January 4, 2017 / 7:49 AM / 7 months ago

BUZZ-India's Steel Strips Wheels hits 2-1/2-month high on positive outlook

1 Min Read

** Steel Strips Wheels Ltd gains as much as 6.6 pct to 700 rupees, highest since Oct 25

** The steel wheel rims manufacturer sees volume sale of 3.7 mln in Q4 FY 2016-17 as compared with 3.3 mln in Q3

** Quarterly volume growth driven by passenger cars, growth in tractors and truck segment

** Says CV segment seeing very good demand for Q4 "will surely negate demonetisation impact" bit.ly/2hQUuQu

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