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AutomobilesHigh impactPre-market

Steel Strips Wheels reports record revenue and expansion plans

pre-market1 source ↓written by the desknot a recommendation

in EV scooter
80% market share
for expansion
₹500 cr capex
Steel holds
6.92% stake

Steel Strips Wheels Limited (SSWL) has achieved its best-ever financial year, reporting record revenue and EBITDA driven by surging demand across various vehicle segments. With an 80% market share in EV scooter wheels and a ₹500 cr capex for expansion, the company is poised for strong growth. Tata Steel holds a 6.92% stake, adding investor interest.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 3 Jul 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SSWL closed +1.7% on the day of the news, from ₹248.06 to ₹252.37; Nifty +0.4% over the same session.

Bulletin at 07:06 IST on 3 Jul 2026. Every change is measured from ₹248.06, the last close before it, on 2 Jul. Nifty 50 is measured over the same sessions.

  • SSWL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
SSWL closes around the bulletin against the close before the news, with Nifty 50 rebased to it189.52248.06306.60axis spans 62%before the news · 2 Jul248.06Nifty 50SSWLbulletinD0+1+3+525 Jun8 Jul17 JulReference close ₹248.06. 16 sessions from 25 Jun to 17 Jul; the price axis spans 62 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before2 Jul₹248.06basebase
On the day3 Jul₹252.37▲ +1.7%▲ +0.4%+1.4 pp difference
+1 session6 Jul₹246.19▼ −0.8%▲ +1.1%−1.8 pp difference
+3 sessions8 Jul₹237.47▼ −4.3%▼ −1.2%−3.1 pp difference
+5 sessions10 Jul₹246.05▼ −0.8%▲ +0.1%−0.9 pp difference
Gap at the open, % · ₹
▲ +0.3%+0.87 on 3 Jul
Day's range, % · ₹
3.3%≈ 8.2 high to low
Volume on the day
0.93×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · SSWL on the desk →

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