Steel Strips Wheels shines on posting robust June sales

MUMBAI (makemystocks): Steel Strips Wheels Ltd (BOM:513262) has achieved sales of 6.40 lakhs wheel rims during the month of June 2010 as against 4.86 lakhs wheel rims during the month of June 2009, recording a growth of 31.68%. The shares of the company have jumped to 2.34 per cent from the previous close, on the Bombay Stock Exchange (BSE).

The company has also achieved a production of 6.50 lakhs wheel rims during June 2010 as against 4.89 lakhs during June 2009 recording a growth of 32%.

The company has achieved the export sales of 74,798 wheel rims during the month of June 2010 as against 30,906 wheel rims during the month of June 2009, recording a growth of 142%.