Thursday, May 20, 2010

Steel Strips Wheels


BSE Code : 513262
NSE Code: SSWL
Current Market Price: Rs 147.20

The Company manufactures Auto Parts
promoters Hold 52 % Shares
Public Share Holding Includes Some Big names
List is Given below

Name of the shareholder Number of shares
United India Insurance Company Ltd. 242907
General Insurance Corporation Of India 400000
Bloomen Flora Ltd 445663
Scm Fintrade Pvt. Ltd. 492907
Tata Capital Ltd. 507614
Priya Tools Limited 542871
Kalimati Investment Company Ltd. 1255856

Quarterly Results are Quite Good
See the latest Results

All Data in Rs Cr Except EPS Mar ‘09 Dec ‘09 Mar ‘10
Sales Turnover 73.84 115.71 124.32
Total Income 72.94 115.71 124.32
Total Expenses 61.86 101.47 105.94
Operating Profit 11.98 14.24 18.38
PBT 1.69 3.6 7.35
Tax 1.35 1.24 1.85
Net Profit 0.34 2.36 5.5
Earnings Per Share 0.26 1.81 4.21

Sales have Nearly Doubled in One year From 73 Crores to Rs 124 Crores On yearly basis .On Quarterly basis Sales are on rise too .

Similar is the case with net Profit and EPS

Total EPS For last 1 year is :Rs 10.98

PE Ratio :Rs 13.40

Technical Chart

SSWLVerdict:Accumulate

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