India, Nov. 5 -- Steel Strips Wheels Limited (SSWL) has delivered a remarkable 209% surge in net profit for the first half of FY27, backed by strong operational momentum and rising demand for high-margin alloy wheels. Yet, despite impressive revenue gains and expanding margins, the auto-component manufacturer's massive capital expenditure plans raise crucial questions about long-term cash flow, mounting leverage, and financial stability.

With a market capitalization of Rs. 8,393.24 crore, the shares of Steel Strips Wheels Ltd were trading at Rs. 533.70 per share, down 0.48 percent from its previous closing price of Rs. 536.30 apiece. The stock trades at a P/E of 28.56x on a consolidated basis. Tata steel holds a 6.91% stake in this comp...