Steel Strips Wheels

Auto components maker Steel Strips Wheels Limited has signed a pact with Tata Steel Long Products to supply round bars of various grades

The company said orders of similar capacity are anticipated from the same customer base as businesses have picked up speed

Company says it has bagged 'export' orders for over 6,000 wheels for the US truck and caravan trailer market

The stock was up 4% to Rs 1,269, also its record high on the BSE in intra-day trade, after the company bagged repeat order of 41,000 caravan wheels from Europe.

The stock was trading 3% higher at Rs 1,060, extending its Thursday's 1% gain on the BSE in otherwise weak market

The stock was up 5% to Rs 692 on intra-day trade, extending its Tuesday's 5% gain on the BSE

The stock rallied 13% to Rs 617 after the company posted 14% YoY growth in total wheel rim sales of 1.20 million in November 2016.

Thus far in October, the stock outperformed the market by surging 29% as compared to 1.2% rise in Nifty 50.

The stock up 4% to Rs 488 on the BSE after the company has bagged export order from Mobius Motors, Kenya.

In past four trading sessions, the stock rallied 13% as compared to 0.59% rise in the S&P BSE Sensex.

The stock surged 6% to Rs 406 after the company won exports order for supply of high speed trailer steel wheels for the European trailer market.

The order is for approximately 1.72 million wheels spread over 5 years generating 15 million euros