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Steel Strips Wheels Share Price Target 2024, 2025, 2026 to 2039 With Charts
Steel Strips Wheels Limited | |||
 | Symbol: SSWL | ||
| Price: ₹201.24 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Table of Contents
- 1: Steel Strips Wheels Brief Company Overview
- 1.1: Steel Strips Wheels Limited: A Reputable Force in the Automotive Industry
- 1.2: Steel Strips Wheels Financial Performance
- 1.2.1: Is Steel Strips Wheels A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Steel Strips Wheels Share Price Target For 2024
- 2.1.1: Steel Strips Wheels Share Price Target Table For 2024
- 2.1.2: Summary: Steel Strips Wheels Share Price Prediction For 2024
- 2.2: Steel Strips Wheels Share Price Target For 2025
- 2.2.1: Steel Strips Wheels Share Price Target Table For 2025
- 2.2.2: Summary: Steel Strips Wheels Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Steel Strips Wheels Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Steel Strips Wheels Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Steel Strips Wheels Past Performance
Steel Strips Wheels Brief Company Overview
Steel Strips Wheels Limited: A Reputable Force in the Automotive Industry
Since its inception in 1985, Steel Strips Wheels Limited has established itself as a leading player in the design, manufacturing, and sale of automotive wheels. Headquartered in Chandigarh, India, the company has expanded its reach internationally, catering to the needs of a diverse clientele.
Steel Strips Wheels Limited boasts a comprehensive product range, including steel wheel rims, alloy wheel rims, and hot rolling mills. These products are engineered to cater to a wide spectrum of vehicles, from two and three-wheelers to passenger cars, multi-utility vehicles, tractors, commercial vehicles, and OTR vehicles.
Over the years, the company has garnered a reputation for high quality and customer satisfaction. Its commitment to innovation and precision has earned it recognition in the industry. Steel Strips Wheels Limited continues to drive progress through its unwavering focus on providing exceptional products and services to its valued customers.
Steel Strips Wheels Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,359.85 Crore | Market valuation of Steel Strips Wheels's shares. |
| Revenue (TTM) | 4,293.34 Crore | Total revenue generated by Steel Strips Wheels over the past twelve months. |
| Net Income (TTM) | +206.41 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 8.48% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 4.8% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +18.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +35.79% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 68.38 | Company's total debt divided by total shareholder equity. |
| Total Debt | 836.38 Crore | Sum of Steel Strips Wheels's current & long-term financial obligations. |
| Total Cash | 36.67 Crore | Total amount of liquid funds available to Steel Strips Wheels. |
| Beta | 0.57 | Beta is less than 1 indicating that the Steel Strips Wheels's price is less volatile than the market. |
Is Steel Strips Wheels A Good Buy For Long Term?
Steel Strips Wheels, with a revenue of 4,293.34 Crore and a debt of 836.38 Crore, has shown a consistent revenue growth with a 18.3% increase in the last quarter and a 35.79% increase compared to the same quarter last year. Despite a small dip in the past months, the stock has performed well over the past 3, 5, and 12 months, with a strong 40.61% return in the past year and an impressive 349.74% return in the past three years. Considering these factors, it can be considered a decent buy for long-term investment.
To predict the Steel Strips Wheels's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Steel Strips Wheels Share Price Target For 2024
The line chart displays the monthly closing prices of Steel Strips Wheels with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Steel Strips Wheels shares in 2024, see the table below.
