Steel Strips Wheels net profit at Rs 7.72 cr; stock up

MUMBAI: Steel Strips Wheels reported net profit of Rs 7.72 crores for the quarter ended December 2010 as compared to Rs 2.37 crores in the same quarter a year ago. Total income stood at Rs 165.64 crores from Rs 115.71 crores during the same period.

The stock was at Rs 285.70, up 4.08 per cent on the BSE. It touched a high of Rs 288.25 and low of Rs 279.95 in trade so far.