New Delhi, April 1 -- Shares of Steel Strips Wheels (SSWL), a leading player in the automotive wheel manufacturing sector, surged 6% in intraday trade on Tuesday, April 1, to reach Rs.188.36 apiece after investors cheered the company's March business update, which showed healthy improvement compared to the same period last year.

Today's rise also ended the stock's four-day losing streak. The company, which designs, manufactures, and supplies steel wheel rims and alloy wheels for a wide range of domestic and global automobile manufacturers, reported a net turnover of Rs.433.70 crore in March 2025-its highest-ever monthly sales-marking a 27.29% increase from Rs.340.72 crore in the same period last year.

The company also reported a gross t...