Steel Strips Wheels Ltd (SSWL) surged to a record high
SSWL
Steel Strips Wheels Ltd (SSWL) surged to a record high yesterday after reporting blockbuster Q2 FY27 results, with net profit jumping over 200% year-on-year and revenue climbing 61%. The stock hit ₹467 on the BSE, marking its strongest rally in months.
📊 Key Financial Highlights (Q2 FY27)
Revenue: ₹1,930 crore (up 61% YoY)
Net Profit: ₹117–119 crore (up 209–229% YoY)
EBITDA: ₹231–235 crore (more than doubled YoY)
EBITDA Margin: ~12% (improved by ~280 basis points)
Net Profit Margin: 6.1% (up from 3% last year)
📈 Stock Market Reaction
NSE/BSE Price: ₹445–₹467 intraday (up 15–19%)
52-week High: ₹467.30 (new record)
Volume: 16.6 million shares traded, ~10.6% of total equity
YTD Performance: Up 141% in 2026, compared to a 14.6% decline in Sensex