Why is Steel Str. Wheel falling/rising?

Nov 14 2025 10:03 PM IST
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As of 14-Nov, Steel Strips Wheels Ltd's stock price has declined to Rs 207.20, down 3.94%, and is underperforming its sector while trading below all moving averages. Despite increased investor participation, the stock has shown negative performance trends over the past week and month, indicating poor long-term growth prospects and financial challenges.
As of 14-Nov, Steel Strips Wheels Ltd is experiencing a decline in its stock price, currently at Rs 207.20, which represents a decrease of Rs 8.5 or 3.94%. Today's price summary indicates that the stock opened lower, with a gap down of 2.67%, and reached an intraday low of Rs 205.5, reflecting a drop of 4.73%. The stock has underperformed its sector by 3.99% today and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Despite a rise in investor participation, with delivery volume increasing by 58.92% against the 5-day average, the stock's performance over the past week and month has been negative, with declines of 5.43% and 3.06%, respectively. Additionally, while the stock has generated a modest return of 2.12% over the past year, profits have fallen by 2.2%, indicating underlying financial challenges.

In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.62% over the past week and 3.09% over the past month. This divergence highlights Steel Strips Wheels Ltd's struggles in a generally positive market environment. The company's long-term growth prospects appear poor, as indicated by a negative annual growth rate of operating profit over the last five years and disappointing quarterly results, including a significant drop in PAT and the lowest ROCE in recent history. These factors contribute to a perception of the stock as a less attractive investment compared to its peers, further exacerbating its price decline.
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