India's Steel Strips Wheels rises on Q3 profit jump
17/01/2024 07:24
** Shares of Steel Strips Wheels STWH.NS trim some gains
to trade 2.4% higher, they were up as much as 3% earlier in the
session
** The steel and alloy wheel rims maker reported ~36% Y/Y
rise in Q3 consolidated net profit while rev from ops grew 18.3%
Y/Y
** Trading vols 3x the 30-day daily avg
** Stock rose ~63% in 2023 after falling 7.5% in 2022
(Reporting by Ashish Chandra in Bengaluru)
((ashish.chandra@thomsonreuters.com (+91 7982114624))
Recent news on Steel Strips Wheels
See all newsBrief: Steel Strips Wheels Says Mohan Joshi Resigns As Deputy MD
India's Steel Strips Wheels gains on May sales growth, capacity addition plan
Brief: Steel Strips Wheels Says May 2026 Net Turnover Up 18.43% YoY
Brief: Steel Strips Wheels Reports 16.84% YoY Increase In Net Turnover
Brief: Steel Strips Wheels Enters Agreement With Arays And Hainan Jihoo