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SSWL — Steel Strips Wheels News Story

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India's Steel Strip Wheels set for best day in 3 years after Q1 profit rises

BUZZ-India's Steel Strip Wheels set for best day in 3 years after Q1 profit rises 

** Shares of Steel Strips Wheels STWH.NS jump 11% t0 278 rupees

** Set for biggest gain since June 2023

** Auto parts maker's Q1 consol profit up 47% to 694.5 million rupees, rev up 27.2% y/y

** More than 5.5 million shares traded, almost 8x their30-day avg

** YTD, STWH up ~33%


(Reporting by Urvi Dugar in Bengaluru)

((UrviManoj.Dugar@thomsonreuters.com;))

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