India's Steel Strips Wheels rises after inking supply agreement
16/04/2024 07:33
** Shares of Steel Strips Wheels Ltd STWH.NS rise as much
as 6.3% to 238.50 rupees
** Wheel rims maker says it has inked wheel supply agreement
with unnamed top car manufacturer in India - its maiden entry as
supplier of aluminium wheels
** Stock on track to snap 6 straight days of losses
** More than 703,000 shares traded as of 11:56 a.m. IST,
2.7x the 30-day moving avg
** STWH last up 3.1%; fell ~10.9% YTD
(Reporting by Meenakshi Maidas in Bengaluru)
((meenakshi.maidas@thomsonreuters.com;))
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