Sales numbers may hoist Steel Strips Wheels

Steel Strips Wheels’ wheel rim sales in December rose 3 per cent year-on-year to 10.42 lakh units. “The truck wheel segment is continuously improving the company’s profitability and will further strengthen it, going forward,” it said. Sales volumes in the commercial vehicles segment grew 51 per cent year-on-year. The company registered its highest ever truck wheel production in December. The stock may see momentum on these numbers.