Steel Strips Wheels Share Price Target Table For 2024
| Steel Strips Wheels's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 214.19 (+6.43%) | Price Action: 17 Oct 2024 High |
| 2024 Target 2 | 212.00 (+5.34%) | Price Action: 07 Nov 2024 Low |
| 2024 Target 1 | 209.66 (+4.18%) | Price Action: 21 Oct 2024 Low |
| Current Price | 201.24 | Steel Strips Wheels's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 207.25 (+2.98%) | Fibonacci Retracement Level 38.2% |
| Stop Loss 2 | 205.00 (+1.86%) | Price Action: Oct 2024 High |
| Stop Loss 3 | 202.21 (+0.48%) | Fibonacci Retracement Level 98.6% |
Summary: Steel Strips Wheels Share Price Prediction For 2024
In summary, Steel Strips Wheels has declined by ₹-57.96, recording a notable -22.36% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Steel Strips Wheels for 2024 predicts an additional rise of 4.18% to 6.43% by the end of 2024 with three potential targets T1: 209.66, T2: 212.00, T3: 214.19. Stop Loss at SL1: 207.25, SL2: 205.00, SL3: 202.21.
Steel Strips Wheels has a 52-week high of ₹291.45, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹188.85, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Steel Strips Wheels.
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Steel Strips Wheels Share Price Target For 2025
The line chart displays the monthly closing prices of Steel Strips Wheels with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Steel Strips Wheels shares in 2025, see the table below.
Steel Strips Wheels Share Price Target Table For 2025
| Steel Strips Wheels's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 279.54 (+38.9%) | Price Action: Chart |
| 2025 Target 2 | 274.33 (+36.31%) | Price Action: Chart |
| 2025 Target 1 | 271.61 (+34.96%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 201.24 | Steel Strips Wheels's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 191.20 (-4.99%) | Price Action: Nov 2021 High |
| Stop Loss 2 | 188.85 (-6.16%) | Price Action: 29 Oct 2024 Low |
| Stop Loss 3 | 184.90 (-8.12%) | Price Action: Sep 2022 High |
Summary: Steel Strips Wheels Share Price Prediction For 2025
In summary, Steel Strips Wheels has declined by ₹-57.96, recording a notable -22.36% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Steel Strips Wheels for 2025 predicts an additional rise of 34.96% to 38.9% by the end of 2025 with three potential targets T1: 271.61, T2: 274.33, T3: 279.54. Stop Loss at SL1: 191.20, SL2: 188.85, SL3: 184.90.
Steel Strips Wheels has a All-Time high of ₹979.20, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹188.85, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Steel Strips Wheels, we have created a specific page for that check here: Steel Strips Wheels Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Steel Strips Wheels Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Steel Strips Wheels share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 0.11% over the next 15 years.
For complete year by year Steel Strips Wheels long term share price target from 2024, 2025 to 2039 check the below table.
Steel Strips Wheels Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Steel Strips Wheels Target | YoY Change % |
|---|---|---|
| 2024 | ₹201.24 | [Current Price] |
| 2024 | ₹193.24 | -3.98% |
| 2025 | ₹181.16 | -6.26% |
| 2026 | ₹150.41 | -16.98% |
| 2027 | ₹157.5 | 4.71% |
| 2028 | ₹192.47 | 22.2% |
| 2029 | ₹210.46 | 9.34% |
| 2030 | ₹224.72 | 6.77% |
| 2031 | ₹204.86 | -8.84% |
| 2032 | ₹197.19 | -3.75% |
| 2033 | ₹178.92 | -9.27% |
| 2034 | ₹195.43 | 9.22% |
| 2035 | ₹208.43 | 6.65% |
| 2036 | ₹189.8 | -8.94% |
| 2037 | ₹182.48 | -3.86% |
| 2038 | ₹165.36 | -9.39% |
| 2039 | ₹196.22 | 18.66% |
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Steel Strips Wheels Past Performance
- In 1993, Steel Strips Wheels opening price was ₹0.8
- As of Thu 21 Nov 2024 the price stands at ₹201.24.
- This represents a Compound Annual Growth Rate (CAGR) of 18.86%.
- In 31 years, an investment of 10,000 would have become ₹25.15 Lakh.
As we wrap up, we hope you like our study on Steel Strips Wheels share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Steel Strips Wheels Share Price History
- Steel Strips Wheels Price Target Tomorrow
- Steel Strips Wheels Dividend History
- Steel Strips Wheels Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
