Moneycontrol
Apr 16, 2018 01:49 PM IST | Source: Moneycontrol.com

Steel Strips Wheels shares gain on order for supply of steel wheels to EU Caravan market

Order comprises of approximately 41,000 steel wheels to be shipped from company's Chennai plant from next month onwards.

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Steel Strips Wheels share price gained 1.5 percent intraday Monday on bagging yet another big exports order for supply of steel wheels for EU Caravan market.

Order comprises of approximately 41,000 steel wheels to be shipped from company's Chennai plant from next month onwards.

The company is expected to close some more export orders with another European customers in recent future.

"This repeat order makes SSWL as a leading supplier of caravan Steel wheels market in European region," the company said.

At 13:33 hours IST, the stock price was quoting at Rs 1,222.00, up Rs 9.10, or 0.75 percent on the BSE.
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