Steel Strip Wheels to set up EV joint venture with Israel's Redler Technologies
The two companies have signed a memorandum of understanding for the same and will collaborate on EV controllers for two-, three- and four-wheelers, Steel Strip Wheels Ltd said in a regulatory filing.
For the quarter ended June 30, 2022, the company has reported a standalone total income of Rs 1016.11 crore, down 4.92 per cent from last quarter total income of Rs 1068.74 crore and up 49.34 per cent from last year same quarter total income of Rs 680.40 crore.
Triton EV approaches Supreme Court to be able to bid for AMW subsidiary
On September 1, 2020, the Ahmedabad bench of the National Company Law Tribunal (NCLT) admitted the company under the Corporate Insolvency Resolution Process (CIRP). On September 21, 2021, the Committee of Creditors (CoC) approved the resolution plan submitted by the Steel Strips Wheel in the absence of any other viable resolution plan.
2022 Maruti Suzuki Alto K10 launched today: Price, specs and new features
The model is available in four variants - Std, Lxi, Vxi, VXi+. There are six colour options - Silky White, Solid White, Granite Grey, Speedy Blue, Earth Gold, and Sizzling Red.
The launch of new Scorpio Classic SUV is a part of the company's plan to maintain the old-generation Scorpio's fan base by continuing to provide it in a new form following the release of the all-new Scorpio-N, which is a very new car overall.
SSWL has formed symmetrical triangle pattern on daily timeframe. Crossing 789 can be an important level for breakout. Targets 800,810,820 in coming days
PMS report card: How funds run by Mukherjea, Samir Arora performed in March
The biggest gainer of the year was Growth Plus Value Strategy of Care Portfolio Managers that delivered 13.5 per cent. Launched over a decade ago, it gives higher weightage to lower valuation multiple, especially from smallcap companies.
Steel Strips Wheels Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 2848.73 Crore) operating in Auto Ancillaries sector.
Fund managers for the richie rich deliver up to 4 times their benchmark returns in July
Among the PMS strategies, minnows from the smallcap segment trounced their better known peers for another month, outlining that all that matters on Dalal Street is picking the right stocks at the right time.
The week that was in 10 stocks: Hindustan Oil zooms 32%, Future Group stocks bleed
In the BSE 500 index, about 270 stocks ended the week on a negative note while the rest closed with gains. Among the gainers, just 14 counters registered double-digits gain during the week.
Steel Strips Wheels hits upper circuit after record sales in July
Shares of Steel Strips Wheels have been on a roll recently. The scrip has delivered more than 230 per cent in 2021 so far. The counter has jumped 75 per cent in the last one month.
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Mid & smallcap-focused minnows beat their larger peers in June
Bonanza Portfolios Value strategy, which invests nearly two-thirds of its money in midcap and smallcap stocks, topped the charts with 14 per cent return for the month. It was followed by Right Horizons Minerva India Under Served, which holds shares like JK Paper, Steel Strips Wheels, Fiem Industries and Zensar Tech.
Ahead of Market: 12 things that will decide stock action on Thursday
Rohit Singre, Senior Technical Analyst at LKP Securities, said Niftys immediate supports are seen in the 15,600-15,500 range and below the 15,500 level. We may see good selling pressure," he said.
Wheels India mulls Rs 100 crore capex this year for wind energy segment
"Wheels India is planning a capital expenditure of Rs 100 crore that will go into the wind segment where we will be setting up a new plant in Thervoy Kandigai near Chennai.
Steel Strip Wheels has won export order for 57,000 wheels from the US & EU trailer market to be executed in Dec 2020. CMP of Rs. 496 is way below its 52-week high of Rs. 784
Steel Strips Wheels Ltd (SSWL) has received export orders of nearly 23,000 wheels for EU trailer market, to be executed in the month of Dec from its Chennai plant.
The company expects continued acceleration ......read more
Steel Strips Wheels has received export orders for 7,900 wheels from the U.S. Caravan trailer market. The value for the order is $1,25,000. – Positive.