Steel Strips Wheels: Exports and Alloy Wheels Lead Growth
We retain a BUY with a revised target price (TP) of Rs 1,456/share, valuing the company at 5x FY23E EV/EBIDTA. The TP implies an upside of 14% from...
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Steel Strips Wheels (SSW IN)
Steel Strips Wheels (SSW IN)
30
Analysis
Consumer Discretionary • India
Steel Strips Wheels designs, manufactures, and supplies automotive steel and alloy wheel rims for various vehicle segments, including passenger cars, commercial vehicles, tractors, and two-wheelers. The company is a key supplier to major Original Equipment Manufacturers globally. It was founded in 1985 and is headquartered in Chandigarh, India.
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