Steel Strips Wheels Ltd receives export orders of 51,000 wheels from EU market
Posted On: 2020-12-18 02:41:06 (Time Zone: Arizona, USA)
Steel Strips Wheels Ltd (SSWL) has received export orders of nearly 51,000 wheels for EU market, to be executed in the month of Jan & Feb 21 from its Chennai plant. Orders of similar capacity are anticipated from the same customer base as businesses continue to recover rapidly.
The company expects to grow its exports by over 40 percent in 2020-21.
Shares of STEEL STRIPS WHEELS LTD. was last trading in BSE at Rs.512.75 as compared to the previous close of Rs. 518.4. The total number of shares traded during the day was 1547 in over 206 trades.