Steel Strips Wheels has bagged export order for supply of Steel wheels for EU Caravan market. The order comprises of approx. 100,000 Steel wheels to be shipped from SSWL's Chennai plant from May 2018 onwards until period of 5 months.
The company is on the verge of receiving similar export orders with another European customers in next future. This repeat order makes SSWL as a leading supplier of caravan Steel wheels market in European region.
Shares of the company gained Rs 29.2, or 2.82%, to trade at Rs 1,063.60. The total volume of shares traded was 365 at the BSE (11.31 a.m., Thursday).