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Steel Strips Wheels bags another order of caravan wheels from Europe

12 February, 2018 5:37 AM
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Steel Strips Wheels bags another order of caravan wheels from Europe

Shares of Steel Strips Wheels advanced 6.5 percent intraday Monday on export order win.

The company bagged yet another exports order for supply of steel wheels for EU caravan market.

The order comprises of 19,500 steel wheels to be shipped from company’s Chennai plant in the month of March 2018.

At 10:57 hrs Steel Strips Wheels was quoting at Rs 1,072.00, up Rs 25.70, or 2.46 percent on the BSE.

The share touched its 52-week high Rs 1,225.00 and 52-week low Rs 660.00 on 10 January, 2018 and 13 February, 2017, respectively.

Currently, it is trading 12.49 percent below its 52-week high and 62.42 percent above its 52-week low.

Also read: Bhushan Steel soars 20% on takeover bids by Tata Steel, others

Source: moneycontrol.com

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