Wheel rim sales in July 2014 increased 25% to 11.03 lac wheel rims compared with 8.82 lac wheel rims in July 2013, the company said in a release.
The growth was driven by passenger car, 2-3 wheelers, LCV and MHCV segments. Export volumes in July 2014 rose 14% to 1.42 lacs compared with 1.24 lacs in July 2013.
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The stock opened at Rs 291 on the BSE and touched an intra-day high of Rs 311 so far. Over 130,000 shares were traded on both the stock exchanges so far.
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