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Board Meeting Outcome

Steel Strips Wheels Board Meeting Outcome

Steel Strips Wheels Ltd's board approved an additional investment of ₹0.04 Crore (Rs. 3.76 lakhs) to acquire 37,582 shares in Echanda Urja Private Limited. This acquisition aims to procure renewable wind power for the company's Chennai plant under a group captive scheme, increasing its stake to 5.57%.

Key figures
Value₹0.04 Cr
Execution periodWithin 30 days
Source

BSE filing, NSE: SSWL. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Steel Strips Wheels Ltd: key numbers

Share price
₹526.60
Market cap
₹8,282 Cr
Revenue (annual)
₹5,183 Cr
Net profit (annual)
₹190.2 Cr
P/E (TTM)
28.2×Sector 30.9×
Promoter holding
61.21%+0.07% QoQ
FII holding
8.37%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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11:55 IST BSE
Financial Results

Steel Strips Wheels Q2 FY27 Results: Net Profit ₹116.9 Cr, Up 229.3% YoY

Steel Strips Wheels Ltd reported revenue from operations of ₹1,930 Cr (+60.7% YoY) and net profit of ₹116.9 Cr (+229.3% YoY) for Q2 FY27.

Key figure
Net profit ₹116.9 Cr · +229.3% YoY

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