Steel Strips Wheels (SSWL) shares gained 1.97% to ₹235.22 as of July 1, 2026, demonstrating continued investor confidence following the company's robust June 2026 financial results. The stock has shown positive momentum with a 52-week high of ₹280.00 and 52-week low of ₹169.00, indicating strong market interest in the auto ancillary sector company.
Steel Strips Wheels (SSWL) shares gained 4.93% to ₹241.65 following the company's robust financial results for June 2026. According to reports from Business Standard, the company reported a net turnover of ₹479.87 crore for June 2026, marking a significant 36.84% year-on-year increase compared to ₹350.67 crore recorded in June 2025. The company's gross turnover rose 29.98% to ₹554.10 crore in June 2026, up from ₹426.31 crore posted in the same month last year, demonstrating strong operational momentum in the automotive wheel manufacturing sector.
The company's performance across different automotive segments showed strong momentum across most categories. As reported by Business Standard, the 2- & 3-wheeler segment grew 74% YoY in value terms, while the tractor segment rose 34% YoY. The alloy wheel segment increased 35% YoY and the truck segment gained 54% YoY. In volume terms, the 2- & 3-wheeler segment rose 40% YoY, the tractor segment increased 27% YoY, and the alloy wheel segment grew 21% YoY.
In contrast to the strong June 2026 performance, SSWL's Q4 FY26 results showed mixed results. According to Business Standard, the company reported a 0.29% year-on-year marginal rise in consolidated net profit to ₹60.84 crore in Q4 FY26, compared with ₹60.66 crore posted in Q4 FY25. However, revenue from operations tanked 5.04% YoY to ₹1,171.63 crore for the quarter ended 31 March 2026. The company's EBIT margin stood at 7.74% in Q4 FY26, while net profit margin was 4.12%.
