India's Steel Strips Wheels rise after uptick in monthly net turnover
01/07/2026 09:05
BUZZ-India's Steel Strips Wheels rise after uptick in monthly net turnover ** Shares of Steel Strips Wheel Ltd STWH.NS up 5.9% at 244.20 rupees apiece, highest since September 2025
** Stock sees biggest % increase since June 2
** Auto parts maker reports a monthly net turnover of 4.80 billion rupees ($50.56 million), up 36.84% YoY
** Truck segment was a key highlight of the month, posting a 39% growth by volume YoY
** Exports registered a 39% decline in volumes YoY amid ongoing international logistics constraints but saw 9% positive growth by value vs June 2025
** YTD, stock up 25.96%
($1 = 94.9375 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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