/ Steel Strips Trades In Green Secures Export Orders ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 12 July 2017

Steel Strips Wheels (SSWL) has bagged an export order for supply of 20,000 steel wheels for EU aftermarket.

The order covers supplies of over 20,000 wheels in a period of 3 months. The wheels are to be dispatched from SSWL’s Chennai plant.
The company expects a repeat order of 10,000 wheels by the end of September 2017.

The stock traded in the positive territory gaining 1.01% at Rs 889.00 per share on BSE.

Meanwhile, the stock on NSE has attracted a traded volume of 9,813 shares and a traded value of Rs 87.48 lakh.

On a yearly basis, the stock has outperformed BSE Small-cap index by 52.73%.

Steel Strips Wheels Limited is engaged in the manufacturing of steel wheel rims catering to different segments of automobile industry. The company operates in automotive wheels segment. Its geographical segments include within India and outside India. 

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