Steel Strips Wheels has received export order for European winter wheels market. This order includes supply of about 9,600 wheels with an order value of about Euro 122,000.
The Company is expecting this order to repeat in near future. The wheels will be supplied from company's Chennai plant in India with the first supplies planned by end of this month.
The company had achieved total wheel sale of 11.93 lakh in April 2016 versus 10.24 lakh in April 2015 representing a 16 percent YoY growth.
The company's extra ordinary general meeting (EGM) will be held on May 28, 2016.
source: Moneycontrol
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