Steel Strips Wheels projects higher growth for Q4: Steel Strips Wheels Limited has said that the company is aiming for volume sales of 35.6 lakhs for its fourth quarter - a 7.09% increase over Q3 volume sales of 33.24 lakhs.
The company has revised targets upward after having seen strong commercial vehicle growth and a boost in the truck and tractor segment in Q4, which it says, "will negate the demonetization impact". Its portfolio growth in heavier wheels is currently in double digits.