Steel Strips Wheels reports record revenue and profits
after close1 source ↓written by the desknot a recommendation
- in the EV
- 80% market share
- capacity expansion
- ₹500 cr
- Steel holding
- 6.92% stake
Steel Strips Wheels Limited (SSWL) achieved its best-ever financial year, with record revenue and EBITDA driven by rising demand in passenger and commercial vehicles. The company commands an 80% market share in the EV scooter wheel segment and plans a ₹500 cr capacity expansion. With Tata Steel holding a 6.92% stake, investor interest is likely to grow.
Not investment advice. For informational purposes only.