Steel Strips Wheels Ltd bags exports order for Truck and Trailer market from USA

Steel Strips Wheels Ltd (SSWL) has bagged fresh Exports order for Truck & Trailer market from USA. Order comprises supplies of over 2,700 truck steel Wheels in July from its Chennai plant. Total revenue generated by this additional order would be over USD 110K.

This repeat order from regular customer indicates SSWL's status as a preferred supplier in the high potential US Truck Trailer Steel wheels market. Additional orders for larger quantities are expected in coming weeks from several other regular customers in USA. This order accelerates the production ramp-up of SSWL Chennai Truck wheels plant post Covid19 shutdown.

Shares of STEEL STRIPS WHEELS LTD. was last trading in BSE at Rs.371.65 as compared to the previous close of Rs.

374.15. The total number of shares traded during the day was 1814 in over 218 trades. The stock hit an intraday high of Rs.

373.95 and intraday low of 367.5.

The net turnover during the day was Rs.

670405.

You may also like...