Steel Strips Wheels declares interim dividend of ₹1.5 per share
Steel Strips Wheels (SSWL) said its board has declared a interim dividend of ₹1.5 per equity share. The company is valued at about ₹6,155 crore.
What happened
In a filing with the BSE on 23 October 2026 at 12:11 PM, Steel Strips Wheels (SSWL) said that its board has declared a interim dividend of ₹1.5 per equity share.
How big is it?
At the latest price of ₹391.6, the ₹1.5 payout amounts to 0.38% of the share price.
Company snapshot
Steel Strips Wheels is a small-cap company, with a market value of about ₹6,155 crore.
The stock last traded at ₹391.6, against a 52-week range of ₹169–₹434 (9.8% below the high).
Before this filing the shares had moved +5.2% over the month and +40.0% over three months. Average daily turnover over the last 20 sessions was about ₹53.76 crore.
Promoters held 61.14% at the end of Q1 FY27. Foreign institutions owned 8.60% and domestic institutions 3.14%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,187 | 47.2 | 3.01 |
| Q2 FY26 | 1,201 | 35.5 | 2.26 |
| Q3 FY26 | 1,321 | 46.6 | 2.97 |
| Q4 FY26 | 1,475 | 60.8 | 3.87 |
| Q1 FY27 | 1,510 | 69.5 | 4.42 |
What history shows
This is not the company's first dividend disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.7% on average the next trading day and was up 5.5% on average after five days (2 filings with price data).
Market-wide, 875 dividend filings with an impact score of 50 or more saw an average next-day move of +0.0%, with 43% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 3 Sept 2026 | Record Date Fix For The Purpose For Dividend | +2.9% | +2.7% |
| 29 May 2026 | Corporate Action-Board approves Dividend | −6.4% | +8.2% |
What to watch
- 23 October 2026: Board meeting — Financial Results/Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
- Steel Strips Wheels receives ESG rating of 64 from CRISIL
- Steel Strips Wheels Q2 2026 Earnings: Revenue Climbs 17.22% as EPS Comes in at ₹12.07 - Revenue Per Share
- Steel Strips Wheels (NSE:SSWL): What Does Its Q2 FY27 Depository Compliance Filing Mean?
- Steel Strips Wheels SSWL CRISIL ESG Rating 64 Strong
- Steel Strips Wheels Q2 profit jumps 229% to ₹117 crore as revenue surges 61% to ₹1,930 crore
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.