India's Steel Strips Wheels gains on May sales growth, capacity addition plan
02/06/2026 07:19
BUZZ-India's Steel Strips Wheels gains on May sales growth, capacity addition plan ** Shares of Steel Strips Wheels STWH.NS up 5.4% to 206.8 rupees
** Co, which makes auto wheel rims, says its net turnover from May sales grew 18.4% y/y
** Co plans ~1.2 mln units capacity addition in alloy wheels to ramp up total capacity up to ~6.2 mln for FY27
** Stock set to snap three sessions of losses
** YTD, STWH up ~7%
(Reporting by Anuran Sadhu in Bengaluru)
((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
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