Steel Strips Wheels Ltd (SSWL) has received new orders for Mobile Home market from USA. The order comprises of almost 8,200 steel wheels to be executed in the month of August from its Chennai plant. The revenue thus generated would be a total of 71k USD. Similar orders are expected in times to come from other regular customers as the market regains normalcy.
This will support further ramping up of production at Chennai steel wheels plant.
Shares of STEEL STRIPS WHEELS LTD. was last trading in BSE at Rs.436.6 as compared to the previous close of Rs. 442.7. The total number of shares traded during the day was 3361 in over 346 trades.
The stock hit an intraday high of Rs. 445 and intraday low of 431. The net turnover during the day was Rs. 1468233.