Chandigarh-based Steel Strips Wheels received another export order from PSA Peugeot Citroen, Europe for supply of approx. 15,000 steel wheel rims.
The export order is for Peugeot`s existing model.
Steel Strips Wheels, flagship arm of Steel Strips group, is engaged in the manufacturing of single piece steel wheel rims in the range of 10 to 30 inches diameter for scooters, passenger cars, utility vehicles and tractors.
Shares of the company declined Rs 2.55, or 1.25%, to trade at Rs 201.00. The total volume of shares traded was 3,928 at the BSE. (12.03 p.m, Tuesday)