India's ZF Steering Gear gains after June-quarter profit rises

Z F Steering Gear (India)

24/07/2026 09:40

** Shares of India's ZF Steering Gear ZFST.NS rise as much as 20%, last up 6.8% at 711 rupees
** Stock set for their biggest intraday percentage gain since June 15, 2026 
** Automotive components maker reports June-quarter consol net profit increases 55.2% Y/Y to 123.7 million rupees, driven by higher revenue and lower other expenses
** Consol revenue from operations rises 7.5% Y/Y
** More than 42,826 shares change hands, about 8.7x vs 30-day avg 

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))