Steel Strips Wheels Ltd (SSWL) has bagged repeat firm exports orders for 400000 wheels for Trailer Market. This would be a significant increase of about 30% from the same period of previous year. Entire volume of 400000 wheels is to be executed by October 2019 amounting to a total value of close to INR 20 Crs.
This marks SSWL's successful journey from being an entrant to being the market leader in this segment over 4 years. We expect to further improve our presence in this segment over coming quarters.
Shares of STEEL STRIPS WHEELS LTD. was last trading in BSE at Rs.805 as compared to the previous close of Rs. 800.95. The total number of shares traded during the day was 95 in over 24 trades.
The stock hit an intraday high of Rs. 810 and intraday low of 801.4. The net turnover during the day was Rs. 76407.