Steel Strips Wheels share price gained more than 3 percent intraday on April 29 after the company received export orders from the US and EU markets.
".... confirms export orders of over 170,000 wheels for US & EU caravan trailer market, US mobile home and US truck trailer market," the company said in a release.
The company will complete the orders by early July from its Chennai and Dappar plants.
Orders of a similar capacity were expected in the coming months from the same customer base as businesses were recovering rapidly, it added.