/ SSWL reports 18% rise in total wheel rim sales in October ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 1 November 2017

Steel Strips Wheels (SSWL) has reported 18% rise in its total wheel rim sales to 13.05 lakh in October 2017, as compared to 11.07 lakh in October 2016.

In terms of value, the company has achieved gross turnover of Rs 166.85 crore in October 2017 compared to Rs 108.47 crore in October 2016, there by recording a growth of 54% and achieved net turnover of Rs 134.96 crore in October 2017 compared to Rs 97.19 crore in October 2016, recording a growth of 39%.

Steel Strips Wheels (SSWL) is a part of the Steel Strips Group, headquartered in Chandigarh. It is engaged in the manufacturing of single piece steel wheel rims in the range of 10 to 30 inches for scooters, passenger cars, utility vehicles and tractors. It supplies rims to almost all major manufacturers of two wheelers, three wheelers, four wheelers, tractors and heavy commercial vehicle.

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