Steel Strips Wheels hits record ₹500 Cr sales, truck segment drives surge; share price rallies 13%
News by Aliceblue News Desk
01 Apr 2026
Introduction
Leading automotive manufacturer achieves record monthly sales of ₹520.75 crore in March 2026, driven by strong commercial vehicle and tractor segment performance, reflecting robust growth and market demand.
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Share price movement of SSWL
On April 01, 2026, Steel Strips Wheels Ltd opened at ₹185.55, up 8.98% from its previous close of ₹170.30. The stock reached a high of ₹191.90 (12.70%) and a low of ₹177.50. By 12:02 PM, it traded at ₹190.90, a 12.10% increase, with a market cap of ₹3,000.57 crore.
SSWL Achieves Record March Sales
Steel Strips Wheels Limited (SSWL) achieved its highest-ever monthly sales in March 2026, crossing ₹500 crore for the first time. The milestone reflects strong overall market demand and company growth.
The commercial vehicle segment recorded a 74% year-on-year increase in volume. Tractor sales grew 31% year-on-year. Both segments contributed significantly to SSWL’s record-breaking March 2026 performance.
Financially, SSWL reported net turnover of ₹520.75 crore and gross turnover of ₹603.92 crore. This represents a 20% increase in net turnover and 14.13% growth in gross turnover year-on-year.
Stock performance of SSWL for period of 1 week, 6 months, and 1 year
Steel Strips Wheels Ltd delivered a 1-week return of -8.28%, a 6-month return of -25.8%, and a 1-year return of -9.21%.
Shareholding pattern of SSWL
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 61.10% | 61.10% | 61.10% |
| FII | 8.30% | 8.70% | 7.90% |
| DII | 5% | 5% | 5% |
| Public | 25.80% | 25.50% | 25.70% |
About SSWL
Steel Strips Wheels Ltd (NSE: SSWL) designs, manufactures, and supplies steel and alloy wheel rims for domestic and global automobile makers, headquartered in Chandigarh since 1985.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Steel Strips Wheels Ltd share price rising today?
A: Steel Strips Wheels Limited (SSWL) recorded ₹520.75 crore sales in March 2026, with 74% commercial vehicle and 31% tractor segment growth.
Q: What is Steel Strips Wheels Ltd’s main business focus?
A: Steel Strips Wheels Limited (SSWL) designs, manufactures, and supplies steel and alloy wheel rims for domestic and global automobile makers.
Q: What are the 52-week high and low of Steel Strips Wheels Ltd stock?
A: Steel Strips Wheels Limited (SSWL) has a 52-week high of ₹279.60 and a 52-week low of ₹169.00.
News Author
Aliceblue News Desk
