Steel Strips Wheels up 1% on export order win

Shares of Steel Strips Wheels (SSWL) rose 1.5 percent intraday Wednesday on winning export order for UK aftermarket.

The company has bagged another exports order for supply of steel wheels for UK Aftermarket.

Total order covers supplies of approximately 7,000 wheels in a period of 30 days.

Wheels to be dispatched from company’s Chennai & Dappar plant from this month onwards.

“This order further augments company’s strong presence in the extremely competitive UK Aftermarket for steel wheels. We expect repeat orders from this customer in near future, company said in release.

At 11:00 hrs Steel Strips Wheels was quoting at Rs 1,072.25, up Rs 5.65, or 0.53 percent on the BSE.moneycontrol

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