Steel Strips Wheels trades higher on the bourse

Steel Strips Wheels is currently trading at Rs. 159.95, up by 4.50 points or 2.89% from its previous closing of Rs. 155.45 on the BSE.

The scrip opened at Rs. 163.00 and has touched a high and low of Rs. 166.00 and Rs. 155.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 242.00 on 23-Mar-2012 and a 52 week low of Rs. 155.00 on 28-Feb-2013.

The current market cap of the company is Rs. 243.00 crore. The promoters holding in the company stood at 53.82% while Institutions and Non-Institutions held 2.63% and 43.55% respectively.

Steel Strips Wheels has bagged an export order from Peugeot Citroen Group of France for supplies of Steel Wheel Rims for its new platform car. [Via]

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