Steel Strips Wheels Aug Turnover Up 44.72% YoY

Limited has reported a strong performance for August 2026, recording a gross turnover of ₹687.51 crore compared to ₹475.06 crore in the corresponding month of the previous year. This marks a year-on-year growth of 44.72%. The company also highlighted an overall growth of 53.62% YoY during the period. The robust numbers reflect sustained demand for the company’s automotive wheels across passenger vehicles, commercial vehicles, tractors and other segments. Steel Strips Wheels continues to benefit from its strong market position in both steel and alloy wheels, supported by ongoing capacity expansions and a diversified customer base that includes major OEMs. The healthy monthly performance underscores the company’s operational momentum and positions it well for continued growth in the auto components sector amid rising vehicle production and premiumisation trends in the domestic market. **Top stocks in the auto components / wheels industry:** Wheels India, Jamna Auto Industries, and Endurance Technologies.