Steel Strips Wheels (SSWL), a producer of automobile wheel rims, recorded an increase of 20% in total wheel rim sales stood at 1.16 million as compared to 0.97 million in August 2013.
In terms of value, the company has achieved gross turnover of Rs 1.13 billion in August 2014 as compared to Rs 1.01 billion in August 2013, recorded a growth of 12% and achieved a net turnover of Rs 1.02 billion in August 2014 as compared to Rs 925.5 million in August 2013, recorded a growth of 11%.
Shares of the company gained Rs 6.75, or 2.43%, to trade at Rs 284.40. The total volume of shares traded was 5,168 at the BSE (1.20 p.m., Monday).