Steel Strips Wheels Limited (SSWL) said that it has bagged yet another Exports order for supply of Steel wheels for EU Caravan market. This order covers supplies of approx 40,000 steel wheels. Wheels will be shipped from SSWL's Chennai plant from next month onwards, the company said in a filing to the Bombay Stock Exchange.
This repeat order strengthens SSWL's position as a strong player in competitive caravan wheels market in European region. Meanwhile, shares of the company were trading at Rs 883.00 apiece, down 0.26 per cent from the previous close at 12:20 hours on BSE.