and has touched a high and occasional of Rs. 884.50 and Rs. 860.00 respectively. So a long way fifty one shares have been traded at the counter.

The BSE group ‘B’ stock of face cost Rs. 10 has touched a 52 week high of Rs. 1410.00 on 04-Jun-2018 and a 52 week low of Rs. 801.00 on 30-Apr-2019.

Last one week excessive and coffee of the scrip stood at Rs. 886.00 and Rs. 801.00 respectively. The cutting-edge marketplace cap of the employer is Rs. 1340.72 crore.

The promoters maintaining inside the business enterprise stood at 58.Seventy nine%, whilst Institutions and Non-Institutions held 1.02% and 40.19% respectively.

Steel Strips Wheels (SSWL) has mentioned overall wheel rim income of eleven.99 lakh in April 2019 in opposition to 12.Eighty two lakh in April 2018 representing de-increase of seven% Y-o-Y.

The corporation has accomplished gross turnover of Rs 197.22 crore in April 2019 in opposition to Rs 211.79 crore in April 2018, there by means of recording a de-growth of 7% and executed Net turnover of Rs 161.07 crore in April 2019 in opposition to Rs 158.81 crore in April 2018, recording a de-increase of 1%.

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