MoneyWorks4Me

SSWL records marginal decline in total wheel rim sales in November

04 Dec 2019 Evaluate

Steel Strips Wheels (SSWL) has achieved total wheel rim sales of 12.52 lakh in November 2019 as compared to 12.78 lakh in November 2018 representing a marginal de-growth of 2% Y-o-Y. The Month on Month growth in November 2019 was 19% and the company expect the momentum will continue based on Good exports and Mehsana alloy wheel segment contribution.

SSWL is a part of the Steel Strips Group, headquartered in Chandigarh. It is engaged in the manufacturing of single piece steel wheel rims in the range of 10 to 30 inches for scooters, passenger cars, utility vehicles and tractors. It supplies rims to almost all major manufacturers of two wheelers, three wheelers, four wheelers, tractors and heavy commercial vehicle.

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