MoneyWorks4Me

Steel Strips Wheels informs about company updates

24 Aug 2018 Evaluate

Steel Strips Wheels has informed that it has bagged another Exports order from US Truck & Trailer Aftermarket for its Truck Steel wheels plant in Chennai. Order comprises of 76,000 Truck Wheels to be shipped in next 12 months. Total order value is over $3.5 Mln. SSWL is in discussions with other large truck & trailer makers in USA and expects to get more orders in this segment in months to come. SSWL expects to increase its presence in the high potential Truck & Trailer wheels market in US & EU in the coming months.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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