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Steel Strips Wheels Ltd (STWH.NS)

STWH.NS on National Stock Exchange of India

712.20INR
5:59am EDT
Change (% chg)

Rs-13.25 (-1.83%)
Prev Close
Rs725.45
Open
Rs715.50
Day's High
Rs726.50
Day's Low
Rs710.05
Volume
10,027
Avg. Vol
26,063
52-wk High
Rs778.25
52-wk Low
Rs327.00

Latest Key Developments (Source: Significant Developments)

Steel Strips Wheels gets export order from France
Tuesday, 14 Mar 2017 04:45am EDT 

Steel Strips Wheels Ltd : Says SSWL receives 25,000 wheel order from France . Total order covers supplies of approx 25,000 wheels in a period of five months from April 2017 .Says orders comprise of mix of 13" steel wheels to be supplied from SSWL's Chennai plant.  Full Article

Steel Strips Wheels Feb total wheel rim sales of 1.2 mln
Wednesday, 1 Mar 2017 02:26am EST 

Steel Strips Wheels Ltd : Says SSWL registers 5% turnover growth in february led favourable product mix of truck segment . Says total wheel rim sales of 1.2 million in feb 2017 versus 1.2 million last year . Says passenger car segment grew 6% in february 2017 yoy . Says Chennai plant expected to reach highest sales and capacity utilization in march 2017 . Says exports volumes dropped by 19% in february 2017. . Says in MCV & LHCV expect the sales growth to be in high double digit . Says co sees single digit growth falling through in domestic tractor segment going ahead .Says company is on track to achieve the 1.45 million export volume target projected for the year.  Full Article

Steel Strips Wheels gets caravan wheel order
Thursday, 12 Jan 2017 12:27am EST 

Steel Strips Wheels Ltd : Says orders comprise of 13'' steel wheels to be supplied from SSWL with shipments starting from February 2017 . Says SSWL wins big caravan wheel order .Says total order covers supplies of 62000 wheels in 3 months.  Full Article

Steel Strips Wheels gets caravan wheels order for EU Trailer market
Monday, 5 Dec 2016 12:16am EST 

Steel Strips Wheels Ltd : SSWL bags repeat caravan wheels order .Says total order covers supplies of approx 23,000 wheels in a period of four months.  Full Article

Steel Strips Wheels gets export order from BMW and Caravan Industry
Friday, 25 Nov 2016 04:15am EST 

Steel Strips Wheels Ltd : Says SSWL bags order from BMW and Caravan Industry . Says total order is for supplying approx 20000 wheels . Says company has also bagged an order to supply wheels to BMW India . Orders will be executed from SSWL's Chennai plant with shipments starting from December 2016 .Total BMW India order size is 18,000 wheels and order will start for mass supplies from March 2017 from Chennai facility.  Full Article

Steel Strips Wheels gets increase in orders from VW Argentina
Friday, 14 Oct 2016 01:42am EDT 

Steel Strips Wheels Ltd : Says SSWL receives increase in orders from VW Argentina . Says total increase is from original order of 7,000 wheels to about 34,000 wheels in shipment period of Oct 16 to March 2017 .Says additional orders will result in additional forex earnings of more than $600,000 for the shipment period.  Full Article

Steel Strips Wheels revises qtrly sale volume guidance to 4 mln wheels
Friday, 12 Aug 2016 01:40am EDT 

Steel Strips Wheels Ltd : SSWL revises its quarterly sale volume guidance upwards . Steel Strips Wheels Ltd.- sales increase driven by ramp up of passenger car volumes and better outlook for commercial vehicles segment wheels . Steel Strips Wheels Ltd.- Q2 consolidated sales volume guidance revised to 4 million wheels . Expects to beat July monthly sales volume in each of remaining 2 months of the current quarter' .  Full Article

Steel Strips Wheels gets $55 mln export order from Elio Motors
Friday, 5 Aug 2016 01:59am EDT 

Steel Strips Wheels Ltd. : SSWL bags USD 55 million exports business from USA . Total project volume would be approx 3 million wheels spread over 5 years generating cumulative revenue of about US$ 55 million . Order to include development of 2 ground wheels .To increase presence in north America by launching commercial vehicle steel wheels, passenger car alloy wheels from upcoming green field plants in India.  Full Article

Steel Strips Wheels total wheel rim sales up 8.4 pct in July
Monday, 1 Aug 2016 03:15am EDT 

Steel Strips Wheels Ltd : July total wheel rim sales 1.3 million units, up 8.4 percent . Co expects to clock Q2 sales to reach 3.8 million wheels, indicating about 13 percent volume growth . Expect high single digit growth in passenger car segment going ahead in FY 16-17 . Co expects sharp pickup in LCV & MHCV segment from September 2016 and maintain 20 percent plus growth outlook for FY 16-17 .  Full Article

Steel Strips Wheels says co bags new business from Kenya
Wednesday, 20 Jul 2016 01:53am EDT 

Steel Strips Wheels Ltd : Sswl bags new business from Kenya . Total project volume would be approx 150,000 wheels spread over 5 years generating cumulative revenue of about USD 2.4 million . Supplies would be executed from co's dappar plant in punjab . Already supplying wheels to Morocco and Egypt, aims to further increase its presence-in the African continent . Order will include development of a 16 inch ground wheel and marks sswl's entry into east Africa .  Full Article

More From Around the Web

BRIEF-Steel Strips Wheels gets export order from France

* Total order covers supplies of approx 25,000 wheels in a period of five months from April 2017