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Steel Strips Wheels Ltd expects highest ever quarterly volume in Q4 FY18

Equity Bulls 2017-12-07 00:00:00

Steel Strips Wheels Ltd (SSWL) has announced the Q4 FY 17-18 volume guidance. The company expects to register highest ever quarterly volume in Q4 FY 17-18 with 40 Lacs wheel confirmed order book. This correlates with SSWL also achieving highest ever turnover for the quarter.

The sales volume in Q4 FY2017 was 36.01 lacs and the company expects to clock sales of 40 lacs in Q4 FY 2018, a growth of 11% year-on-year.

Shares of STEEL STRIPS WHEELS LTD. was last trading in BSE at Rs.1045 as compared to the previous close of Rs. 1059.8. The total number of shares traded during the day was 6581 in over 500 trades.

The stock hit an intraday high of Rs. 1083.35 and intraday low of 1043.15. The net turnover during the day was Rs. 7026089.