Auto parts and equipment maker Steel Strips Wheels Ltd (SSWL) said it received an export order from the German car maker Audi. The awarded business has a potential of export worth over $38 million over five years period, SSWL said in a regulatory filing. The Chandigarh-based company said it expects to start supplies in the first quarter of 2011.
On Friday, SSWL shares closed 9.9% higher at Rs196 on the Bombay Stock Exchange, while the Sensex ended at 1% up at 17,833 points.
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