SSWL looks good to invest in as the company has received a big order from German car manufacturer AUDI. The business awarded has a potential of exports worth US$38 mn (approximately Rs. 179 Crs) over 5 years
period. SSWL will deliver 3 lakh wheel rims p.a. under this order. This order marks the company’s second order from German OEM. The company expects to start delivering wheel rims from Q4 FY11. We believe that product approvals and order pipeline will continue to drive the export growth at a rapid pace...
To read full research analysis you can refer to:
http://www..in/productattachment/BrokerRecommendation/SSWL.pdf
Source: Dalal Street Investment Journal
www..in
