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Steel Strips Wheels Limited receives approval for resolution plan for AMW Autocomponent Ltd
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Steel Strips Wheels Share Price News: Steel Strips Wheels Surges As Board to Discuss Stock Split Plan
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Promoters of Steel Strips Wheels Limited release 58000 shares from pledge
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Shares of Steel Strips Wheels (SSWL) hit a 52-week high of Rs 1,350 as they soared 18 per cent on the BSE in intra-day trade on Wednesday, rising 25 per cent in the past two days after the company said it received new orders for over $15 million (Rs 113 crore) from Western Hemisphere. “SSWL confirms export orders valued over $15 million from Western Hemisphere. SSWL will complete their execution by August 21 from its Chennai and Dappar plants. Orders for a similar capacity are anticipated in coming months from similar customer base as the business continues to recover rapidly, the company said in a BSE filing.