Steel Strips Wheels Ltd (SSWL) shares traded at ₹190.33, up 0.97 per cent or ₹1.83, as of 11.55 AM on Friday, December 12, 2025, following the company’s announcement of securing new export orders worth approximately $1 million from a US customer.
The Chandigarh-based steel wheel manufacturer informed stock exchanges that it has bagged orders for trailer wheel segments destined for the US market. The orders, valued at close to $1 million (approximately ₹9.02 crore), are scheduled for shipment in December 2025 from the company’s Chennai plant.
The stock opened at ₹188.50 and touched an intraday high of ₹194.38, with buyers dominating the trading session at 70.50 per cent against 29.50 per cent sellers. The traded volume stood at 2.81 lakh shares with a traded value of ₹5.36 crore. Deliverable quantity accounted for 43.84 per cent of traded volume.
SSWL’s disclosure highlighted that these orders signal a “re-start of cooperation with US customers” and are expected to lead to substantially higher repeat orders in coming months. The company secretary Kanika Sapra filed the disclosure under Regulation 30 of SEBI’s listing regulations.
The development marks a positive turn for SSWL, which has seen its stock decline 11.72 per cent over the past year. However, the counter remains significantly above its 52-week low of ₹167.41 touched on March 17, 2025, though well below its 52-week high of ₹280 recorded on July 1, 2025.
The company’s total market capitalization stands at ₹2,991.62 crore with a free float market cap of ₹742.05 crore. The stock has delivered robust returns of 268.29 per cent over five years despite recent underperformance.
The export order is with an international entity and does not involve any related party transactions, according to the company’s stock exchange filing.
Published on December 12, 2025
