Friday, November 22

Steel Strps Bags Rs.225 Cr. Export Order From Renault-Nissan

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(RTTNews.com) – Steel Strips Wheels Ltd., or SSWL, said it had bagged an export order for Rs.225 crore spanning over five years from Renault-Nissan for supply of wheel rims to its Morocco plant.

The company said the supplies would commence in the third quarter of 2013.

SSWL is confident of getting more business in coming months from Renault-Nissan and other European Customers.

At the BSE, Steel Strips Wheels shares are currently trading at Rs.236, up by 7.74 percent from the previous close.

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