Steel Strips Wheels (SSWL), a producer of automobile wheel rims, has bagged exports aftermarket order for supply of Caravan Steel wheels for EU After market.

The company said, total order value would be about USD 100,000 for supplying around 12,000 wheels in a period of six months.

SSWL expects to repeat the order in coming months and the orders to be executed from the company's Chennai plant.

The total European Caravan market is of 2.5 million wheels. SSWL is closely working with other customer for development of new high volume runners for this market.

Shares of the company gained Rs 2.1, or 0.57%, to trade at Rs 369.50. The total volume of shares traded was 17,776 at the BSE (11.28 a.m., Thursday).