Steel Strips Wheels gets order from BMW for wheels supply

by khalid on 07/01/2010 · 0 comments

Steel Strips Wheels (SSWL) is a manufacturer and exporter of steel wheel rims for passenger cars, utility vehicles, three wheelers, scooters, agriculture tractors and commercial vehicles. It exports wheel rims to Europe and North America. The company informed the market (BSE) that it gets an order for the whole year supply of spare wheels for BMW Oxford U.K. The annual quantity of the wheels to be supplied is 48000 wheels per year and Steel Strips will supply the spare wheels from its Chennai plant.The supply is likely to start in the middle of 2010.

Share’s Data :
BSE Code : 513262
Face Value : Rs 10.00
Mkt. Cap: 153.79 Crores
P/E: 18.00
EPS: Rs 5.96
52 Week H/L : 106.80 / 32.25
Steel Strips Wheels share’s CMP is Rs 117.40 on 7th Jan 2010.

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