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Steel Strips Wheels informs about updates

20 Dec 2024 Evaluate
Steel Strips Wheels has informed that the company has received nomination for steel wheel business from a leading European OEM. The business value is close to Euro 15 million which will be executed over a span of 6 years. Series supplies are expected to commence from end CY2026. The company expects more business from Global OEMs in coming months which compliments its strategy to grow its presence in the EU and US OEM space. Details as in the letter attached.

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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