Steel Strips Wheels Ltd (SSWL) expect to achieve highest ever quarterly sales in Q3 with the help of truck and tractor segment growth.
The growth will be driven by extremely buoyant order book of tractor and truck wheel segment. The order book for both truck plants is good with exports also picking up steadily going ahead.
The capacity utilisation across all SSWL plants is running at more than 95% and will continue to move at this trend for balance period of the year.
Shares of STEEL STRIPS WHEELS LTD. was last trading in BSE at Rs.1032 as compared to the previous close of Rs. 1019.4. The total number of shares traded during the day was 140 in over 24 trades.
The stock hit an intraday high of Rs. 1036.15 and intraday low of 1025. The net turnover during the day was Rs. 144103.